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    Property profile & analytics

    912 Parade St Erie, PA 16503-1118

    • Retail space
    • 3,000 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $190,000
    Last Sale
    May 16, 2024
    $209,587
    Location Intelligence
    Property ID
    US73-2787602
    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

    • Retail space

    Property Details for 912 Parade St

    Year built
    1878
    Construction
    WOOD
    Lot size
    0.04 lot acres
    Property size
    3,000 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    15-020-016.0-106.00
    APU
    15020016010600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0748
    Latitude
    42.1292
    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
    $2,029
    $5,000
    $48,325
    $53,325
    -
    $5,000
    $48,325
    $53,325

    Comparable in this City

    • Value Estimation by Request
      720 SF

      1716 Parade St

      RETAIL STORES (PERSONAL SERVICES) • 720 SF
      1716 Parade St, Erie, PA 16503-1957
      View Details
    • Value Estimation
      $310,000
      5,280 SF

      834 Parade St

      RETAIL STORES (PERSONAL SERVICES) • 5,280 SF
      834 Parade St, Erie, PA 16503-1116
      View Details
    • Value Estimation by Request
      2,960 SF

      906 Parade St

      RETAIL STORES (PERSONAL SERVICES) • 2,960 SF
      906 Parade St, Erie, PA 16503-1118
      View Details
    • Value Estimation
      $205,000
      2,400 SF

      2507 State St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      2507 State St, Erie, PA 16503-1854
      View Details
    • Value Estimation
      $300,000
      4,720 SF

      816 Parade St

      RETAIL STORES (PERSONAL SERVICES) • 4,720 SF
      816 Parade St, Erie, PA 16503
      View Details
    • Value Estimation
      $205,000
      2,600 SF

      2415 Parade St

      RETAIL STORES (PERSONAL SERVICES) • 2,600 SF
      2415 Parade St, Erie, PA 16503-2031
      View Details

    Similar Nearby for Sale

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      Established KFC Restaurant For Sale

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      Land For Sale

      Land available for sale.
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    • $199,500
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      Erie Multifamily Investment Opportunity

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    Similar Nearby for Lease

    • Contact for pricing
      7,000 SF

      Retail Space Available For Rent

      7,000 square feet of retail space for rent.
      2202-2264 Broad St, Erie, PA 16503
      View Details
    • $6 SF/Yr
      3,600 SF

      German St Warehouse - Erie County

      Prime Erie County industrial warehouse, 3,600 sq ft.
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      View Details
    • $7 SF/Yr
      3,600 SF

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      3,600 SF Erie warehouse featuring new upgrades and amenities.
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    912 Parade St
    Erie, PA 16503-1118
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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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