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Property profile & analytics
OFF-MARKET
Warehouses
2117 17th St, Erie, PA 16510-1305
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-3053257
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
WOOD
Total area
12,312 SF
Lot
0.8 ac (35,022 SF)
Zoning code
M2
APN
15-021-029.0-104.00
UPID
US73-3053257
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
Aaron R Jarmolowicz · 4 yrs held
Aaron R Jarmolowicz
since 2022
Last sale
$355,000
6 recorded transactions
Zoning & alternative use
M2 · 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
Tax billed
$11,097
Tax year 2023
Assessed value
$291,700
Assessed 2024
Previous assessed
$291,700
+0.0% YoY
Effective rate
3.80%
On assessed value
Assessed land
$43,800
Assessed improvement
$247,900
Land market value
$43,800
Improvement market value
$247,900
Total market value
$291,700
Applied tax rate
15.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
NONE
Buildings
2
Total area
12,312 SF
Lot
0.8 ac (35,022 SF)
Zoning code
M2
APN
15-021-029.0-104.00
UPID
US73-3053257
Jurisdiction
ERIE
Zoning & alternative use
M2 · Erie, PA
Zoning M2 · permitted uses
M2 · 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
1969
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.8 ac
Current owner
From public records · entity-resolved
Aaron R Jarmolowicz
Individual
Mailing address
2320 DEER RUN TRL, ERIE, PA 16509-5634
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2022
—
Aaron R Jarmolowicz
Aaron R Jarmolowicz
Intrafamily Transfer
related
$494,900 · Erie FCU
Mar 20, 2019
—
Aaron R Jarmolowicz
—
Deed
related
$204,000 · Erie FCU
Feb 21, 2018
$187,571
Aaron R Jarmolowicz
J V Properties LLC
Quit Claim Deed
related
—
Mar 2, 2004
—
J V Properties LLC
Findlay,mark G & Delores M
Grant Deed
related
—
Sep 23, 2002
$355,000
J V Properties LLC
Findlay,mark G & Delores M
Grant Deed
$160,000 · Pnc Bank
—
—
J V Properties LLC
—
Deed Of Trust
related
$200,000 · Erie Enterprise Dev Zone Revol
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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