Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4042 Rdg Rd Erie, PA 16506-1720

    • Apartment buildings
    • 936 SF
    • 0.81 lot acres
    OFF-MARKET
    Value Estimation
    $95,000
    Last Sale
    Sep 08, 2023
    $125,000
    Location Intelligence
    Property ID
    US73-2096367
    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

    • Edinboro university / College

    Property Details for 4042 Rdg Rd

    Year built
    1955
    Construction
    FRAME
    Lot size
    0.81 lot acres
    Property size
    936 SF
    Zone code
    BB
    Property type
    Apartment buildings
    APN
    33-044-229.0-039.00
    APU
    33044229003900

    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
    -80.1661
    Latitude
    42.0794
    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
    $4,644
    $140,300
    $89,540
    $229,840
    -
    $140,300
    $89,540
    $229,840

    Comparable in this City

    • Value Estimation
      $190,000
      5,120 SF

      4010 Canterbury Dr, Unit 18

      GARDEN APT, COURT APT (5+ UNITS) • 5,120 SF
      4010 Canterbury Dr, Erie, PA 16506-5329
      View Details
    • Value Estimation
      $245,000
      3,672 SF

      4015 Canterbury Dr, Unit 25

      GARDEN APT, COURT APT (5+ UNITS) • 3,672 SF
      4015 Canterbury Dr, Erie, PA 16506-5332
      View Details
    • Value Estimation
      $4,865,000
      5,120 SF

      3830 Canterbury Dr, Unit 38

      GARDEN APT, COURT APT (5+ UNITS) • 5,120 SF
      3830 Canterbury Dr, Erie, PA 16506-5322
      View Details
    • Value Estimation
      $345,000
      4,096 SF

      3120 26th W 41st St

      GARDEN APT, COURT APT (5+ UNITS) • 4,096 SF
      3120 26th W 41st St, Erie, PA 16506
      View Details
    • Value Estimation
      $4,455,000
      17,940 SF

      2660 38th St

      GARDEN APT, COURT APT (5+ UNITS) • 17,940 SF
      2660 38th St, Erie, PA 16506-4527
      View Details
    • Value Estimation
      $255,000
      5,594 SF

      4181 Rdg Rd

      GARDEN APT, COURT APT (5+ UNITS) • 5,594 SF
      4181 Rdg Rd, Erie, PA 16506-1726
      View Details

    Similar Nearby for Sale

    • $400,000
      4,874 SF

      Restaurant and Apartment in Erie

      Restaurant with apartment, fully equipped, remodeled, near Kahkwa Club.
      6116 Swanville Rd, Erie, PA 16506
      View Details
    • $400,000
      4,874 SF

      Restaurant and Apartment in Erie

      Restaurant with apartment and game room near Kahkwa Club.
      6116 Swanville Rd, Erie, PA 16506
      View Details
    • $1,579,500
      35.10 Acres

      Erie, PA Multifamily Development Land

      35.1 acre parcel zoned for multifamily development in Erie, PA.
      3111 Zimmerly Rd, Erie, PA 16506
      View Details
    • $360,000
      3,664 SF

      Erie Office Building - Prime Location

      Mixed-use office building, 3,664 sq ft
      3703 Ridge Rd, Erie, PA 16506
      View Details
    • Contact for pricing

      Industrial Land Parcel For Sale

      1.63 acre industrial land near major retailers.
      2305 Asbury Rd, Erie, PA 16506
      View Details
    • $106,900
      0.96 Acres

      Erie, PA Building Site

      Building site in Millcreek neighborhood with utilities at street line.
      Hialeah Ct, Erie, PA 16506
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Erie, PA Commercial Land Parcel

      Prime Development Land in Niagara Village
      0 Village Common Dr, Erie, PA 16506
      View Details
    • $18 SF/Yr
      1,380 SF

      Equipped Oil Change Facility Available

      Fully equipped oil change facility in high-traffic Millcreek corridor.
      3806 W Ridge Rd, Erie, PA 16506
      View Details
    • $485 /Mo
      657 SF

      Single Room Office Suite

      337 SF office suite available for lease.
      2820 W 23Rd St, Erie, PA 16506
      View Details
    • Contact for pricing
      1,422 SF

      Freestanding Office Building For Rent

      1,422 SF office space in a freestanding brick building.
      2503 W 26Th St, Erie, PA 16506
      View Details
    • $17 SF/Yr
      1,457 SF

      Furnished Office Suite in Erie

      Furnished office suite with conference room, kitchenette, and free parking.
      4701 Old Zuck Rd, Erie, PA 16506
      View Details
    • Contact for pricing

      Niagara Village Commercial Land

      Prime 1.36-acre development site
      0 Village Common Dr, Erie, PA 16506
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4042 Rdg Rd
    Erie, PA 16506-1720
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.