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    Property profile & analytics

    12724 Cherry Hl Rd Albion, PA 16401-9717

    • Investment properties
    • 968 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US73-2851408
    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

    • Heavy Metal Fab Inc / Welder

    Property Details for 12724 Cherry Hl Rd

    Year built
    1940
    Construction
    FRAME
    Lot size
    1.40 lot acres
    Property size
    968 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    04-003-004.0-007.00
    APU
    4003004000700

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.4374
    Latitude
    41.9116
    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
    $1,884
    $22,900
    $89,180
    $112,080
    -
    $22,900
    $89,180
    $112,080

    Comparable in this City

    • Value Estimation by Request
      1,592 SF

      20 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,592 SF
      20 State St, Albion, PA 16401-1111
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    • Value Estimation by Request
      1,584 SF

      10015 State Line Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,584 SF
      10015 State Line Rd, Albion, PA 16401
      View Details
    • Value Estimation
      $340,000
      1,280 SF

      8787 Crossingville Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,280 SF
      8787 Crossingville Rd, Albion, PA 16401-8905
      View Details
    • Value Estimation
      $200,000
      5,676 SF

      43 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,676 SF
      43 Main St, Albion, PA 16401-1122
      View Details
    • Value Estimation
      $330,000
      880 SF

      11650 Pennside Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 880 SF
      11650 Pennside Rd, Albion, PA 16401-8514
      View Details
    • Value Estimation
      $265,000
      2,169 SF

      11900 Pennside Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,169 SF
      11900 Pennside Rd, Albion, PA 16401-8520
      View Details

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    12724 Cherry Hl Rd
    Albion, PA 16401-9717
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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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