Property profile

331 12th St Erie, PA 16503

OFF-MARKET
Industrial properties
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Property ID
US73-5547893
4,851 SF 0.31 ac Built 1903
Last sale Jul 2020·$80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 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?
$2k
Tax billed · 2023
Assessed value · 2024$41k
Assessed land$41k
Effective rate3.80%

Value estimate

· Nov 2026
$75k
$68k – $83k
AI approach$90k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 169 recorded sales of this use type
Observed band · Q1–Q3$28 – $65
Qualifying comparables5

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?
R3
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.2
Catering Service9.1
Electrical Service9.0

Location

331 12th St Erie, PA 16503-1100
County assessor Recorded deeds · 7 transfers 5 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2223 Broad, Erie, PA 16503-2512 $195,000 Dec 2025 3,420 SF
960 Buffalo, Erie, PA 16503-2102 $90,000 May 2024 3,040 SF
230 21st, Erie, PA 16503-1925 $346,000 Jan 2024 4,998 SF
2111 State, Erie, PA 16503-1846 $2,700,000 Nov 2023 6,545 SF
1318 12th, Erie, PA 16503-1717 $210,000 Mar 2021 5,400 SF
418 21st, Erie, PA 16503-2010 $80,000 Mar 2020 5,231 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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