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    Property profile & analytics

    4901 Lk Rd Erie, PA 16511-1416

    • Retail space
    • 3,952 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimation
    $300,000
    Last Sale
    Nov 04, 2020
    Location Intelligence
    Property ID
    US73-0915339
    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

    • Iron Workers Local / Labor Union

    Property Details for 4901 Lk Rd

    Year built
    1978
    Construction
    FRAME
    Lot size
    0.54 lot acres
    Property size
    3,952 SF
    Zone code
    B1
    Property type
    Retail space
    APN
    27-004-070.0-001.00
    APU
    27004070000100

    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
    -80.0025
    Latitude
    42.1676
    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
    $3,304
    $59,300
    $66,100
    $125,400
    -
    $59,300
    $66,100
    $125,400

    Comparable in this City

    • Value Estimation
      $205,000
      2,184 SF

      12 12th Ww

      RETAIL STORES (PERSONAL SERVICES) • 2,184 SF
      12 12th Ww, Erie, PA 16511
      View Details
    • Value Estimation
      $225,000
      680 SF

      4219 Iroquois Ave

      RETAIL STORES (PERSONAL SERVICES) • 680 SF
      4219 Iroquois Ave, Erie, PA 16511-2132
      View Details
    • Value Estimation
      $200,000
      1,800 SF

      4814 Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,800 SF
      4814 Lk Rd, Erie, PA 16511-1415
      View Details
    • Value Estimation
      $355,000
      8,124 SF

      4895 Lk Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,124 SF
      4895 Lk Rd, Erie, PA 16511-1477
      View Details
    • Value Estimation by Request
      3,884 SF

      4009 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,884 SF
      4009 Main St, Erie, PA 16511-1965
      View Details
    • Value Estimation
      $205,000
      2,847 SF

      4108 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,847 SF
      4108 Main St, Erie, PA 16511-1968
      View Details

    Similar Nearby for Sale

    • $1,500,000
      4,130 SF

      Lawrence Park Gas Station/Store

      Unbranded gas station and convenience store in Lawrence Park, PA.
      4302 Main St, Erie, PA 16511
      View Details
    • $1,500,000
      4,130 SF

      Lawrence Park Commercial Opportunity

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    • $545,000
      5,928 SF

      Erie Commercial Property with Apartments

      Turn-key business with apartments and liquor license in high-traffic area.
      3922-24 Main St, Erie, PA 16511
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    • $330,000
      3,061 SF

      Turn-Key Restaurant Opportunity in Erie

      Established restaurant with apartment near Presque Isle State Park.
      3725 W Lake Rd, Erie, PA 16511
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    • $77,900
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      Erie, PA Land For Sale

      Land available in Harborcreek's newest single-family home subdivision.
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    • $895,000
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      Versatile Commercial Property in Erie, PA

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    Erie, PA 16511-1416
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    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
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