Financial
Distress signals
Property profile

9 E State St Albion, PA 16401

FOR SALE
Retail space
Property ID
US73-1975445
4,080 SF 0.06 ac lot Built 1920
Last sale Jan 2020 · $105,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This two-story commercial building is located in downtown Albion, Pennsylvania. The property contains tin ceilings, a large showroom area, and one half bathroom, along with a full basement. The building has a rubber roof. It sits on a corner lot of 0.1897 acres and includes an additional lot that supports on-site parking. The building comprises approximately 4,080 square feet of interior space.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$76k
Assessed land$5k
Assessed improvement$71k
Effective rate2.38%

Value estimate

· Sep 2026
$105k
$95k – $116k
AI approach$75k
NOI build-up
Gross scheduled income$73k
Vacancy & credit loss−$8k
Operating expenses−$20k
NOI · 41.87% cap applied$46k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
County average, outlier-cleaned · 180 recorded sales of this use type
Observed band · Q1–Q3$34 – $110
Qualifying comparables5

Cap rate analysis

How does the asset earn?
41.87%
$46k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R2
JurisdictionERIE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office10.4
HVAC Service9.7
Electrical Service9.4

Location

9 E State St Albion, PA 16401
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Main, Albion, PA 16401 $249,900 Jan 2025 6,696 SF
2 Main, Albion, PA 16401-1123 $25,000 Mar 2023 2,796 SF
30 State, Albion, PA 16401-1111 $95,000 Apr 2022 7,728 SF
18 State, Albion, PA 16401-1111 $58,179 Mar 2022 6,000 SF
10521 Rte 6n, Albion, PA 16401 $110,000 Mar 2020 10,768 SF
10465 Rte 6n, Albion, PA 16401-9401 $95,000 Dec 2019 3,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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