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Financial
Distress signals
Property profile

5083 Buffalo Rd Erie, PA 16510

FOR SALE
Other investment properties
Property ID
US73-1897410
3,642 SF 0.28 ac lot Built 1946
Last sale Apr 2007 · $145,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office building has been extensively updated, including a newer roof, replacement windows, updated wiring, a furnace with central air conditioning, and a newer water tank. The interior layout includes a main-level reception area with multiple professional office spaces, hardwood flooring, a gas fireplace, and a full kitchen area. A second level provides three additional rooms that can be used for offices, storage, or meeting space. The building includes a fully ADA-compliant restroom with…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$142k
Assessed land$36k
Assessed improvement$106k
Effective rate2.63%

Value estimate

· Oct 2026
$255k
$230k – $281k
AI approach$255k
NOI build-up
Gross scheduled income$82k
Vacancy & credit loss−$19k
Operating expenses−$16k
NOI · 16.74% cap applied$48k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$44/SF
Submarket average, outlier-cleaned · 169 recorded sales of this use type
Observed band · Q1–Q3$28 – $65
Qualifying comparables7

Cap rate analysis

How does the asset earn?
16.74%
$48k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.2
HVAC Service10.2
Realty agency9.5

Location

5083 Buffalo Rd Erie, PA 16510
County assessor Recorded deeds · 5 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2648 Buffalo, Erie, PA 16510-1422 $130,000 Apr 2023 2,944 SF
4615 Buffalo, Erie, PA 16510-2206 $185,000 Mar 2023 3,156 SF
5059 Buffalo, Erie, PA 16510-2316 $125,000 Jun 2022 4,938 SF
3523 Buffalo, Erie, PA 16510-1859 $115,000 Oct 2021 6,035 SF
2703 Buffalo, Erie, PA 16510-1701 $154,000 May 2021 3,092 SF
3303 Buffalo, Erie, PA 16510-1811 $200,000 Sep 2020 3,060 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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