Financial
Distress signals
Property profile

3901 W Ridge Rd Erie, PA 16506

FOR LEASE
Other investment properties
Property ID
US73-2507671
2,320 SF 0.65 ac lot Built 1925
Last sale Sep 2015 · $112,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercial space zoned MU-2, configured with approximately 800 square feet of adaptable interior area. The current layout includes three offices, a front reception area, an ADA-compliant restroom, and a ramp. Off-street parking is provided for four vehicles on the side of the building. The space has frontage on West Ridge, supporting signage opportunities, and the area is characterized by a reported daily traffic count of approximately 17,000 vehicles.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$120k
Assessed land$96k
Assessed improvement$24k
Effective rate2.59%

Value estimate

· Sep 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$14k
Vacancy & credit loss−$2k
Operating expenses−$4k
NOI · 70,760.78% cap applied$9k

Realmo valuation models over county records and 8 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 comparables8

Cap rate analysis

How does the asset earn?
70,760.78%
$9k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
AR
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant9.3
Law Firm9.3
Skin Care Clinic8.6

Location

3901 W Ridge Rd Erie, PA 16506
County assessor Recorded deeds · 3 transfers 8 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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