2540 8th St Erie, PA 16505-4431
Property profile & analytics
2540 8th St, Erie, PA 16505-4431
- Hotels
- 18,768 SF
- 1.14 lot acres
Property ID
US73-0341360
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.
Location Intelligence
Current Use by Public Records
- Rodeway Inn / Hotel & Motel
Property Details for 2540 8th St
- Year built
- 1959
- Construction
- FRAME
- Lot size
- 1.14 lot acres
- Zone code
- BB
- Property type
- Hotels
- Property subtype
- Motels
- APN
- 33-015-046.0-029.00
- APU
- 33015046002900
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 17, 2024 | $780,000 | Presque Isle Motel LLC | Nilkanthvarni Corportion | Warranty Deed | $800k · Nilkanthvarni Corporation |
| Sep 20, 2019 | — | Shreeji Devdeepvish INC | — | Deed · related | $1.8M · Ark Hospitality LLC |
| Sep 3, 1999 | $650,000 | Nilkanthvarni Corp | Hari Ram INC | Grant Deed | $520k · First National Bank Zanesville |
| — | — | Shreeji Devdeepvish INC | — | Deed Of Trust · related | $1.8M · Ark Hospitality LLC |
| — | — | Nilkanthvarni Corp | — | Deed Of Trust · related | $535k · Pnc Bank |
| — | — | Nilkanthvarni Corp | — | Deed Of Trust · related | $432k · Northwest Savings Bank |
| — | — | Nilkanthvarni Corp | — | Deed Of Trust · related | $535k · Pnc Bank |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $665,000
- 6.5%
- $615,000
- 7%
- $570,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $788,000
Market price range: $788k - $2.14M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,190,000
- MEDICAL BUILDING
- $1,180,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.1398
- Latitude
- 42.1072
- 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
$14,305
$223,500
$329,600
$553,100
-
$223,500
$329,600
$553,100
