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Property profile & analytics

2920 12Th St Erie, PA 16505

  • Commercial real estate
  • 3.80 lot acres
Value Estimation
Location Intelligence
Property ID
US73-0343076
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2920 12Th St

Lot size
3.80 lot acres
Zone code
RB
Property type
Commercial real estate
APN
33-034-059.0-026.00
APU
33034059002600

Description

Peninsula Crossings presents a unique investment opportunity in Erie, Pennsylvania. This 4.6-acre commercial land parcel is strategically located at 2920 W 12th St, Erie, PA 16505, boasting exceptional visibility and accessibility. Situated along W 12th Street, a high-traffic thoroughfare with approximately 22,000 vehicles per day, the property benefits from a strong retail and quick-service restaurant (QSR) presence in the immediate vicinity. Its prime location on the main access road to the Peninsula of Lake Erie, combined with its connection to a busy north-south corridor linking 12th and 26th Streets, ensures high traffic volume and excellent exposure. The expansive 4.6-acre site offers significant potential for the development of multiple pad sites, catering to a variety of commercial uses. Further enhancing its appeal is the property's signalized access, providing convenient ingress and egress for customers. This exceptional location presents a rare opportunity for national tenants seeking a prominent position along one of Western Pennsylvania's most desirable commercial corridors within Erie County. The single-tenant property offers significant development potential for businesses seeking high visibility and convenient access to a large customer base.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Erie
County
Erie
State
Pennsylvania
Longitude
-80.1468
Latitude
42.1002
CBSA code
21500
CBSA name
ERIE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,502
$1,411,300
$0.00
$1,411,300
-
$1,411,300
$0.00
$1,411,300
More about this property
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