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Property profile & analytics
OFF-MARKET Estimated value $275,000
Investment properties

1843 8th St Erie, PA 16505-4938

1,960 SF 0.11 ac lot Built 1951
Individually Owned 26-yr Hold Free & Clear
Property ID
US73-0481006
Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1951
Construction WOOD
Total area 1,960 SF
Lot 0.11 ac (4,800 SF)
Zoning code RLB
APN 16-031-009.0-411.00
UPID US73-0481006
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
  • Kaiser Vitus J CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k
Owner & transaction history
Vitus J Kaiser · 26 yrs held
Vitus J Kaiser
since 1999
2 recorded transactions
1999
$47,500
1969
Price N/A
Zoning & alternative use
RLB · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally located in the developed areas along major thoroughfares or adjacent to commercial or manufacturing districts. 202.3. Commercial districts. Districts designated for commercial use are more restrictive in outlying residential…

Zone name Residential Limited Business
General category INDUSTRIAL
Zone area 792.40 ac
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