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    Property profile & analytics

    131 State St Albion, PA 16401-1348

    • Retail space
    • 3,456 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $235,000
    Location Intelligence
    Property ID
    US73-0147731
    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

    • ABLE Counseling Services / Family Counselor
    • Larry Herl / Psychologist
    • Dr. Kenton Andryc, D.M.D. / Dentist
    • Kenton Christopher Andryc / Dentist

    Property Details for 131 State St

    Year built
    1995
    Construction
    WOOD
    Lot size
    0.38 lot acres
    Property size
    3,456 SF
    Zone code
    T
    Property type
    Retail space
    APN
    01-003-035.0-061.00
    APU
    1003035006100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $185,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $185,000
      Geo Method
      $220,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $160,000
      Retail
      $225,000
      Mixed-Use
      $170,000
      Hospitality
      $175,000
      Educational
      $165,000
      Residential Income
      $220,000
      Energy
      $165,000
      Income-Based Land
      $195,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Albion
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.3619
    Latitude
    41.8906
    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
    $3,842
    $33,400
    $128,000
    $161,400
    -
    $33,400
    $128,000
    $161,400

    Comparable in this City

    • Value Estimation
      $190,000
      3,135 SF

      9939 Rte 6n

      RETAIL STORES (PERSONAL SERVICES) • 3,135 SF
      9939 Rte 6n, Albion, PA 16401-8621
      View Details
    • Value Estimation
      $315,000
      5,656 SF

      39 State St

      RETAIL STORES (PERSONAL SERVICES) • 5,656 SF
      39 State St, Albion, PA 16401-1110
      View Details
    • Value Estimation
      $75,000
      760 SF

      8915 Rte 6n

      RETAIL STORES (PERSONAL SERVICES) • 760 SF
      8915 Rte 6n, Albion, PA 16401-8211
      View Details
    • Value Estimation by Request
      1,654 SF

      9676 Rte 6n

      RETAIL STORES (PERSONAL SERVICES) • 1,654 SF
      9676 Rte 6n, Albion, PA 16401-8646
      View Details
    • Value Estimation
      $75,000
      7,728 SF

      30 State St

      RETAIL STORES (PERSONAL SERVICES) • 7,728 SF
      30 State St, Albion, PA 16401-1111
      View Details
    • Value Estimation
      $95,000
      4,080 SF

      9 State St

      RETAIL STORES (PERSONAL SERVICES) • 4,080 SF
      9 State St, Albion, PA 16401-1110
      View Details

    Similar Nearby for Sale

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      4,080 SF

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    131 State St
    Albion, PA 16401-1348
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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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