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Property profile & analytics
OFF-MARKET
Warehouses
1450 Walbridge Rd Erie, PA 16511-3600
Entity Owned
~
Est. High Equity
Property ID
US73-3558866
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Total area
6,000 SF
Lot
23.84 ac (1,038,470 SF)
Zoning code
I
APN
27-013-104.0-001.00
UPID
US73-3558866
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Uhil II LLC
Uhil II LLC
since 2025
7 recorded transactions
Zoning & alternative use
I · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Erie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erie 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$33,362
Tax year 2023
Assessed value
$1,266,300
Assessed 2024
Previous assessed
$1,266,300
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$254,200
Assessed improvement
$1,012,100
Land market value
$254,200
Improvement market value
$1,012,100
Total market value
$1,266,300
Applied tax rate
27.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
NONE
Buildings
10
Stories
1
Total area
6,000 SF
Lot
23.84 ac (1,038,470 SF)
Zoning code
I
APN
27-013-104.0-001.00
UPID
US73-3558866
Jurisdiction
ERIE
Zoning & alternative use
I · Erie, PA
Zoning I · permitted uses
I · Erie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Stories
1
Buildings
10
Lot
23.84 ac
Current owner
From public records · entity-resolved
Uhil II LLC
Entity
Mailing address
2727 N CENTRAL AVE #500, PHOENIX, AZ 85004-1120
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2025
—
Uhil II LLC
Arec 11 LLC
Deed
—
Mar 16, 2017
$1,350,000
1450 Walbridge LLC
Eriebank
Grant Deed
—
Mar 10, 2017
—
Eriebank
Estate Of Grtr Erie Indl Dev Cor
Quit Claim Deed
related
—
Jun 28, 2013
—
Greater Erie Indl Dev Corp
Eidco INC
Grant Deed
related
$517,500 · Pennsylvania Ind'l Dev Auth
Dec 28, 2012
$1,569,474
Greater Erie Indl Dev Corp
Setcavage,joseph A & Mary F
Grant Deed
$517,500 · Eriebank
Jan 24, 2012
—
Joseph A Setcavage
Setcavage,joseph A & Mary F
Quit Claim Deed
related
—
—
—
Joseph A Setcavage
—
Deed Of Trust
related
$80,000 · Northwest Savings Bank
—
—
Joseph A Setcavage
—
Deed Of Trust
related
$80,000 · Pnc Bank
—
—
Joseph A Setcavage
—
Deed Of Trust
related
$74,000 · Pnc Bank
—
—
Joseph A Setcavage
—
Deed Of Trust
related
$22,376 · Pnc Bank
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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