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Property profile

1052 12th St Erie, PA 16501

OFF-MARKET
Auto shops
Property ID
US73-2220247
8,250 SF 0.24 ac lot Built 1870
Last sale Aug 2008 · $190,000
Individually Owned Owner of record is an individual. 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an automotive service site consisting of a primary 8,250-square-foot building and a second, abutting 2,000-square-foot unit historically used for automotive-related work (including use by a boat mechanic), along with a separately offered approximately 3,830-square-foot space. The site is supported by multiple tax parcels and includes an on-site billboard structure that is configured for leasing revenue. Located at the intersection of West 12th Street and Raspberry Street, 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?
$4k
Tax billed · 2023
Assessed value · 2024$117k
Assessed land$53k
Assessed improvement$65k
Effective rate3.80%

Value estimate

· Oct 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$31 – $102

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?
M2
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 agency55.9
Restaurant43.5
Dental Office34.4

Location

1052 12th St Erie, PA 16501-1527
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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

3 recorded sales · 14 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1460 12th, Erie, PA 16501 $525,000 Oct 2020 7,980 SF
436 48th W 12th, Erie, PA 16501 $575,000 Nov 2019 32,316 SF
454 12th, Erie, PA 16501-1506 $575,000 Nov 2019 2,304 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

Ask Rey → ChatGPT Grok Claude
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