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Property profile & analytics
OFF-MARKET
Manufacturing properties
45 Loomis St North East, PA 16428
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-3660177
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1920
Construction
FRAME
Total area
380,939 SF
Lot
24.75 ac (1,078,110 SF)
Zoning code
M1
APN
36-004-035.0-006.00
UPID
US73-3660177
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
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
Store Master Funding Viii LLC · 2 yrs held
Store Master Funding Viii LLC
since 2024
Last sale
$22.0M
6 recorded transactions
Zoning & alternative use
M1 · North East, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North East submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North East submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$92,970
Tax year 2023
Assessed value
$3,537,800
Assessed 2024
Previous assessed
$3,537,800
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$259,100
Assessed improvement
$3,278,700
Land market value
$259,100
Improvement market value
$3,278,700
Total market value
$3,537,800
Applied tax rate
36.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1920
Construction
FRAME
Heating
NONE
Stories
22
Total area
380,939 SF
Lot
24.75 ac (1,078,110 SF)
Zoning code
M1
APN
36-004-035.0-006.00
UPID
US73-3660177
Jurisdiction
ERIE
Zoning & alternative use
M1 · North East, PA
Zoning M1 · permitted uses
M1 · North East, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North East. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
FRAME
Heating
NONE
Stories
22
Lot
24.75 ac
Current owner
From public records · entity-resolved
Store Master Funding Viii LLC
Entity
Mailing address
50 S WASHINGTON ST STE #100, NORTH EAST, PA 16428-1539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
$22,000,000
Store Master Funding Viii LLC
The Elctric Materials Company
Special Warranty Deed
$220,000 · Citibank NA
Mar 17, 2021
—
The Electric Materials Company
—
Deed
related
—
Sep 13, 2006
—
John E Dudzinski
Dudzinski,john E & Cynthia A
Quit Claim Deed
related
—
Sep 13, 2006
$13,500
John E Dudzinski
Electric Materials
Grant Deed
—
Feb 10, 2005
—
Electric Materials Co
—
Deed Of Trust
related
$60,000,000 · Lasalle National Bank
—
—
Electric Materials Co
—
Deed Of Trust
related
$8,000,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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