Property profile

2111 Peninsula Dr Erie, PA 16506

OFF-MARKET
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Property ID
US73-1809850
4,824 SF 0.73 ac Built 1951
Last sale Apr 2020·$1,969,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This light industrial building contains 4,824± square feet total, including 3,455± square feet (73%) of warehouse/industrial space and 1,295± square feet (27%) of office space. The warehouse area has a 12’ clear ceiling height and includes a 11’H x 10’W drive-in overhead door, with 480/277V, 3-phase power and gas forced-air heating. A 120± square-foot shop office area is served by two restrooms, while the main office portion includes five offices, a conference room, and two restrooms. The…

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 · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$210k
Assessed land$96k
Assessed improvement$114k
Effective rate2.84%

Value estimate

· Nov 2026
$250k
$225k – $275k
AI approach$270k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$37/SF
Submarket average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$22 – $55
Qualifying comparables6

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?
AR
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.9
Auto Parts Store13.5
Storage Facility12.2

Location

2111 Peninsula Dr Erie, PA 16506-2952
County assessor Recorded deeds · 2 transfers 6 qualifying comp sales 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2230 2232nd W 23rd, Erie, PA 16506 $1,400,000 Mar 2025 9,600 SF
2500 Yoder, Erie, PA 16506-2366 $600,000 Feb 2024 7,840 SF
2424 23rd, Erie, PA 16506-2921 $7,000,000 Dec 2023 2,400 SF
2727 21st, Erie, PA 16506-2962 $286,000 Dec 2022 4,464 SF
4025 Rdg, Erie, PA 16506-1719 $90,000 Jul 2022 6,600 SF
4525 Rdg, Erie, PA 16506-1435 $594,197 Aug 2021 8,499 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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