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    Property profile & analytics

    2502 Parade St Erie, PA 16503-2034

    • Retail space
    • 4,446 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Location Intelligence
    Property ID
    US73-1370885
    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.

    Current Use by Public Records

    • AL's AUTO / Auto Repair Shop / Brake Shop
    • Als State & Emission Inspection / Car Inspection Station

    Property Details for 2502 Parade St

    Year built
    1960
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    4,446 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    18-050-015.0-106.00
    APU
    18050015010600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0658
    Latitude
    42.1156
    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
    $4,675
    $33,700
    $89,200
    $122,900
    -
    $33,700
    $89,200
    $122,900

    Comparable in this City

    • Value Estimation by Request
      336 SF

      364 17th St

      RETAIL STORES (PERSONAL SERVICES) • 336 SF
      364 17th St, Erie, PA 16503-1908
      View Details
    • Value Estimation by Request
      3,220 SF

      1319 Parade St

      RETAIL STORES (PERSONAL SERVICES) • 3,220 SF
      1319 Parade St, Erie, PA 16503-1125
      View Details
    • Value Estimation
      $60,000
      1,656 SF

      912 Ee Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,656 SF
      912 Ee Ave, Erie, PA 16503-1530
      View Details
    • Value Estimation
      $480,000
      4,250 SF

      718 Ee Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,250 SF
      718 Ee Ave, Erie, PA 16503-1526
      View Details
    • Value Estimation
      $285,000
      18,120 SF

      1404 12th St

      RETAIL STORES (PERSONAL SERVICES) • 18,120 SF
      1404 12th St, Erie, PA 16503-1719
      View Details
    • Value Estimation
      $340,000
      2,660 SF

      813 18th St

      RETAIL STORES (PERSONAL SERVICES) • 2,660 SF
      813 18th St, Erie, PA 16503-2147
      View Details

    Similar Nearby for Sale

    • $115,000
      Pending

      Erie Retail Liquor License Available

      Retail liquor license transferable throughout Erie County, Pennsylvania.
      2306 State St, Erie, PA 16503
      View Details
    • $1,250,000
      2,748 SF

      Established KFC Restaurant For Sale

      Long-term NNN lease with established franchisee in Erie, PA.
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    • $259,900
      1,740 SF

      Erie Automotive Repair and Sales

      Automotive repair and sales property with excellent income history.
      2527 East Ave, Erie, PA 16503
      View Details
    • $349,900
      6,560 SF

      Erie Commercial Building - 6 Units

      Historic Charm, High-Yield Investment
      1001-03 Parade St, Erie, PA 16503
      View Details
    • $99,900
      2,736 SF

      Erie Investment Property with Income

      Two-unit property with rental income and recent renovations.
      614 E 22Nd St, Erie, PA 16503
      View Details
    • New
      $149,900
      4,144 SF

      Erie Multifamily Investment Opportunity

      Two buildings with potential for multi-unit conversion.
      631 Parade St, Erie, PA 16503
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Retail Space Available For Rent

      7,000 square feet of retail space for rent.
      2202-2264 Broad St, Erie, PA 16503
      View Details
    • $6 SF/Yr
      3,600 SF

      German St Warehouse - Erie County

      Prime Erie County industrial warehouse, 3,600 sq ft.
      1821 German St, Erie, PA 16503
      View Details
    • $7 SF/Yr
      3,600 SF

      Erie Warehouse with New Upgrades

      3,600 SF Erie warehouse featuring new upgrades and amenities.
      1821 German St, Erie, PA 16503
      View Details

    Property Visit Statistics

    • Visits by month
      13.0k
    • Visitors by month
      7.4k
    • Avg Time on site
      12 min
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    2502 Parade St
    Erie, PA 16503-2034
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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