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    Property profile & analytics

    2961 Peach St Erie, PA 16508-1848

    • Investment properties
    • 6,851 SF
    • 0.69 lot acres
    OFF-MARKET
    Value Estimation
    $230,000
    Location Intelligence
    Property ID
    US73-2178797
    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.

    Current Use by Public Records

    • Paul Nick - Coldwell Banker, Realtor / Real Estate Agent
    • Michelle Walker, Coldwell Banker Select - Peach / Real Estate Agent
    • Coldwell Banker Select, REALTORS / Real Estate Agent / Commercial Real Estate Agency

    Property Details for 2961 Peach St

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.69 lot acres
    Property size
    6,851 SF
    Zone code
    RLB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    18-053-030.0-321.00
    APU
    18053030032100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $270,000
      7%
      $240,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $215,000
      Geo Method
      $230,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $225,000
      Retail
      $280,000
      Mixed-Use
      $245,000
      Hospitality
      $270,000
      Educational
      $315,000
      Residential Income
      $230,000
      Energy
      $275,000
      Income-Based Land
      $250,000
      Food Service
      $310,000

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0763
    Latitude
    42.1062
    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
    $10,283
    $112,800
    $157,500
    $270,300
    -
    $112,800
    $157,500
    $270,300

    Comparable in this City

    • Value Estimation by Request
      2,850 SF

      2825 Raspberry St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,850 SF
      2825 Raspberry St, Erie, PA 16508-1547
      View Details
    • Value Estimation
      $95,000
      3,200 SF

      712 26th St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,200 SF
      712 26th St, Erie, PA 16508-1606
      View Details
    • Value Estimation
      $105,000
      2,952 SF

      1158 26th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,952 SF
      1158 26th St, Erie, PA 16508-1518
      View Details
    • Value Estimation
      $70,000
      2,220 SF

      1061 26th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,220 SF
      1061 26th St, Erie, PA 16508-1515
      View Details
    • Value Estimation
      $330,000
      4,902 SF

      664 26th St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,902 SF
      664 26th St, Erie, PA 16508-1602
      View Details
    • Value Estimation
      $145,000
      2,240 SF

      1730 26th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,240 SF
      1730 26th St, Erie, PA 16508-1234
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    • New
      Contact for pricing
      0.13 Acres

      Erie, PA Land Opportunity

      Vacant lot in Erie, PA, with public utilities available.
      2627 Chestnut St, Erie, PA 16508
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      Retail Property for Sale

      Retail property available for purchase.
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      0.16 Acres

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      Sizeable lot ready for new home construction in Erie.
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    Similar Nearby for Lease

    • $6 SF/Yr
      52,952 SF

      Prime Peach Street Office Space

      Versatile Office Suites, Ample Parking
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      Retail and restaurant spaces available in a large shopping center.
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    • Contact for pricing
      3,392 SF

      2178 38Th St

      Restaurants • 3,392 SF
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      View Details
    • $1.70 SF/Yr

      Retail Space Available For Rent

      Retail property available for lease.
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      View Details
    • $5 SF/Yr
      229,805 SF

      Liberty Center I Retail Space

      Erie, PA Retail Center: 12 Spaces Available
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    • $14 SF/Yr
      1,500 SF

      Erie Retail/Office Space Available

      Mixed-use space near Mercyhurst University, suitable for various businesses.
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      View Details
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    2961 Peach St
    Erie, PA 16508-1848
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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