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Property profile & analytics
OFF-MARKET
Auto shops
8141 Wattsburg Rd, Erie, PA 16509-5841
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-5905631
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1973
Construction
WOOD FRAME
Total area
2,800 SF
Lot
7.95 ac (346,302 SF)
Zoning code
B1
APN
25-002-006.0-042.00
UPID
US73-5905631
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
Jason Bradley · 8 yrs held
Jason Bradley
since 2018
7 recorded transactions
Zoning & alternative use
B1 · 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
$4,636
Tax year 2023
Assessed value
$177,900
Assessed 2024
Previous assessed
$89,700
+98.3% YoY
Effective rate
2.61%
On assessed value
Assessed land
$77,900
Assessed improvement
$100,000
Land market value
$77,900
Improvement market value
$100,000
Total market value
$177,900
Applied tax rate
25.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1973
Construction
WOOD FRAME
Heating
NONE
Buildings
2
Stories
1
Total area
2,800 SF
Lot
7.95 ac (346,302 SF)
Zoning code
B1
APN
25-002-006.0-042.00
UPID
US73-5905631
Jurisdiction
ERIE
Zoning & alternative use
B1 · Erie, PA
Zoning B1 · permitted uses
B1 · 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
1973
Construction
WOOD FRAME
Heating
NONE
Stories
1
Buildings
2
Lot
7.95 ac
Current owner
From public records · entity-resolved
Jason Bradley
Individual
Mailing address
8141 WATTSBURG RD, ERIE, PA 16509-5841
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2019
—
Jason Bardley
—
Deed
related
$179,081 · First National Bank Of Pennsylvania
Apr 17, 2018
$160,000
Jason Bradley
Goodbans Body Shop
Deed
$128,000 · First National Bank Of Pennsylvania
Apr 19, 2010
$100,000
Goodbans Body Shop
Cadles Of Grassy Meadows II LLC
Grant Deed
$90,000 · Northwest Savings Bank
Mar 24, 2010
$12,892
Cadles Of Grassy Meadows II LLC
Sheriff Of Erie County
Trustees Deed
—
Feb 16, 2005
—
Mark L Moore
—
Trustees Deed
related
$150,000 · Key Bank & Trust
Jan 10, 2003
$200,000
Mark L Moore
Braine,gregory D & Wendy A
Grant Deed
—
—
—
Goodbans Body Shop
—
Deed Of Trust
related
$100,541 · First National Bank Pa
—
—
Jason Bradley
—
Deed Of Trust
related
$179,081 · First Nat'l Bk/pa
—
—
Gregory D Braine
—
Deed Of Trust
related
$85,738 · Northwest Savings Bank
—
—
Mark L Moore
—
Deed Of Trust
related
$170,000 · National City Bank Pennsylvani
—
—
Mark L Moore
—
Deed Of Trust
related
$500,000 · Key Bank & Trust
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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