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Property profile & analytics
FOR SALE
Land

8388 Peach St Erie, PA 16509

7.47 ac lot
Property ID
US73-2673762
Property summary
AI-generated overview

This exceptional 7.47-acre commercial land parcel presents a unique investment opportunity in Erie, Pennsylvania. Located at 8388 Peach Street, this property boasts an excellent location on upper Peach Street, directly adjacent to Bianchi Honda. The site includes a former residential structure currently used primarily as office space, offering immediate potential for various commercial uses. A substantial outbuilding, measuring 1,929 square feet, provides additional space and versatility. The property extends westerly to Waterview Lane, providing convenient access to this thoroughfare. The existing Commercial-Local zoning allows for a wide range of development possibilities, making this an ideal site for businesses seeking high visibility and convenient access. The property's APN is 40-016-072.0-031.00 & -032.00, and the asking price is $429,000. This is a rare opportunity to acquire a significant commercial land parcel in a thriving Erie location. The usable area extends to Waterview Lane, offering multiple access points and enhancing its development potential. This property is being offered for sale by owner.

Property profile
Verified
Property type Land
Lot 7.47 ac (325,393 SF)
UPID US73-2673762
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
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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