Property profile

1158 12th St Erie, PA 16503

OFF-MARKET
Warehouses
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Property ID
US73-2892667
31,984 SF 2.3 ac Built 1962
Last sale Apr 2022·$15,968
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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

What does the county charge?
Assessed value · 2024$383k
Assessed land$44k
Assessed improvement$338k

Value estimate

· Nov 2026
$495k
$446k – $545k
Submarket $/SF estimate$1.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$37/SF
Submarket average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$22 – $55

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?
R2
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 agency43.3
Dental Office30.2
Law Firm29.7

Location

1158 12th St Erie, PA 16503-1610
County assessor Recorded deeds · 8 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

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1819 German, Erie, PA 16503-1917 $350,000 Jan 2025 19,335 SF
1507 Wayne, Erie, PA 16503-3405 $474,000 Apr 2024 26,130 SF
823 8th, Erie, PA 16503-1405 $301,000 Mar 2023 34,018 SF
1703 Ash, Erie, PA 16503-2116 $287,500 Oct 2022 28,324 SF
202 8th, Erie, PA 16503-1004 $505,586 May 2021 21,899 SF
1015 12th, Erie, PA 16503-1520 $16,793,183 Dec 2019 68,102 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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