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    12250 Lk Shr Dr North East, PA 16428

    • Land
    • 0.47 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12250 Lk Shr Dr

    Lot size
    0.47 lot acres
    Property type
    Land

    Description

    This exceptional 0.472-acre lot is situated on Lake Shore Drive in the desirable new Edgewater Subdivision in North East, Pennsylvania (zip code 16428). Previously the site of the Dohler Cottages, this property offers a rare opportunity to build a custom home in a stunning lakefront community. Enjoy breathtaking lake views and the convenience of being steps away from a public beach. The lot is zoned R-2, allowing for residential development. The property has not yet been assessed for tax purposes. While the lot size is 0.472 acres, the total square footage is approximately 20,556 square feet. This prime location in Erie County, Pennsylvania, presents an unparalleled chance to create your ideal lakeside retreat. The address is 12250 Lake Shore Drive, North East, PA. Buyers are responsible for conducting their own due diligence regarding taxes and building permits. The asking price for this exceptional property is $200,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    North East
    County
    Erie
    State
    Pennsylvania
    Longitude
    -79.7802
    Latitude
    42.2624

    Comparable in this City

    • Value Estimation by Request
      0.64 Acres

      12250 Lk Shr Dr

      Land • 0.64 Acres
      12250 Lk Shr Dr, North East, PA 16428
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    • Value Estimation by Request
      0.46 Acres

      12250 Lk Shr Dr

      Land • 0.46 Acres
      12250 Lk Shr Dr, North East, PA 16428
      View Details
    • Value Estimation by Request
      0.46 Acres

      12250 Lk Shr Dr

      Land • 0.46 Acres
      12250 Lk Shr Dr, North East, PA 16428
      View Details
    • Value Estimation by Request
      0.46 Acres

      12250 Lk Shr Dr

      Marinas • 0.46 Acres
      12250 Lk Shr Dr, North East, PA 16428
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    • Value Estimation by Request
      0.63 Acres

      12250 Lk Shr Dr

      Land • 0.63 Acres
      12250 Lk Shr Dr, North East, PA 16428
      View Details
    • Value Estimation
      $405,000
      5,100 SF

      18 Ml St

      GARDEN APT, COURT APT (5+ UNITS) • 5,100 SF
      18 Ml St, North East, PA 16428-1061
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    North East, PA 16428
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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