Financial
Distress signals
Property profile

1115 Lowell Ave Erie, PA 16505

OFF-MARKET
Auto shops
Property ID
US73-0347872
1,800 SF 0.57 ac lot Built 1959
Last sale Nov 2025 · $715,000
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a former service station site configured with two commercial garage buildings intended for automotive and general commercial use. The primary building is approximately 38 by 48 feet with high ceilings and was set up as a full-service, high-capacity garage, including utilities for water and heat, two overhead doors with openers, two hydraulic lifts, one floor lift, and tire equipment such as a tire machine, tire balancer, and a suspended air compressor; it also includes

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value$274k
Assessed land$111k
Assessed improvement$163k
Effective rate2.59%

Value estimate

· Sep 2026
$245k
$221k – $270k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

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?
BB
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.0
Discount Store9.6
Convenience Store9.6

Location

1115 Lowell Ave Erie, PA 16505-4147
County assessor Recorded deeds · 1 transfer 3 qualifying comp sales 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

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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