Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8040 Perry Hwy Erie, PA 16509-6621
    Back to Search
    Property profile & analytics

    8040 Perry Hwy, Erie, PA 16509-6621

    View on Map

    • Hotels
    • 66,112 SF
    • 14.58 lot acres
    Off-Market
    Property ID
    US73-5899626
    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
    $1,190,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for 8040 Perry Hwy

    Year built
    1963
    Construction
    FRAME
    Lot size
    14.58 lot acres
    Zone code
    R2
    Property type
    Hotels
    Property subtype
    Motels
    APN
    40-012-066.0-007.01
    APU
    40012066000701

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 4, 2020 — Shreeji Deveepvish INC — Deed · related $3.1M · Bank Of George
    Sep 16, 2019 $3,500 Shreeji Devdeepvish INC Ark Hospitality LLC Grant Deed · related $3M · Interactive Peer Invtrs Erie L
    Aug 8, 2016 $3,484,500 Ark Hospitality LLC Travaglini Ents INC Grant Deed $3.2M · Interactive Peer Invtrs Erie L
    Jan 30, 2007 $5,605,000 Travaglini Ents INC Aanand Hotels Of America INC Grant Deed $6M · Cortland Savings Bank
    Apr 4, 2003 $4,300,000 Aanand Hotels Of America INC Diva Hospitality INC Grant Deed $2.7M · Unity Bank
    — — Aanand Hotels Of America INC — Deed Of Trust · related $2.7M · Regional Development Funding
    — — Shreeji Deveepvish INC — Deed Of Trust · related $3.1M · Bank Of George

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $1,240,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,142,000
      Market price range: $998k - $1.56M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $1,240,000
      Current use

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


    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0423
    Latitude
    42.0675
    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
    $79,560
    $932,000
    $3,068,000
    $4,000,000
    -
    $932,000
    $3,068,000
    $4,000,000

    Property Visit Statistics

    • Visits by month
      3.3k
    • Visitors by month
      2.2k
    • Avg Time on site
      356 min
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message