Technical
Financial
Distress signals
Property profile

105 12th St Erie, PA 16501

OFF-MARKET
Turn key restaurants
Property ID
US73-1145570
3,282 SF 0.92 ac lot Built 2007
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Construction FRAME
Total area 3,282 SF
Lot 0.92 ac (39,910 SF)
Zoning code C3
APN 15-020-008.0-231.00
UPID US73-1145570

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

105 12th St Erie, PA 16501-1907
Erie metro Census 100 ERIE, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.45M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.44M

Owner & transaction history

since 2020
Last sale
$2.6M
3 recorded transactions
2020
$2.6M
2016
$855,000
2006
Price N/A

Zoning & alternative use

C3 · Erie, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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