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Property profile

5410 Lk Rd Erie, PA 16505

OFF-MARKET
Turn key restaurants
Property ID
US73-0703943
5,372 SF 0.55 ac lot Built 1940
Last sale Jul 2020 · $725,000
Individually Owned Owner of record is an individual. 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$625k
Assessed land$48k
Assessed improvement$577k

Value estimate

· Oct 2026
$680k
$612k – $748k
AI approach$705k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$47 – $132

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BB
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm14.8
Dental Office13.5
Realty agency12.1

Location

5410 Lk Rd Erie, PA 16505-2871
County assessor Recorded deeds · 10 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

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2600 8th, Erie, PA 16505 $185,000 Feb 2025 5,494 SF
1321 Peninsula, Erie, PA 16505-4234 $125,000 Sep 2024 3,550 SF
3701 9th W Lk, Erie, PA 16505 $283,000 Mar 2023 3,953 SF
2252 8th, Erie, PA 16505-4543 $610,000 Nov 2022 6,760 SF
2166 70th W 12th, Erie, PA 16505 $275,000 Jul 2022 6,800 SF
1404 Peninsula, Erie, PA 16505-4237 $707,500 Jun 2022 5,960 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
6 properties of the same type nearby
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