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Property profile & analytics
OFF-MARKET
Specialty properties
649 37th St Erie, PA 16504-1725
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-5835140
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1954
Construction
FRAME
Total area
1,380 SF
Lot
0.16 ac (6,839 SF)
Zoning code
R1
APN
18-053-075.0-101.00
UPID
US73-5835140
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
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
Dr Gertrude A Barber Center In · 8 yrs held
Dr Gertrude A Barber Center In
since 2017
7 recorded transactions
Zoning & alternative use
R1 · 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
Assessed value
$93,600
Assessed 2024
Previous assessed
$93,600
+0.0% YoY
Assessed land
$18,000
Assessed improvement
$75,600
Land market value
$18,000
Improvement market value
$75,600
Total market value
$93,600
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
5
Bathrooms
1
Total area
1,380 SF
Lot
0.16 ac (6,839 SF)
Zoning code
R1
APN
18-053-075.0-101.00
UPID
US73-5835140
Jurisdiction
ERIE
Zoning & alternative use
R1 · Erie, PA
Zoning R1 · permitted uses
R1 · 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
1954
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
5
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Dr Gertrude A Barber Center In
Individual
Mailing address
136 EE AVE, ERIE, PA 16507
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2017
$117,000
Dr Gertrude A Barber Center In
Ferrare,emily K & Joseph C
Grant Deed
—
Mar 31, 2017
—
Joseph C Ferrare
—
Deed
related
$97,600 · Marquette Savings Bank
Mar 6, 2006
—
Emily K Ferrare
Schmidt,emily K
Warranty Deed
related
—
Sep 13, 2004
$78,500
Emily K Schmidt
Walczak,james C & Mary R
Grant Deed
$80,855 · Bank Of America
Sep 13, 2004
—
James C Walczak
Fleek Trust
Grant Deed
related
—
—
—
Joseph C Ferrare
—
Deed Of Trust
related
$26,000 · Marquette Svgs Bk
—
—
Joseph C Ferrare
—
Deed Of Trust
related
$78,000 · Northwest Savings Bank
—
—
Joseph C Ferrare
—
Deed Of Trust
related
$50,500 · 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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