New search
Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Retail space
17 21st E Main St, North East, PA 16428
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1061121
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1882
Construction
WOOD
Total area
14,850 SF
Lot
0.19 ac (8,477 SF)
Zoning code
C1
APN
36-005-031.0-004.00
UPID
US73-1061121
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
Current use
Occupant on record · Public records
-
Ananda Montessori High School Daycare Center
-
The Skunk and Goat Tavern Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$505k
Blend (final)
Blend
$500k
Owner & transaction history
17 21 East Main Street LLC · 1 yrs held
17 21 East Main Street LLC
since 2024
Last sale
$525,000
5 recorded transactions
Zoning & alternative use
C1 · North East, 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 North East submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North East 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±10% · vs last sale $525k (May 22 2024)
Last sale anchor
$525k
May 22 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$34 / SF
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
$5,487
Tax year 2023
Assessed value
$208,800
Assessed 2024
Previous assessed
$208,800
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$21,200
Assessed improvement
$187,600
Land market value
$21,200
Improvement market value
$187,600
Total market value
$208,800
Applied tax rate
36.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1882
Construction
WOOD
Heating
NONE
Stories
7
Total area
14,850 SF
Lot
0.19 ac (8,477 SF)
Zoning code
C1
APN
36-005-031.0-004.00
UPID
US73-1061121
Jurisdiction
ERIE
Zoning & alternative use
C1 · North East, PA
Zoning C1 · permitted uses
C1 · North East, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North East. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1882
Construction
WOOD
Heating
NONE
Stories
7
Lot
0.19 ac
Current owner
From public records · entity-resolved
17 21 East Main Street LLC
Entity
Mailing address
1804 W 8TH ST, ERIE, PA 16505-4902
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
$525,000
17 21 East Main Street LLC
Kjam Properties LLC
Deed
—
Jul 1, 2019
$340,000
K J A M Properties LLC
David L Dennis
Special Warranty Deed
$272,000 · Marquette Savings Bank
Dec 5, 2003
$210,000
David L Dennis
Clark,daniel & Kathy
Grant Deed
$160,000 · National City Bank Pennsylvani
—
—
David L Dennis
—
Loan Modification
related
$208,000 · First Niagara Funding INC
—
—
David L Dennis
—
Deed Of Trust
related
$35,000 · National City Bank Pennsylvani
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 17 21st E Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
