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Property profile

25 12th St Erie, PA 16501

OFF-MARKET
Strip malls
Property ID
US73-5962156
20,530 SF 1.01 ac lot Built 1924
Last sale Aug 2006 · $415,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This commercial office property is located in Erie, Pennsylvania, on a 1.015-acre lot. It consists of office space that can be leased in smaller configurations ranging from approximately 500 square feet to nearly 1,100 square feet, with an option to lease the entire corridor for private offices. The building is positioned near public bus lines and in proximity to government offices and banks, and the available spaces are configured as move-in ready offices.

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?
$18k
Tax billed · 2023
Assessed value · 2024$481k
Assessed land$243k
Assessed improvement$238k
Effective rate3.80%

Value estimate

· Oct 2026
$465k
$419k – $512k
AI approach$465k

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?

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

Zoning insight

What can be built here?
C3
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Catering Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Catering Service8.9
Watch Repair Shop8.8
Dry Cleaner8.5

Location

25 12th St Erie, PA 16501
County assessor Recorded deeds · 1 transfer 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

13 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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