Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    16 Chestnut St Montrose, PA 18801-1536

    • Investment properties
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US73-4866151
    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

    • William Owens & Co / Accountant

    Property Details for 16 Chestnut St

    Lot size
    0.14 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    124.17-3,015.00,000.
    APU
    12417301500000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $170,000
      6.5%
      $170,000
      7%
      $195,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $165,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $185,000
      Retail
      $185,000
      Mixed-Use
      $180,000
      Hospitality
      $185,000
      Educational
      $210,000
      Residential Income
      $210,000
      Energy
      $190,000
      Income-Based Land
      $175,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Montrose
    County
    Susquehanna
    State
    Pennsylvania
    Longitude
    -75.8775
    Latitude
    41.8319

    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
    $2,258
    $3,100
    $26,200
    $29,300
    -
    $6,200
    $52,400
    $58,600

    Comparable in this City

    • Value Estimation by Request
      0.19 Acres

      7478 State Rte 29

      OFFICE/RESIDENTIAL (MIXED USE) • 0.19 Acres
      7478 State Rte 29, Montrose, PA 18801
      View Details
    • Value Estimation
      $230,000
      6.56 Acres

      2619 Bare Vly Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 6.56 Acres
      2619 Bare Vly Rd, Montrose, PA 18801-7791
      View Details
    • Value Estimation
      $270,000
      0.08 Acres

      212 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.08 Acres
      212 Church St, Montrose, PA 18801-1551
      View Details
    • Value Estimation
      $190,000
      0.06 Acres

      206 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.06 Acres
      206 Church St, Montrose, PA 18801-1271
      View Details
    • Value Estimation
      $360,000
      0.92 Acres

      281 Church St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.92 Acres
      281 Church St, Montrose, PA 18801-1603
      View Details
    • Value Estimation
      $255,000
      2.00 Acres

      1279 Darrow Hl Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2.00 Acres
      1279 Darrow Hl Rd, Montrose, PA 18801-8091
      View Details

    Similar Nearby for Sale

    • $299,900
      884 SF

      Montrose Mixed-Use Commercial Property

      Turnkey Hair Salon & Rental Income Potential
      10548 State Route 29, Montrose, PA 18801
      View Details
    • $219,000
      2,100 SF

      Montrose Retail Space & Apartments

      Prime Montrose retail space with apartments.
      489 Main St, Montrose, PA 18801
      View Details
    • $1,200,000
      10,704 SF

      Montrose Hotel with Event Space

      Thirteen-bedroom hotel with event space and studio apartment.
      165 Lk Ave Ave, Montrose, PA 18801
      View Details
    • $499,900
      14,865 SF

      Montrose Commercial Property w/ Business

      Thriving Business & Versatile Space
      14348 Pa-706, Montrose, PA 18801
      View Details
    • $134,950
      1,430 SF

      Thriving Health Food Store

      Established health food store in Montrose's downtown shopping district.
      505 S Main St, Montrose, PA 18801
      View Details
    • $165,000
      1,430 SF

      Montrose Retail Space - $165K

      Turn-key retail business, established 25+ years.
      505 Main St, Montrose, PA 18801
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    16 Chestnut St
    Montrose, PA 18801-1536
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.