You are browsing as a guest. Register to access key data for free.
Property profile

253 8th St Erie, PA 16501

OFF-MARKET
Investment properties
Property ID
US73-0836360
6,632 SF 0.29 ac lot Built 1900
Entity Owned 16-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction WOOD
Total area 6,632 SF
Lot 0.29 ac (12,789 SF)
Zoning code RLB
APN 16-030-015.0-213.00
UPID US73-0836360

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic Skin Care Clinic
  • Tattoo & Piercing Shop

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2009
3 recorded transactions
2009
$125,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RLB · Erie, PA
Zoning description

RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally located in the developed areas along major thoroughfares or adjacent to commercial o…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 253 8th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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