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Property profile & analytics

5415 Lk Rd Erie, PA 16505-2841

  • Office buildings
  • 3,010 SF
  • 0.99 lot acres
OFF-MARKET
Last Sale
Mar 06, 2025
$72,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-3762043
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

  • Alisa Miller / Physical Therapist
  • Curtis Cardman / Physical Therapist
  • UPMC Centers for Rehab Services / Physical Therapist

Property Details for 5415 Lk Rd

Year built
1983
Construction
FRAME
Lot size
0.99 lot acres
Property size
3,010 SF
Zone code
BB
Property type
Office buildings
APN
33-023-133.0-001.01
APU
33023133000101

Description

This exceptional single-tenant medical office building, situated on a 0.31-acre lot at 5415 West Lake Road, presents a unique investment opportunity. Constructed in 1983, the 3,000 square foot building is ideally located between Garloch Drive and Clifford Drive, offering convenient access and high visibility. The property's zoning is MU-1, allowing for a variety of potential uses. The building's modern design and professional aesthetic make it an attractive option for a range of medical practices or similar businesses. The single-suite configuration provides efficiency and ease of management. The property's recent use as a physical therapy clinic demonstrates its suitability for healthcare-related businesses. This well-maintained building offers a solid foundation for a thriving practice or investment portfolio. The 0.31 acres of land provide ample space for parking and potential future expansion. This is a rare opportunity to acquire a well-located, functional medical office building in a desirable area. The property's strong location and versatile zoning make it an attractive investment for both owner-occupiers and investors seeking a stable, income-generating asset. Serious inquiries are encouraged.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Erie
County
Erie
State
Pennsylvania
Longitude
-80.2034
Latitude
42.0761
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
$7,490
$129,400
$160,200
$289,600
-
$129,400
$160,200
$289,600
More about this property
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