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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Medical Office Space
2640 Zuck Rd Erie, PA 16506-3151
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0100678
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
WOOD
Total area
8,976 SF
Lot
0.69 ac (30,000 SF)
Zoning code
BB
APN
33-071-290.0-009.00
UPID
US73-0100678
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
-
Contemporary Ophthalmology Of Erie Physician Ophthalmologist
-
Ravinder Sabherwal, OD Physician
-
Visual Options Ophthalmologist (Bike/Boat/Book/etc) Store
-
Dr. Howard Levin Ophthalmologist
-
Emily Washek Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$610k
Blend (final)
Blend
$850k
Owner & transaction history
Vincent Imbrogno Realty LLC · 1 yrs held
Vincent Imbrogno Realty LLC
since 2024
Last sale
$850,000
6 recorded transactions
Zoning & alternative use
BB · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$875,000
+55.3%
Restaurant
$775,000
+37.4%
Auto repair, garage
$720,000
+27.6%
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
$850,000
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$565,000
Current use
COMMERCIAL (GENERAL)
$875,000
Change: +55% · Conversion: Easy
RESTAURANT
$775,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$720,000
Change: +28% · Conversion: Difficult
RETAIL STORES
$700,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Aug 2 2024)
Last sale anchor
$850k
Aug 2 2024
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
$95 / 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
$15,847
Tax year 2023
Assessed value
$612,700
Assessed 2024
Previous assessed
$612,700
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$135,000
Assessed improvement
$477,700
Land market value
$135,000
Improvement market value
$477,700
Total market value
$612,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
NONE
Stories
4
Total area
8,976 SF
Lot
0.69 ac (30,000 SF)
Zoning code
BB
APN
33-071-290.0-009.00
UPID
US73-0100678
Jurisdiction
ERIE
Zoning & alternative use
BB · Erie, PA
Zoning BB · permitted uses
BB · 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
MEDICAL BUILDING Current
Est. value
$565,000
COMMERCIAL (GENERAL)
Est. value
$875,000
RESTAURANT
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$720,000
RETAIL STORES
Est. value
$700,000
MEDICAL BUILDING Current
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
2003
Construction
WOOD
Heating
NONE
Stories
4
Lot
0.69 ac
Current owner
From public records · entity-resolved
Vincent Imbrogno Realty LLC
Entity
Mailing address
100 LORD RD, FAIRVIEW, PA 16415-1529
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2024
$850,000
Vincent Imbrogno Realty LLC
Howard M Levin
Special Warranty Deed
$680,000 · Howard M. Levin Etux
Aug 12, 2002
—
Howard M Levin
—
Trustees Deed
related
$692,750 · National City Bank Pennsylvani
Mar 21, 2002
$125,000
Howard M Levin
Baldwin/rubino Associates
Grant Deed
—
Jan 9, 2002
$125,000
Baldwinrubino Associates
Lawrence B Marks Estate
Grant Deed
—
—
—
Lawrence B Marks
—
Deed Of Trust
related
$5,679 · National City Bank Pennsylvani
—
—
Lawrence B Marks
—
Deed Of Trust
related
$5,079 · National City Bank Pennsylvani
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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