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Property profile & analytics
OFF-MARKET
Hotels

202 9th St Erie, PA 16501-1305

25,221 SF 0.5 ac lot Built 1986
Entity Owned 29-yr Hold Free & Clear
Property ID
US73-0717632
Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1986
Construction FRAME
Total area 25,221 SF
Lot 0.5 ac (21,946 SF)
Zoning code RLB
APN 16-030-015.0-200.00
UPID US73-0717632
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
  • Lodge On Sass Housing Complex
  • compound Hotel & Motel
  • TurkSco Electronics & Wireless Store Computer & Electronic Repair
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
Community Shelter Services INC · 29 yrs held
Community Shelter Services INC
since 1997
1 recorded transaction
1997
$300,000
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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