Property profile

2800 W 21St St Erie, PA 16506

FOR LEASE
Warehouses
Saved · see the list in your Dashboard
Property ID
US73-1235970
77,800 SF 3.81 ac Built 1957
Last sale Apr 2020·$1,969,800
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This Erie, PA property offers a diverse range of office and industrial spaces for lease, situated on a 3.8-acre lot at 2800 W 21st St, conveniently located near I-79 and I-90. The single-story, 77,800 square foot building, constructed in 1957, features a variety of suite sizes, ranging from a minimum of 230 square feet to a maximum contiguous space of 1,907 square feet. The property is zoned I-1, Light Industrial, and includes one loading dock and one drive-in door, making it suitable for…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$43k
Tax billed · 2023
Assessed value · 2024$1.52M
Assessed land$190k
Assessed improvement$1.33M
Effective rate2.84%

Value estimate

· Nov 2026
$1.83M
$1.64M – $2.01M
AI approach$2.02M
Submarket $/SF estimate$1.85M
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$4k
Operating expenses−$4k
NOI · 1,827.20% cap applied$11k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$37/SF
Submarket average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$22 – $55

Cap rate analysis

How does the asset earn?
1,827.20%
$11k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LI
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.5
Law Firm12.5
Storage Facility12.2

Location

2800 W 21St St Erie, PA 16506
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2251 23rd, Erie, PA 16506-2916 $773,000 Oct 2024 25,755 SF
2545 Grandview, Erie, PA 16506-4512 $1,050,000 May 2024 63,573 SF
4623 Pacific, Erie, PA 16506-4925 $1,000,000 Jan 2021 36,000 SF
2930 22nd, Erie, PA 16506-2302 $1,542,500 Aug 2020 57,336 SF
2952 22nd, Erie, PA 16506-2302 $1,542,500 Aug 2020 27,848 SF
2820 23rd, Erie, PA 16506-2915 $989,971 Apr 2020 25,600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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