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Property profile & analytics
OFF-MARKET
Estimated value
$2,730,000
Manufacturing properties
10915 Ackerman Ln North East, PA 16428-3828
Entity Owned
26-yr Hold
Free & Clear
Property ID
US73-0884777
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1991
Total area
56,374 SF
Lot
15.91 ac (693,040 SF)
Zoning code
I
APN
37-023-092.0-009.00
UPID
US73-0884777
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
-
Welch Foods Inc Big Box & Wholesale Store Food Market
-
North American Engery Services Electric Utility Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.84M
Blend (final)
Blend
$2.73M
Owner & transaction history
Energy LP Nepa · 26 yrs held
Energy LP Nepa
since 2000
2 recorded transactions
Zoning & alternative use
I · North East, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.3M
+147.7%
Restaurant
$4.1M
+139.1%
Retail stores
$4.0M
+133.4%
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 North East submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North East 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,730,000
Current use
OFFICE BUILDING
$4,290,000
Change: +148% · Conversion: Difficult
RESTAURANT
$4,140,000
Change: +139% · Conversion: Difficult
RETAIL STORES
$4,040,000
Change: +133% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,990,000
Change: +130% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,660,000
Change: +54% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,080,000
Change: +20% · Conversion: Easy
Blend value · Realmo final
$2.73M
Range $2.46M – $3.00M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$48 / SF
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
$44,395
Tax year 2023
Assessed value
$1,968,400
Assessed 2024
Previous assessed
$1,968,400
+0.0% YoY
Effective rate
2.26%
On assessed value
Assessed land
$387,800
Assessed improvement
$1,580,600
Land market value
$387,800
Improvement market value
$1,580,600
Total market value
$1,968,400
Applied tax rate
37.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1991
Heating
NONE
Buildings
2
Stories
5
Total area
56,374 SF
Lot
15.91 ac (693,040 SF)
Zoning code
I
APN
37-023-092.0-009.00
UPID
US73-0884777
Jurisdiction
ERIE
Zoning & alternative use
I · North East, PA
Zoning I · permitted uses
I · North East, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North East. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.7M
OFFICE BUILDING
Est. value
$4.3M
RESTAURANT
Est. value
$4.1M
RETAIL STORES
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$4.0M
COMMERCIAL (GENERAL)
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
5
Buildings
2
Lot
15.91 ac
Current owner
From public records · entity-resolved
Energy LP Nepa
Entity
Free & Clear · 26 yrs held
Mailing address
300 BAKER AVE, WILLIAMSVILLE, NY 14221
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 12, 2003
—
Energy Systems North East LLC
—
Deed Of Trust
related
$23,000,000 · Conectiv Mid-merit INC
Mar 30, 2000
$1,800,000
Energy LP Nepa
Mep-ii LLC
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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