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    Property profile & analytics

    8795 Peach St Erie, PA 16509-4736

    • Office buildings
    • 3,448 SF
    • 1.66 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US73-2604720
    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.

    Current Use by Public Records

    • Waters Lending | Austin Waters / Mortgage Broker
    • Opie Hughes - Your Local Mortgage Expert / Mortgage Broker / Service Establishment
    • Co/LAB Lending | Erie, Pennsylvania - Mortgage Broker / Mortgage Broker / Mortgage Lender

    Property Details for 8795 Peach St

    Year built
    1950
    Construction
    FRAME
    Lot size
    1.66 lot acres
    Property size
    3,448 SF
    Zone code
    B1
    Property type
    Office buildings
    APN
    40-015-084.0-075.00
    APU
    40015084007500

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $295,000
      7%
      $295,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $230,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $305,000
      Retail
      $295,000
      Mixed-Use
      $335,000
      Hospitality
      $335,000
      Educational
      $285,000
      Residential Income
      $245,000
      Energy
      $345,000
      Income-Based Land
      $315,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0617
    Latitude
    42.033
    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
    $3,602
    $58,000
    $123,100
    $181,100
    -
    $58,000
    $123,100
    $181,100

    Comparable in this City

    • Value Estimation
      $130,000
      4,184 SF

      7421 Perry Hwy

      OFFICE BUILDING (MULTI-STORY) • 4,184 SF
      7421 Perry Hwy, Erie, PA 16509-6646
      View Details
    • Value Estimation
      $400,000
      6,886 SF

      1815 Robison W Rd

      OFFICE BUILDING (MULTI-STORY) • 6,886 SF
      1815 Robison W Rd, Erie, PA 16509-4905
      View Details
    • Value Estimation
      $300,000
      2,562 SF

      4504 Peach St

      OFFICE BUILDING (MULTI-STORY) • 2,562 SF
      4504 Peach St, Erie, PA 16509-1368
      View Details
    • Value Estimation
      $360,000
      2,904 SF

      5219 Peach St

      OFFICE BUILDING (MULTI-STORY) • 2,904 SF
      5219 Peach St, Erie, PA 16509-2419
      View Details
    • Value Estimation by Request
      10,368 SF

      8333 Edinboro Rd

      OFFICE BUILDING (MULTI-STORY) • 10,368 SF
      8333 Edinboro Rd, Erie, PA 16509-4248
      View Details
    • Value Estimation by Request
      129,242 SF

      5404 Evans Rd

      OFFICE BUILDING (MULTI-STORY) • 129,242 SF
      5404 Evans Rd, Erie, PA 16509-3680
      View Details

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    Erie, PA 16509-4736
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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