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    Property profile & analytics

    2519 12th St Erie, PA 16505-4507

    • Turn key restaurants
    • 5,100 SF
    • 1.06 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US73-1436530
    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

    • Chick-fil-A / Caterer / Chicken Restaurant

    Property Details for 2519 12th St

    Year built
    2020
    Construction
    FRAME
    Lot size
    1.06 lot acres
    Property size
    5,100 SF
    Zone code
    RB
    Property type
    Turn key restaurants
    APN
    33-032-174.0-037.00
    APU
    33032174003700

    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
    -80.1363
    Latitude
    42.1027
    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
    $26,361
    $231,500
    $787,700
    $1,019,200
    -
    $231,500
    $787,700
    $1,019,200

    Comparable in this City

    • Value Estimation by Request
      4,546 SF

      2933 12th St

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      2933 12th St, Erie, PA 16505-3921
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    • Value Estimation
      $340,000
      5,250 SF

      2727 8th St

      RESTAURANT • 5,250 SF
      2727 8th St, Erie, PA 16505-4024
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      $220,000
      2,217 SF

      2769 8th St

      RESTAURANT • 2,217 SF
      2769 8th St, Erie, PA 16505-4027
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      2,262 SF

      Pittsburgh Ave

      RESTAURANT • 2,262 SF
      Pittsburgh Ave, Erie, PA 16505
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      4,660 SF

      1001 Peninsula Dr

      RESTAURANT • 4,660 SF
      1001 Peninsula Dr, Erie, PA 16505
      View Details
    • Value Estimation
      $395,000
      1,159 SF

      25 Peninsula Dr

      RESTAURANT • 1,159 SF
      25 Peninsula Dr, Erie, PA 16505-2003
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      West Erie Plaza Retail Pads

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      Retail Space Near Giant Eagle

      Retail space anchored by Giant Eagle in a busy corridor.
      2503 W 15Th St, Erie, PA 16505
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    Property Visit Statistics

    • Visits by month
      57.9k
    • Visitors by month
      31.9k
    • Avg Time on site
      14 min
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    2519 12th St
    Erie, PA 16505-4507
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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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