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    Property profile & analytics

    3444 Lk Rd Erie, PA 16505-3612

    • Investment properties
    • 4,292 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $250,000
    Location Intelligence
    Property ID
    US73-2064412
    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

    • Royal Chopstix Asian Cuisine / Fusion Restaurant / Restaurant
    • Chopstix / Asian Restaurant / Restaurant

    Property Details for 3444 Lk Rd

    Year built
    1870
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Property size
    4,292 SF
    Zone code
    BB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    33-006-026.0-020.00
    APU
    33006026002000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $245,000
      6.5%
      $235,000
      7%
      $220,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $235,000
      Retail
      $220,000
      Mixed-Use
      $250,000
      Hospitality
      $210,000
      Educational
      $235,000
      Residential Income
      $230,000
      Energy
      $225,000
      Income-Based Land
      $205,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.1645
    Latitude
    42.1006
    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
    $7,074
    $51,600
    $221,900
    $273,500
    -
    $51,600
    $221,900
    $273,500

    Comparable in this City

    • Value Estimation
      $95,000
      1,500 SF

      3340 10th St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,500 SF
      3340 10th St, Erie, PA 16505-3634
      View Details
    • Value Estimation
      $250,000
      3,936 SF

      3529 12th St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,936 SF
      3529 12th St, Erie, PA 16505-3650
      View Details
    • Value Estimation
      $295,000
      5,485 SF

      1502 Powell Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,485 SF
      1502 Powell Ave, Erie, PA 16505-3337
      View Details
    • Value Estimation
      $210,000
      10,562 SF

      1022 Wyoming Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 10,562 SF
      1022 Wyoming Ave, Erie, PA 16505-3836
      View Details
    • Value Estimation
      $335,000
      2,532 SF

      3350 Lk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,532 SF
      3350 Lk Rd, Erie, PA 16505-3646
      View Details
    • Value Estimation
      $310,000
      3,239 SF

      3137 Lk Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,239 SF
      3137 Lk Rd, Erie, PA 16505-3852
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Mixed-use property with retail, residential, and redevelopment potential.
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      Prime Location, Newly Remodeled, High Potential
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      Mixed-use property with multiple rental units and expansion potential.
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      Mixed-use property with commercial units, residential spaces, and storage.
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    Similar Nearby for Lease

    • $14 SF/Yr
      54,733 SF

      Peninsula Plaza Office Space

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      View Details
    • Contact for pricing
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      1,950 SF restaurant space for lease in Erie, PA.
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      View Details
    • Contact for pricing
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      Yorktown Centre Retail Space

      Erie, PA: Prime Retail Opportunity
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      View Details
    • $4 SF/Yr
      2,240 SF

      Erie Office/Mixed-Use Space Available

      Office/Mixed-Use spaces available with excellent visibility and abundant parking.
      2115 W 8Th St, Erie, PA 16505
      View Details
    • $9 SF/Yr
      5,906 SF

      Erie Restaurant & Bar Opportunity

      Prime Erie location, 5,906 sq ft, lease/buy options
      3040 Lake Rd, Erie, PA 16505
      View Details
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    Erie, PA 16505-3612
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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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