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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Medical Office Space
4820 Buffalo Rd Erie, PA 16510-2302
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2171007
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1993
Construction
WOOD
Total area
4,818 SF
Lot
0.57 ac (24,873 SF)
Zoning code
I
APN
27-013-105.0-010.00
UPID
US73-2171007
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
-
Dr. Blaine M. Bell, DMD Dental Office
-
Harborcreek Dental Dental Office
-
Dunlavey Kevin D DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
$915k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$930k
Owner & transaction history
Tenet Equity Funding Spe I LLC · 4 yrs held
Tenet Equity Funding Spe I LLC
since 2022
Last sale
$937,500
2 recorded transactions
Zoning & alternative use
I · Erie, 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 Erie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Erie 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
Method
Estimation
Statistic approach
$1,040,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10% · vs last sale $938k (Jul 20 2022)
Last sale anchor
$938k
Jul 20 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$193 / SF
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
$9,366
Tax year 2023
Assessed value
$355,500
Assessed 2024
Previous assessed
$355,500
+0.0% YoY
Effective rate
2.63%
On assessed value
Assessed land
$109,400
Assessed improvement
$246,100
Land market value
$109,400
Improvement market value
$246,100
Total market value
$355,500
Applied tax rate
27.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1993
Construction
WOOD
Heating
NONE
Stories
2
Total area
4,818 SF
Lot
0.57 ac (24,873 SF)
Zoning code
I
APN
27-013-105.0-010.00
UPID
US73-2171007
Jurisdiction
ERIE
Zoning & alternative use
I · Erie, PAZoning I · permitted uses
I · Erie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Tenet Equity Funding Spe I LLC
Entity
Mailing address
7332 E BUTHERUS DR STE #100, SCOTTSDALE, AZ 85260-2426
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2022
$937,500
Tenet Equity Funding Spe I LLC
Djbas LLC
Foreclosure
related
$400,000 · Citibank NA
Mar 14, 2022
$300,000
Djbas LLC
Blaine M Bell
Warranty Deed
—
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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