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Financial
Distress signals
Property profile

5415 Lk Rd Erie, PA 16505

OFF-MARKET
Office buildings
Property ID
US73-3762043
3,010 SF 0.99 ac lot Built 1983
Last sale Jun 2025 · $72,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

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?
$7k
Tax billed · 2023
Assessed value · 2024$290k
Assessed land$129k
Assessed improvement$160k
Effective rate2.59%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$82/SF
Submarket average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$39 – $145
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BB
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm14.8
Realty agency11.4
Restaurant11.1

Location

5415 Lk Rd Erie, PA 16505-2841
County assessor Recorded deeds · 6 transfers 3 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
3854 20th, Erie, PA 16505-3340 $78,000 Sep 2024 1,825 SF
3711 12th, Erie, PA 16505-3510 $335,000 Aug 2022 14,260 SF
4656 12th, Erie, PA 16505-3008 $900,000 Oct 2019 7,427 SF
3250 Lk, Erie, PA 16505-3691 $725,000 May 2019 8,972 SF
2741 8th, Erie, PA 16505-4035 $750,000 Dec 2018 5,340 SF
4021 12th, Erie, PA 16505-3357 $395,000 Dec 2018 8,188 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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