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    OFF-MARKET
    Land

    8350 Oliver Rd, Erie, PA 16509

    8.14 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8.14-acre industrial development site presents a compelling investment opportunity in Erie, Pennsylvania. Located at 8350 Oliver Road, this level lot boasts 570 feet of frontage, offering excellent visibility and accessibility. The property is zoned for industrial use within Summit Township and benefits from readily available public water and sewer services. Its strategic location provides convenient access to major transportation arteries, situated just 1.2 miles from Interstate 90 (Exit 24) and 3.8 miles from Interstate 79, ensuring seamless connectivity for logistics and distribution. The site's proximity to the J. Robert Baldwin Business Park further enhances its appeal. Strong demographics support this location, with approximately 15,518 residents within a 3-mile radius and approximately 70,286 residents within a 5-mile radius. The property's APN is 40-017-073.0-023.02. Priced at $610,500, or $75,000 per acre, this land offers significant potential for industrial development and represents a rare opportunity in a thriving market. Additional information is available upon request.

    Property profile
    Verified
    Property type Land
    Lot 8.14 ac (354,578 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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