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Property profile & analytics
OFF-MARKET
Investment properties
1018 Lk St Lake City, PA 16423-1807
Individually Owned
7-yr Hold
Free & Clear
Property ID
US73-2401909
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1960
Construction
FRAME
Total area
5,600 SF
Lot
1.25 ac (54,624 SF)
Zoning code
C2
APN
28-004-005.0-005.00
UPID
US73-2401909
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Walker Brothers Construction Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
200266323 Ira · 7 yrs held
200266323 Ira
since 2019
5 recorded transactions
Zoning & alternative use
C2 · Lake City, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake City submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,904
Tax year 2023
Assessed value
$99,110
Assessed 2024
Previous assessed
$99,110
+0.0% YoY
Effective rate
2.93%
On assessed value
Assessed land
$30,100
Assessed improvement
$69,010
Land market value
$30,100
Improvement market value
$69,010
Total market value
$99,110
Applied tax rate
28.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1960
Construction
FRAME
Heating
NONE
Stories
2
Total area
5,600 SF
Lot
1.25 ac (54,624 SF)
Zoning code
C2
APN
28-004-005.0-005.00
UPID
US73-2401909
Jurisdiction
ERIE
Zoning & alternative use
C2 · Lake City, PA
Zoning C2 · permitted uses
C2 · Lake City, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
FRAME
Heating
NONE
Stories
2
Lot
1.25 ac
Current owner
From public records · entity-resolved
200266323 Ira
Individual
Free & Clear · 7 yrs held
Mailing address
PO BOX 8086, ERIE, PA 16505-0086
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2019
$58,000
200266323 Ira
Northwest Bk
Grant Deed
—
Feb 21, 2019
—
Northwest Bk
Northwest Bk
Quit Claim Deed
related
—
Feb 8, 2019
$3,761
Northwest Bk
Sheriff Of Erie County|walker,walter O JR & Amy L
Trustees Deed
related
—
—
—
Walter Q Walker
—
Deed Of Trust
related
$40,135 · National City Bank
—
—
Walter O Walker
—
Deed Of Trust
related
$25,000 · National Bank Of North East
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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