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    Property profile & analytics

    116 Allen St State College, PA 16801-4751

    • Retail space
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Location Intelligence
    Property ID
    US73-3754988
    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

    • PSECU ATM / Atm
    • McLanahan's Downtown Market / Grocery Store / Deli
    • A's Pub at McLanahan's Downtown Market / Pub

    Property Details for 116 Allen St

    Lot size
    0.24 lot acres
    Property type
    Retail space
    APN
    36-012-,052-,0000-
    APU
    360120520000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    State College
    County
    Centre
    State
    Pennsylvania
    Longitude
    -77.8614
    Latitude
    40.7937
    CBSA code
    44300
    CBSA name
    STATE COLLEGE, 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
    2024
    $27,733
    $71,820
    $304,210
    $376,030
    -
    $143,640
    $608,420
    $752,060

    Comparable in this City

    • Value Estimation by Request
      6,108 SF

      126 College Ave

      Individual retail properties • 6,108 SF
      126 College Ave, State College, PA 16801
      View Details
    • Value Estimation by Request
      1.00 Acre

      3191 College Ave

      RETAIL STORES (PERSONAL SERVICES) • 1.00 Acre
      3191 College Ave, State College, PA 16801
      View Details
    • Value Estimation by Request

      260 Hamilton Ave, Unit 290

      RETAIL STORES (PERSONAL SERVICES)
      260 Hamilton Ave, State College, PA 16801-5218
      View Details
    • Value Estimation by Request

      114 Hetzel St

      RETAIL STORES (PERSONAL SERVICES)
      114 Hetzel St, State College, PA 16801-5646
      View Details
    • Value Estimation by Request
      0.33 Acres

      148 Allen St

      RETAIL STORES (PERSONAL SERVICES) • 0.33 Acres
      148 Allen St, State College, PA 16801-4751
      View Details
    • Value Estimation by Request
      0.36 Acres

      256 Calder Way

      RETAIL STORES (PERSONAL SERVICES) • 0.36 Acres
      256 Calder Way, State College, PA 16801-4729
      View Details

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    Similar Nearby for Lease

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      Junior anchor space near Penn State's main campus.
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    • $35 SF/Yr
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      Downtown State College Retail Space

      Prime Retail Location, High Foot Traffic
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      View Details

    Property Visit Statistics

    • Visits by month
      7.6k
    • Visitors by month
      3.4k
    • Avg Time on site
      24 min
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    116 Allen St
    State College, PA 16801-4751
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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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