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Property profile

2805 12th St Erie, PA 16505

OFF-MARKET
Retail space
Property ID
US73-2113175
864 SF 0.15 ac lot Built 1950
Last sale Jul 2006
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional business opportunity is located at 2805 W 12TH Street, Erie, PA, in a fabulous, high-traffic area. The property boasts 432 square feet of space situated on a 0.15-acre lot, offering ample room for operations. The business is currently operational and features updated, modern equipment, ensuring a smooth transition for a new owner. A turnkey option is available for an additional cost, providing a seamless startup experience. This presents a unique chance to acquire an…

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?
$3k
Tax billed · 2023
Assessed value · 2024$135k
Assessed land$30k
Assessed improvement$105k
Effective rate2.59%

Value estimate

· Oct 2026
$240k
$216k – $264k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$46 – $102
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RB
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.3
Parking Facility12.0
Bakery10.5

Location

2805 12th St Erie, PA 16505-4203
County assessor Recorded deeds · 1 transfer 4 qualifying comp sales 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4009 12th, Erie, PA 16505-3354 $350,000 Feb 2026 1,968 SF
3100 12th, Erie, PA 16505-3855 $269,000 Mar 2025 988 SF
3959 12th, Erie, PA 16505-3343 $147,000 Jun 2023 1,134 SF
1849 8th, Erie, PA 16505-4938 $150,000 Oct 2021 1,248 SF
2860 6th, Erie, PA 16505-4031 $4,600,000 Dec 2020 798 SF
3528 Lk, Erie, PA 16505-3614 $80,000 Dec 2020 1,873 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

Ask Rey → ChatGPT Grok Claude
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