Financial
Distress signals
Property profile

5650 Wattsburg Rd Erie, PA 16509

FOR LEASE
Truck terminals
Property ID
US73-0798745
160,208 SF 17.29 ac lot Built 1990
Last sale Jan 2025 · $5,087,072
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Mortgages

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?
$76k
Tax billed · 2023
Assessed value · 2024$2.96M
Assessed land$467k
Assessed improvement$2.49M
Effective rate2.59%

Value estimate

· Sep 2026
$1.11M
$999k – $1.22M
AI approach$1.11M
NOI build-up
Gross scheduled income$76k
Vacancy & credit loss−$5k
Operating expenses−$21k
NOI · 618,475.00% cap applied$49k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
618,475.00%
$49k 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?
IP
IP Industrial Park Districts are created as an area to be developed exclusively for manufacturing activity but with more restrictions tha...
General categoryINDUSTRIAL
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant20.7
Building Supply18.2
Law Firm16.5

Location

5650 Wattsburg Rd Erie, PA 16509
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file 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

18 properties in this city
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years, so the properties below are drawn from the whole city. They are neighbours, not transactions.
Comparable in this city
6 properties of the same type in this city
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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