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Property profile

2340 W Grandview Blvd Erie, PA 16506

FOR LEASE
Strip malls
Property ID
US73-1165232
16,000 SF 1.88 ac lot Built 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial space located in southwest Millcreek on West Grandview Boulevard. It is configured to provide approximately 1,000 to 3,000 square feet of indoor space, and is suitable for office or retail use. The space is designed to accommodate tenant improvements through a build-to-suit arrangement, and the setting includes lake views.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$21k
Tax billed · 2023
Assessed value · 2024$824k
Assessed land$131k
Assessed improvement$693k
Effective rate2.59%

Value estimate

· Oct 2026
$225k
$203k – $248k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$4k
Operating expenses−$10k
NOI · 187,950.00% cap applied$23k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
187,950.00%
$23k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
DR
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop15.0
Building Supply13.5
Restaurant13.0

Location

2340 W Grandview Blvd Erie, PA 16506
County assessor Recorded deeds · 3 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

1 recorded sale · 16 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
4439 Rdg, Erie, PA 16506-1433 $1,000,000 Jan 2021 8,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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