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    Property profile & analytics

    1051 28th St Erie, PA 16504-1346

    • Investment properties
    • 2,648 SF
    • 0.10 lot acres
    OFF-MARKET
    Value Estimation
    $75,000
    Last Sale
    Aug 16, 2023
    $65,000
    Location Intelligence
    Property ID
    US73-1434267
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 1051 28th St

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.10 lot acres
    Property size
    2,648 SF
    Zone code
    R1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    18-050-050.0-202.00
    APU
    18050050020200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.048
    Latitude
    42.119
    CBSA code
    21500
    CBSA name
    ERIE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,971
    $13,500
    $38,300
    $51,800
    -
    $13,500
    $38,300
    $51,800

    Comparable in this City

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      3,920 SF

      2610 German St

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      2622 Parade St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,684 SF
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      1,000 SF

      138 26th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,000 SF
      138 26th St, Erie, PA 16504-1049
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      $295,000
      3,928 SF

      153 Cypress St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,928 SF
      153 Cypress St, Erie, PA 16504-2015
      View Details
    • Value Estimation
      $95,000
      2,328 SF

      3813 Dexter Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,328 SF
      3813 Dexter Ave, Erie, PA 16504-2433
      View Details
    • Value Estimation by Request
      4,488 SF

      416 28th St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,488 SF
      416 28th St, Erie, PA 16504-1110
      View Details

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    Similar Nearby for Lease

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      Erie Office/Flex Space Available

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      High-traffic location suitable for retail or restaurant uses.
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    • $4 SF/Yr
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      Erie Flex Space Available

      7,380 SF flex space in gated commercial complex.
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    • $8 SF/Yr
      2,520 SF

      Erie Industrial Space For Lease

      Industrial space with 24' clear height available for lease.
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    • $4,500 /Mo

      Retail Pad Site For Lease

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      View Details
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    1051 28th St
    Erie, PA 16504-1346
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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