2102 RiceLake City, PA 16423

  • Banks
  • 3,096 SF
Off market
$5,800,830 Estimated

Property Details for 2102 Rice

Year built
1993
Construction
FRAME
Lot size
0.58 AC
Property size (Sq ft)
3,096 SF
Zone code
C1
Property type
Banks
APN
28-013-024.0-001.00
APU
28013024000100

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $687,968
    6.5%
    $635,048
    7%
    $589,687
  • Comparable approach

    Method
    Valuation
    Relative Method
    $301,184
    Geo Method
    $301,184
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $1,294,750
    Mixed-Use / Specialty
    $610,015
    Hospitality / Lodging
    $417,905
    Office
    $582,676
    Institutional / Educational
    $626,033
    Residential Income
    $732,458
    Multifamily
    $1,004,690
    Automotive / Energy
    $536,599
    Parking / Income-Based Land
    $207,669
    Restaurant / Food Service
    $268,682
    Healthcare / Senior Housing
    $648,908

Location Insight

City
Lake City
County
Erie
State
Pennsylvania
Latitude
42.0138
Longitude
-80.345
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
$7,325
$30,300
$219,700
$250,000
-
$30,300
$219,700
$250,000

FAQs

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