Property profile

2202 Wallace St Erie, PA 16503

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Property ID
US73-1797922
2,112 SF 0.06 ac Built 1917
Last sale Aug 2025·$30,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 2202 Wallace St in Erie, Pennsylvania consists of a 4,184-square-foot commercial building configured for use as a grocery and convenience store, and it is set up as an individual unit within a broader five-property package sale structure.

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?
$794
Tax billed · 2023
Assessed value · 2024$28k
Assessed land$8k
Assessed improvement$20k
Effective rate2.86%

Value estimate

· Nov 2026
$115k
$104k – $127k

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

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 169 recorded sales of this use type
Observed band · Q1–Q3$28 – $65
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?
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 agency18.5
Hair Salon11.0
Cafe & Coffee Shop10.5

Location

2202 Wallace St Erie, PA 16503-2044
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
604 22nd, Erie, PA 16503 $185,000 Nov 2025 3,064 SF
202 10th, Erie, PA 16503-1008 $579,900 Dec 2024 3,031 SF
833 Ee, Erie, PA 16503-1555 $26,000 Sep 2024 1,792 SF
1032 Ee, Erie, PA 16503-1576 $55,000 Jul 2024 2,984 SF
460 12th, Erie, PA 16503-1226 $100,000 Feb 2024 2,672 SF
613 Parade, Erie, PA 16503-1111 $100,000 Aug 2023 3,136 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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