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Property profile & analytics
OFF-MARKET
Specialty properties
1720 Myrtle St 22 Erie, PA 16502-1844
Individually Owned
13-yr Hold
Free & Clear
Property ID
US73-2172908
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1926
Construction
FRAME
Total area
3,140 SF
Lot
0.1 ac (4,251 SF)
Zoning code
C1
APN
16-030-016.0-100.00
UPID
US73-2172908
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
Sisters Of Saint Joseph Neighborh · 13 yrs held
Sisters Of Saint Joseph Neighborh
since 2012
5 recorded transactions
Zoning & alternative use
C1 · 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
Assessed value
$24,700
Assessed 2024
Previous assessed
$24,700
+0.0% YoY
Assessed land
$8,500
Assessed improvement
$16,200
Land market value
$8,500
Improvement market value
$16,200
Total market value
$24,700
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1926
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Rooms
12
Bathrooms
2
Total area
3,140 SF
Lot
0.1 ac (4,251 SF)
Zoning code
C1
APN
16-030-016.0-100.00
UPID
US73-2172908
Jurisdiction
ERIE
Zoning & alternative use
C1 · Erie, PA
Zoning C1 · permitted uses
C1 · 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
1926
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Rooms
12
Bathrooms
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
Sisters Of Saint Joseph Neighborh
Individual
Free & Clear · 13 yrs held
Mailing address
425 W 18TH ST, ERIE, PA 16502-1720
Ownership since
2012
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
Jul 24, 2012
$13,000
Sisters Of Saint Joseph Neighborh
Oriental Avenue Investments
Grant Deed
—
Mar 17, 2010
$4,486
Oriental Ave Investments
Erie Cnty Tax Claim Burea
Quit Claim Deed
related
—
Apr 30, 2004
$39,900
Gregory M Finney
Perry Real Estate Inv Corp
Quit Claim Deed
related
$38,750 · Perry Real Estate Inv Corp
Dec 28, 2000
$5,389
Perry Real Estate Investment
Eastlake Development Corp
Quit Claim Deed
related
—
—
—
Ssj Neighborhood Network
—
Deed Of Trust
related
$107,000 · City Of Erie
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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