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Property profile & analytics
OFF-MARKET
Medical Office Space

3910 Schaper Ave Erie, PA 16508-3346

6,904 SF 2.01 ac lot Built 1991
Individually Owned 6-yr Hold ~ Est. High Equity
Property ID
US73-2714904
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1991
Construction FRAME
Total area 6,904 SF
Lot 2.01 ac (87,686 SF)
Zoning code RLB
APN 19-061-066.0-127.00
UPID US73-2714904
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Erie Center On Health & Aging Geriatric Care Provider
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Millcreek Manor · 6 yrs held
Millcreek Manor
since 2020
Last sale
$475,000
2 recorded transactions
2020
$494,561
2017
$475,000
Zoning & alternative use
RLB · Erie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

RLB Residential Limited Commercial District is primarily for residential uses, home occupations, and limited commercial uses, generally located in the developed areas along major thoroughfares or adjacent to commercial or manufacturing districts. 202.3. Commercial districts. Districts designated for commercial use are more restrictive in outlying residential…

Zone name Residential Limited Business
General category INDUSTRIAL
Zone area 792.40 ac
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