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    Property profile & analytics

    12 12th Ww Erie, PA 16511

    • Retail space
    • 2,184 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $385,000
    Last Sale
    Jan 01, 2025
    $300,000
    Location Intelligence
    Property ID
    US73-4078995
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 12 12th Ww

    Year built
    1948
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Property size
    2,184 SF
    Zone code
    RB
    Property type
    Retail space
    APN
    33-033-177.0-001.02
    APU
    33033177000102

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.1429
    Latitude
    42.1005
    CBSA code
    21500
    CBSA name
    ERIE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,004
    $29,600
    $47,900
    $77,500
    -
    $29,600
    $47,900
    $77,500

    Comparable in this City

    • Value Estimation by Request
      1,000 SF

      Downing Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,000 SF
      Downing Ave, Erie, PA 16511
      View Details
    • Value Estimation
      $185,000
      6,909 SF

      4348 Iroquois Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,909 SF
      4348 Iroquois Ave, Erie, PA 16511-2146
      View Details
    • Value Estimation
      $190,000
      1,780 SF

      2028 11th St

      RETAIL STORES (PERSONAL SERVICES) • 1,780 SF
      2028 11th St, Erie, PA 16511-3002
      View Details
    • Value Estimation
      $195,000
      1,248 SF

      4190 Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,248 SF
      4190 Lk Rd, Erie, PA 16511-1355
      View Details
    • Value Estimation
      $310,000
      2,416 SF

      1948 Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,416 SF
      1948 Lk Rd, Erie, PA 16511-1071
      View Details
    • Value Estimation
      $195,000
      1,815 SF

      4212 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,815 SF
      4212 Main St, Erie, PA 16511-1970
      View Details

    Similar Nearby for Sale

    • $1,500,000
      4,130 SF

      Lawrence Park Gas Station/Store

      Unbranded gas station and convenience store in Lawrence Park, PA.
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      View Details
    • $1,500,000
      4,130 SF

      Lawrence Park Commercial Opportunity

      Unbranded gas station and convenience store in Lawrence Park, Pennsylvania.
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    • $545,000
      5,928 SF

      Erie Commercial Property with Apartments

      Turn-key business with apartments and liquor license in high-traffic area.
      3922-24 Main St, Erie, PA 16511
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    • $330,000
      3,061 SF

      Turn-Key Restaurant Opportunity in Erie

      Established restaurant with apartment near Presque Isle State Park.
      3725 W Lake Rd, Erie, PA 16511
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    • $77,900
      0.37 Acres

      Erie, PA Residential Land

      Residential land for single-family home in Harborcreek, Erie, PA.
      807 Rustic Ct, Erie, PA 16511
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      Erie Land with Gas Well

      Well-maintained lot near beaches, shopping, and schools.
      7509 E Lake Rd, Erie, PA 16511
      View Details
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    12 12th Ww
    Erie, PA 16511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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