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Financial
Distress signals
Property profile

1921 8th St Erie, PA 16505

OFF-MARKET
Office buildings
Property ID
US73-0087973
2,732 SF 0.15 ac lot Built 1980
Last sale May 2025 · $180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 2,732 square foot freestanding building, located at 1921 W 8th St in Erie, PA, presents a unique investment opportunity. Built in 1980 and renovated in 2019, this Class C mixed-use property sits on a 0.15-acre lot and boasts a prime location in the Presque Isle Gateway District. The property features seven office rooms (two suitable as conference rooms), a storage room, kitchenette, and a reception area with a large storefront window. Its versatile design allows for division into…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$145k
Assessed land$32k
Assessed improvement$113k
Effective rate3.80%

Value estimate

· Oct 2026
$90k
$81k – $99k
AI approach$130k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$39 – $145

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RLB
RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally l...
General categoryINDUSTRIAL
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.7
Bakery9.5
Computer & Electronic Repair9.0

Location

1921 8th St Erie, PA 16505-4936
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3854 20th, Erie, PA 16505-3340 $78,000 Sep 2024 1,825 SF
3711 12th, Erie, PA 16505-3510 $335,000 Aug 2022 14,260 SF
4656 12th, Erie, PA 16505-3008 $900,000 Oct 2019 7,427 SF
3250 Lk, Erie, PA 16505-3691 $725,000 May 2019 8,972 SF
2741 8th, Erie, PA 16505-4035 $750,000 Dec 2018 5,340 SF
4021 12th, Erie, PA 16505-3357 $395,000 Dec 2018 8,188 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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