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Property profile

3806 Rdg Rd Erie, PA 16506

OFF-MARKET
Auto shops
Property ID
US73-1238062
6,469 SF 0.54 ac lot Built 1963
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

3806 W Ridge Rd, Erie, PA is a triple-net commercial investment property configured to be leased to tenants under long-term lease arrangements. The property has both a national and a local tenant, indicating multiple tenancy arrangements, and the Monro lease history includes a corporate guarantee with three subsequent five-year options. No business operations are included as part of the property configuration, but the building is set up for tenant occupancy consistent with net-leased usage.

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?
$8k
Tax billed · 2023
Assessed value · 2024$295k
Assessed land$117k
Assessed improvement$177k
Effective rate2.59%

Value estimate

· Oct 2026
$255k
$230k – $281k
Submarket $/SF estimate$490k

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?
CB
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.1
Restaurant15.1
Auto Parts Store13.4

Location

3806 Rdg Rd Erie, PA 16506-1854
County assessor Recorded deeds · not on file 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

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3770 26th, Erie, PA 16506-2044 $330,258 Jan 2025 1,568 SF
2934 26th, Erie, PA 16506-2502 $178,400 Dec 2023 1,188 SF
2616 21st, Erie, PA 16506-2908 $110,000 Oct 2023 6,092 SF
2003 Evanston, Erie, PA 16506-2932 $207,000 Apr 2023 2,000 SF
5619 Rdg, Erie, PA 16506-1011 $287,000 Apr 2022 3,750 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
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