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Property profile & analytics
OFF-MARKET Estimated value $250,000
Commercial real estate

3 3rd Ww Erie, PA 16511

3.21 ac lot
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US73-3994771
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.21 ac (139,653 SF)
Zoning code RLB
APN 17-040-033.0-203.00
UPID US73-3994771
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
BLUFFS DEVELOPMENT II INC
BLUFFS DEVELOPMENT II INC
Zoning & alternative use
RLB · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally located in the developed areas along major thoroughfares or adjacent to commercial or manufacturing districts. 202.3. Commercial districts. Districts designated for commercial use are more restrictive in outlying residential…

Zone name Residential Limited Business
General category INDUSTRIAL
Zone area 792.40 ac
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