4430 Buffalo Rd Erie, PA 16510-2203
Property Lookup
Property profile & analytics
4430 Buffalo Rd Erie, PA 16510-2203
- Banks
- 2,100 SF
- 0.77 lot acres
Property ID
US73-0754719
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.
Location Intelligence
Current Use by Public Records
- Citizens / Bank / Loan Service
Property Details for 4430 Buffalo Rd
- Year built
- 1982
- Construction
- FRAME
- Lot size
- 0.77 lot acres
- Property size
- 2,100 SF
- Zone code
- I
- Property type
- Banks
- APN
- 27-013-105.0-002.02
- APU
- 27013105000202
Description
This exceptional investment opportunity presents a 2,100 square foot, single-tenant retail property currently occupied by Citizens Bank, a financially stable institution with an A- S&P rating. Located at 4430 Buffalo Rd, Erie, PA 16510, this property boasts a strong 6.25% cap rate and a substantial net operating income (NOI) of $137,000. The absolute NNN lease, with a corporate guarantee, ensures minimal landlord responsibilities and provides passive ownership. The lease, signed in 2024, has a remaining term of 9.3 years, with two 5-year renewal options and 10% rent bumps every five years. The property, built in 1982 and extensively renovated in 2024, sits on a 0.77-acre lot in a thriving submarket anchored by Giant Eagle and other national retailers including Panera, Chipotle, Starbucks, Taco Bell, McDonald's, Planet Fitness, and PNC Bank. The recent relocation of Citizens Bank from a nearby location highlights their commitment to the area and the property's prime location. The building features a new 15-year roof warranty. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term potential. The asking price is $2,192,000.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Erie
- County
- Erie
- State
- Pennsylvania
- Longitude
- -80.0025
- Latitude
- 42.147
- 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
$8,597
$135,000
$191,300
$326,300
-
$135,000
$191,300
$326,300
