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Property profile & analytics
OFF-MARKET
Estimated value
$4,995,000
Mobile home & RV parks
5149 Henderson Rd Erie, PA 16509-4046
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-5846562
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1872
Construction
WOOD
Total area
5,623 SF
Lot
26.69 ac (1,162,616 SF)
Zoning code
CR
APN
33-113-640.0-002.00
UPID
US73-5846562
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
-
Lexington Heights Campground & RV Park
-
Crystal Court Campground & RV Park
-
Entertainment Resolution LLC Big Box & Wholesale Store
-
Lil' Bungalow Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$5.00M
Owner & transaction history
Lexington Heights LLC · 3 yrs held
Lexington Heights LLC
since 2023
Last sale
$5.0M
1 recorded transaction
Zoning & alternative use
CR · 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
$4,920,000
ML approach
$5,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.00M
Range $4.50M – $5.49M · ±10% · vs last sale $5.00M (Jul 3 2023)
Last sale anchor
$5.00M
Jul 3 2023
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
$888 / 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
$45,888
Tax year 2023
Assessed value
$2,754,315
Assessed 2024
Previous assessed
$1,774,180
+55.2% YoY
Effective rate
1.67%
On assessed value
Assessed land
$468,100
Assessed improvement
$2,286,215
Land market value
$468,100
Improvement market value
$2,286,215
Total market value
$2,754,315
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1872
Construction
WOOD
Stories
3
Total area
5,623 SF
Lot
26.69 ac (1,162,616 SF)
Zoning code
CR
APN
33-113-640.0-002.00
UPID
US73-5846562
Jurisdiction
ERIE
Zoning & alternative use
CR · Erie, PA
Zoning CR · permitted uses
CR · Erie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Erie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1872
Construction
WOOD
Stories
3
Lot
26.69 ac
Current owner
From public records · entity-resolved
Lexington Heights LLC
Entity
Mailing address
135 W CENTRAL BLVD STE #730, ORLANDO, FL 32801-2476
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
$5,000,000
Lexington Heights LLC
Crystal Court Limited Partnership
Warranty Deed
$2,877,000 · Walker & Dunlop LLC
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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