Property profile

1119 Payne Ave Erie, PA 16503

OFF-MARKET
Truck terminals
Property ID
US73-0977698
9,428 SF 1.66 ac lot Built 1959
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1959
Construction WOOD
Total area 9,428 SF
Lot 1.66 ac (72,440 SF)
Zoning code M1
APN 15-021-004.0-200.00
UPID US73-0977698

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
  • Metal Fabrication Plant Factory

Location

1119 Payne Ave Erie, PA 16503-1741
Erie metro Census 600 ERIE, PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2024
4 recorded transactions
2024
$712,424
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

M1 · 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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