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Property profile & analytics
OFF-MARKET
Bars & Pubs
602 24th St Erie, PA 16503-2112
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0095212
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1897
Construction
WOOD
Total area
5,076 SF
Lot
0.24 ac (10,624 SF)
Zoning code
R2
APN
18-050-026.0-112.00
UPID
US73-0095212
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
-
Teamster Horsemen Motorcycle Association40NW Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Society Of Holy Trinity Group · 1 yrs held
Society Of Holy Trinity Group
since 2024
Last sale
$85,000
7 recorded transactions
Zoning & alternative use
R2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,721
Tax year 2023
Assessed value
$124,100
Assessed 2024
Previous assessed
$124,100
+0.0% YoY
Effective rate
3.80%
On assessed value
Assessed land
$31,900
Assessed improvement
$92,200
Land market value
$31,900
Improvement market value
$92,200
Total market value
$124,100
Applied tax rate
18.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1897
Construction
WOOD
Heating
NONE
Stories
5
Total area
5,076 SF
Lot
0.24 ac (10,624 SF)
Zoning code
R2
APN
18-050-026.0-112.00
UPID
US73-0095212
Jurisdiction
ERIE
Zoning & alternative use
R2 · Erie, PA
Zoning R2 · permitted uses
R2 · 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
1897
Construction
WOOD
Heating
NONE
Stories
5
Lot
0.24 ac
Current owner
From public records · entity-resolved
Society Of Holy Trinity Group
Entity
Mailing address
602 E 24TH ST, ERIE, PA 16503-2112
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2024
$85,000
Society Of Holy Trinity Group
Greesley Rentals LLC
Special Warranty Deed
—
Jan 10, 2022
$60,000
Gressley Rentals LLC
Lower Eastside Iron Eagles INC
Warranty Deed
—
Jan 4, 2021
$86,000
Lower Eastside Iron Eagles
Jch Erie INC LLC
Warranty Deed
—
Nov 4, 2020
$86,000
Lower Eastside Iron Eagles INC
Jhc Erie INC LLC
Warranty Deed
—
Oct 7, 2019
—
Donald J Plonski
Leader Of Men Rc
Quit Claim Deed
related
—
Oct 7, 2019
$63,500
Jch Erie LLC
Donald J Plonski
Warranty Deed
$48,500 · David J & Mary E Plonski
Dec 10, 2015
$94,400
Leader Of Men Rc
Plonski,donald & Mary E
Quit Claim Deed
related
$94,400 · Donald J & Mary E Plonski
Feb 15, 2005
$85,000
Donald Plonski
Melvin,lucille M
Warranty Deed
—
Feb 15, 2005
—
Donald Plonski
Plonski,donald & Mary E
Quit Claim Deed
related
$72,500 · Northwest Savings Bank
—
—
Donald Plonski
—
Deed Of Trust
related
$116,000 · Northwest Savings Bank
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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