Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2222 Downs Dr Erie, PA 16509-4792
    Back to Search
    Property profile & analytics

    2222 Downs Dr, Erie, PA 16509-4792

    View on Map

    • Grocery and convenience stores
    • 18,560 SF
    • 2.49 lot acres
    Off-Market
    Property ID
    US73-2336716
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,905,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ALDI / Specialty Food Shop / Supermarket

    Property Details for 2222 Downs Dr

    Year built
    2016
    Lot size
    2.49 lot acres
    Zone code
    B1
    Property type
    Grocery and convenience stores
    APN
    40-001-016.0-087.00
    APU
    40001016008700

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 25, 2018 — Erie Downs Drive LLC — Deed · related $250k · S & T Bank
    Jul 6, 2017 $3,250,000 Bhz Erie Pooh LLC Erie Downs Drive LLC Grant Deed · related —
    Jun 20, 2016 $2,150,000 Erie Downs Drive LLC Presque Isle Downs INC Grant Deed $2.1M · S&t Bk
    Oct 13, 2009 — Presque Isle Downs INC — Deed Of Trust · related $10M · Wells Fargo Bank
    Aug 12, 2009 — Presque Isle Downs INC — Deed Of Trust · related $20M · Wells Fargo Bank
    May 4, 2009 — Presque Isle Downs INC Presque Isle Downs INC Deed —
    — — Erie Downs Drive LLC — Deed Of Trust · related $250k · S&t Bk
    — — Racing Downs — Deed Of Trust · related $600k · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,111,000
      Market price range: $694k - $2.29M
      AI Estimate
      $1,855,000
      Market price range: $546k - $2.04M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,525,000
      Current use
      OFFICE BUILDING
      $1,525,000
      Change: +0% Conversion: Easy
      RESTAURANT
      $1,525,000
      Change: +0% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,515,000
      Change: -1% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $1,290,000
      Change: -15% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0858
    Latitude
    42.0509
    CBSA code
    21500
    CBSA name
    ERIE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $34,809
    $778,900
    $971,200
    $1,750,100
    -
    $778,900
    $971,200
    $1,750,100
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message