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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Warehouses
2570 26th St Erie, PA 16506-3257
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-3064006
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
WOOD
Total area
10,704 SF
Lot
0.98 ac (42,623 SF)
Zoning code
CB
APN
33-071-195.0-022.00
UPID
US73-3064006
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bonnell's Collision Center Erie Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$591k
Blend (final)
Blend
$690k
Owner & transaction history
Collisionright LLC · 1 yrs held
Collisionright LLC
since 2025
7 recorded transactions
Zoning & alternative use
CB · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.1M
+188.6%
Office building
$880,000
+122.8%
Restaurant
$880,000
+122.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Erie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,140,000
Change: +189% · Conversion: Difficult
OFFICE BUILDING
$880,000
Change: +123% · Conversion: Difficult
RESTAURANT
$880,000
Change: +123% · Conversion: Difficult
RETAIL STORES
$880,000
Change: +122% · Conversion: Moderate
AUTO REPAIR, GARAGE
$745,000
Change: +88% · Conversion: Easy
COMMERCIAL (GENERAL)
$470,000
Change: +19% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$64 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,772
Tax year 2023
Assessed value
$725,800
Assessed 2024
Previous assessed
$725,800
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$255,700
Assessed improvement
$470,100
Land market value
$255,700
Improvement market value
$470,100
Total market value
$725,800
Applied tax rate
33.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Buildings
2
Stories
6
Total area
10,704 SF
Lot
0.98 ac (42,623 SF)
Zoning code
CB
APN
33-071-195.0-022.00
UPID
US73-3064006
Jurisdiction
ERIE
Zoning & alternative use
CB · Erie, PA
Zoning CB · permitted uses
CB · Erie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$880,000
RESTAURANT
Est. value
$880,000
RETAIL STORES
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$745,000
COMMERCIAL (GENERAL)
Est. value
$470,000
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Stories
6
Buildings
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Collisionright LLC
Entity
Mailing address
7695 W RDG RD, FAIRVIEW, PA 16415-1073
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2025
—
Collisionright LLC
Fip Master Funding Xxiv LLC
Deed
—
Apr 9, 2025
$2,560,000
Fip Master Funding Xxiv LLC
Scott M Bonnell
Special Warranty Deed
$120,000,000 · Citibank NA
Sep 17, 2021
—
Scott M Bonnell
—
Deed
related
$2,870,000 · Citizens Bank NA
Dec 28, 2018
—
Scott M Bonnell
—
Grant Deed
related
$2,709,016 · Citizens Bk/pa
Feb 15, 2018
—
Scott M Bonnell
—
Deed
related
$530,000 · Citizens Bk/pa
Sep 8, 2017
—
Scott M Bonnell
—
Deed
related
$315,000 · Citizens Bk/pa
Jun 26, 2017
—
Scott M Bonnell
—
Trustees Deed
related
$429,900 · Citizens Bk/pa
Nov 21, 2016
—
Scott M Bonnell
Bonnell,scott
Quit Claim Deed
related
—
Dec 22, 2004
$675,000
Bonnell,scott
Ace Glass
Grant Deed
$1,320,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$850,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$500,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$1,623,418 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$250,000 · Citizens Bk/pennsylvania
—
—
Scott M Bonnell
—
Deed Of Trust
related
$275,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$315,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Loan Modification
related
$530,000 · Citizens Bk/pa
—
—
Scott M Bonnell
—
Deed Of Trust
related
$200,000 · Citizens Bank Pennsylvania
—
—
Scott M Bonnell
—
Deed Of Trust
related
$500,000 · Citizens Bank Pennsylvania
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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