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    7865 Perry Hwy Erie, PA 16509-6642
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    Property profile & analytics

    7865 Perry Hwy, Erie, PA 16509-6642

    View on Map

    • Hotels
    • 19,196 SF
    • 2.50 lot acres
    Off-Market
    Property ID
    US73-2342018
    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.

    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    6.6%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Red Roof Inn Erie I-90 / Hotel & Motel

    Property Details for 7865 Perry Hwy

    Year built
    1981
    Construction
    FRAME
    Lot size
    2.50 lot acres
    Zone code
    B2
    Property type
    Hotels
    Property subtype
    Motels
    APN
    40-012-046.0-003.01
    APU
    40012046000301

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 18, 2026 $4,300,000 Erie Red Roof LLC 7865 Epa Hotels LLC Deed $3.8M · Port 51 Lending Ll
    May 6, 2019 $3,201,000 7865 Epa Hotels LLC Rri IV LLC Special Warranty Deed $3.4M · Savoy Bank
    Mar 15, 2011 $5,169,201 Rri IV LLC R Roof IV LLC Deed In Lieu Of Foreclosure · related $100M · Deutsche Bank Trust Co Americas
    Oct 3, 2007 $5,245,101 R Roof IV LLC Third Berkshire Properties LLC Limited Warranty Deed $310M · Citigroup Global Markets Realty Cor
    — — Rri IV LLC — Deed Of Trust · related $130M · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $620,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $680,000
      6.5%
      $630,000
      7%
      $585,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $451,000
      Market price range: $290k - $452k
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $810,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.038
    Latitude
    42.0718
    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
    $76,433
    $435,600
    $3,407,200
    $3,842,800
    -
    $435,600
    $3,407,200
    $3,842,800

    Property Visit Statistics

    • Visits by month
      2.1k
    • Visitors by month
      1.3k
    • Avg Time on site
      548 min
    More about this property
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