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Financial
Distress signals
Property profile

1267 S Hill Rd Erie, PA 16509

FOR SALE
Assisted living facilities
Property ID
US73-0632982
26,348 SF 5.52 ac lot Built 1969
Last sale Dec 2021 · $2,540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 26,348-square-foot brick building, historically used as the Abington Crest Nursing Home, is located within minutes of Millcreek Mall and Interstates 79 and 90. The property is zoned RMD and is configured to support a range of uses, including a community or cultural center, worship facility, school, bed and breakfast, day/night care, professional offices, or a funeral home. Building systems and features include a generator (Kohler), an elevator, upgraded windows, two boilers, two furnaces, and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$44k
Tax billed · 2023
Assessed value · 2024$2.19M
Assessed land$195k
Assessed improvement$1.99M
Effective rate1.99%

Value estimate

· Oct 2026
$2.16M
$1.94M – $2.38M
AI approach$2.38M
NOI build-up
Gross scheduled income$579k
Vacancy & credit loss−$38k
Operating expenses−$216k
NOI · 46.37% cap applied$325k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
46.37%
$325k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R2
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.9
Law Firm16.6
Dental Office13.4

Location

1267 S Hill Rd Erie, PA 16509
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 4 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
41 Gore, Erie, PA 16509-3621 $7,270,000 Oct 2022 65,075 SF
5535 Peach, Erie, PA 16509-2603 $1,018,000 Aug 2020 151,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
4 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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