Property profile

2978 12th St Erie, PA 16505

OFF-MARKET
Auto shops
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Property ID
US73-0343115
7,006 SF 0.54 ac Built 1962
Last sale Mar 2000·$275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$7k
Tax billed · 2023
Assessed value · 2024$264k
Assessed land$106k
Assessed improvement$158k
Effective rate2.59%

Value estimate

· Nov 2026
$240k
$216k – $264k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$31 – $102

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.0
Parking Facility11.1
Laundry Service9.3

Location

2978 12th St Erie, PA 16505-3945
County assessor Recorded deeds · 13 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3027 12th, Erie, PA 16505-3861 $475,000 Oct 2023 2,556 SF
3759 Lk, Erie, PA 16505 $250,000 Jul 2023 4,278 SF
3701 12th, Erie, PA 16505-3515 $335,000 May 2021 6,750 SF
4060 Lk, Erie, PA 16505-3267 $190,000 Sep 2020 2,673 SF
1226 Industrial, Erie, PA 16505-4324 $110,000 Sep 2020 3,500 SF
2725 12th, Erie, PA 16505-4201 $129,000 Mar 2019 2,040 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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