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Property profile & analytics
OFF-MARKET
Retail space
813 18th St Erie, PA 16503-2147
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-5984434
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1913
Construction
FRAME
Total area
2,660 SF
Lot
4.03 ac (175,460 SF)
Zoning code
M1
APN
18-050-032.0-200.00
UPID
US73-5984434
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
-
Pol's Trucking Trucking Company
-
Prism Recycling Waste Management Facility Hazardous Waste Disposal
-
Pro Waste Services Inc. Waste Management Facility Hazardous Waste Disposal
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
Pols Real Estate · 9 yrs held
Pols Real Estate
since 2017
7 recorded transactions
Zoning & alternative use
M1 · 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
$11,299
Tax year 2023
Assessed value
$297,000
Assessed 2024
Previous assessed
$297,000
+0.0% YoY
Effective rate
3.80%
On assessed value
Assessed land
$141,000
Assessed improvement
$156,000
Land market value
$141,000
Improvement market value
$156,000
Total market value
$297,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1913
Construction
FRAME
Heating
NONE
Buildings
2
Stories
2
Total area
2,660 SF
Lot
4.03 ac (175,460 SF)
Zoning code
M1
APN
18-050-032.0-200.00
UPID
US73-5984434
Jurisdiction
ERIE
Zoning & alternative use
M1 · Erie, PA
Zoning M1 · permitted uses
M1 · 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
1913
Construction
FRAME
Heating
NONE
Stories
2
Buildings
2
Lot
4.03 ac
Current owner
From public records · entity-resolved
Pols Real Estate
Individual
Mailing address
813 E 18TH ST, ERIE, PA 16503-2147
Mailing matches property
Yes
Owner-occupied
Yes
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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 14, 2023
—
Pols Real Estate LLC
—
Deed
related
$500,000 · First National Bank Of Pennsylvania
Oct 5, 2020
—
Pols Realty
—
Deed
related
$1,425,000 · First Nat'l Bk/pa
Jan 2, 2019
—
Pols Realty
—
Deed
related
$400,000 · First National Bank Of Pennsylvania
Aug 23, 2017
—
Pol S Pols Realty
—
Deed
related
$800,000 · First National Bank Of Pennsylvania
May 2, 2017
—
Pols Real Estate
—
Deed Of Trust
related
$1,500,000 · First Nat'l Bk/pa
Mar 29, 2017
—
Pols Real Estate
Pols Real Estate
Quit Claim Deed
related
—
Feb 10, 2017
—
Pols Real Estate
Pols Real Estate
Quit Claim Deed
related
—
Feb 9, 2017
$113,085
Pols Real Estate
Alois Pol
Grant Deed
related
—
Feb 2, 2017
—
Pols Real Estate
Pols Real Estate
Quit Claim Deed
related
—
Sep 28, 2016
—
Alois Pol
—
Deed
related
$174,232 · First Nat'l Bk/pa
Aug 15, 2016
—
Alois Pol
—
Deed
related
$125,000 · First National Bank Of Pennsylvania
Apr 14, 2016
—
Pols Real Estate
Strobel,richard C
Grant Deed
related
—
Mar 31, 2016
$14,944
Pols Real Estate
Tax Claim Bureau Of Erie County|strobel,richard C
Tax Deed
—
Sep 14, 2007
$100,000
Richard C Strobel
Strobel,norma J
Warranty Deed
related
$115,000 · Norma Strobel
Aug 21, 2006
—
Richard Strobel
Strobel,john N & Richard C
Quit Claim Deed
related
—
—
—
Alois Pol
—
Deed Of Trust
related
$174,232 · First Nat'l Bk/pa
—
—
Pols Realty
—
Deed Of Trust
related
$1,425,000 · First Nat'l Bk/pa
—
—
Pols Realty
—
Deed Of Trust
related
$800,000 · First Nat'l Bk/pa
—
—
Pols Realty
—
Deed Of Trust
related
$400,000 · First Nat'l Bk/pa
—
—
Alois Pol
—
Deed Of Trust
related
$125,000 · First Nat'l Bk/pa
—
—
Jeffrey J Balogh
—
Deed Of Trust
related
$49,047 · Pnc 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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