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Property profile & analytics
OFF-MARKET
Estimated value
$1,465,000
Truck terminals
3025 17th St, Erie, PA 16505-3930
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2484569
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1977
Construction
WOOD
Total area
38,080 SF
Lot
5.86 ac (255,174 SF)
Zoning code
HI
APN
33-047-171.0-061.00
UPID
US73-2484569
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
Current use
Occupant on record · Public records
-
Presque Isle Trucking Co Trucking Company
-
Lake Erie Logistics, LLC Trucking Company
-
Steris Corporation Medical Supply Store
-
Transportation Investment Group, LP Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
3025 West 17 LLC · 4 yrs held
3025 West 17 LLC
since 2022
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
HI · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Erie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,555,000
ML approach
$1,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$2,410,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$2,395,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.47M
Range $1.32M – $1.61M · ±10% · vs last sale $1.40M (Jun 1 2022)
Last sale anchor
$1.40M
Jun 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$31,727
Tax year 2023
Assessed value
$1,226,700
Assessed 2024
Previous assessed
$1,226,700
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$292,900
Assessed improvement
$933,800
Land market value
$292,900
Improvement market value
$933,800
Total market value
$1,226,700
Applied tax rate
33.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1977
Construction
WOOD
Heating
NONE
Buildings
2
Stories
5
Total area
38,080 SF
Lot
5.86 ac (255,174 SF)
Zoning code
HI
APN
33-047-171.0-061.00
UPID
US73-2484569
Jurisdiction
ERIE
Zoning & alternative use
HI · Erie, PA
Zoning HI · permitted uses
HI · Erie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$2.4M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1977
Construction
WOOD
Heating
NONE
Stories
5
Buildings
2
Lot
5.86 ac
Current owner
From public records · entity-resolved
3025 West 17 LLC
Entity
Mailing address
5501 RTE 89, NORTH EAST, PA 16428-5054
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2022
$1,400,000
3025 West 17 LLC
Transportation Investment Group LP
Deed
$1,190,000 · Northwest Bank
Aug 15, 2018
—
Kristina I Hannum
Hannum,kristina I
Quit Claim Deed
related
—
May 4, 2018
$5,000
Kristina I Hannum
Transportation Invs Grp LP
Grant Deed
—
Sep 15, 2014
—
Transportation Inv Group LP
—
Grant Deed
related
$11,443,914 · Wells Fargo Bk
May 30, 2007
—
Transportation Inv Group
Transportation Inv Group
Quit Claim Deed
related
—
—
—
Transportation Inv Group LP
—
Deed Of Trust
related
$1,662,500 · Zions First National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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