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    Property profile & analytics

    3823 Lancaster Rd, Unit 29 Erie, PA 16506-5340

    • Garden apartment buildings
    • 4,032 SF
    • 0.23 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Last Sale
    Mar 04, 2025
    Location Intelligence
    Property ID
    US73-1977118
    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

    • Garden apartment buildings

    Property Details for 3823 Lancaster Rd

    Year built
    1978
    Construction
    WOOD
    Lot size
    0.23 lot acres
    Property size
    4,032 SF
    Zone code
    AR
    Property type
    Garden apartment buildings
    APN
    33-082-414.1-001.27
    APU
    33082414100127

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.1378
    Latitude
    42.0751
    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
    $4,286
    $30,500
    $135,200
    $165,700
    -
    $30,500
    $135,200
    $165,700

    Comparable in this City

    • Value Estimation by Request
      66,792 SF

      Pacific Ave

      GARDEN APT, COURT APT (5+ UNITS) • 66,792 SF
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    • Value Estimation by Request
      9,932 SF

      Zuck Rd

      GARDEN APT, COURT APT (5+ UNITS) • 9,932 SF
      Zuck Rd, Erie, PA 16506
      View Details
    • Value Estimation by Request
      8,008 SF

      4601 Idyllbrook Vlg Ct, Unit 4835

      GARDEN APT, COURT APT (5+ UNITS) • 8,008 SF
      4601 Idyllbrook Vlg Ct, Erie, PA 16506-5245
      View Details
    • Value Estimation
      $4,895,000
      4,928 SF

      3844 Canterbury Dr, Unit 52

      GARDEN APT, COURT APT (5+ UNITS) • 4,928 SF
      3844 Canterbury Dr, Erie, PA 16506-5322
      View Details
    • Value Estimation
      $155,000
      4,224 SF

      3902 Canterbury Dr, Unit 8

      GARDEN APT, COURT APT (5+ UNITS) • 4,224 SF
      3902 Canterbury Dr, Erie, PA 16506-5325
      View Details
    • Value Estimation
      $625,000
      5,760 SF

      3725 Amherst Rd, Unit 29

      GARDEN APT, COURT APT (5+ UNITS) • 5,760 SF
      3725 Amherst Rd, Erie, PA 16506-2811
      View Details

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      Prime Erie location, 1.63+ acres, light industrial.
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      Erie, PA Building Site

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      Erie Office Building - Prime Location

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    Similar Nearby for Lease

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      Erie, PA Commercial Land Parcel

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      Erie, PA Office/Retail Space

      Office or retail space available for lease in Erie, PA.
      2340 W Grandview Blvd, Erie, PA 16506
      View Details
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    3823 Lancaster Rd, Unit 29
    Erie, PA 16506-5340
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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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