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    Property profile & analytics

    2 Main St Albion, PA 16401-1123

    • Grocery and convenience stores
    • 2,796 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 28, 2023
    $25,000
    Location Intelligence
    Property ID
    US73-3936836
    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

    • Grocery and convenience stores

    Property Details for 2 Main St

    Year built
    1994
    Construction
    WOOD
    Lot size
    0.77 lot acres
    Property size
    2,796 SF
    Zone code
    T
    Property type
    Grocery and convenience stores
    APN
    01-005-045.0-008.00
    APU
    1005045000800

    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
    -80.3666
    Latitude
    41.8905
    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
    $4,288
    $67,300
    $290,400
    $357,700
    -
    $67,300
    $290,400
    $357,700

    Comparable in this City

    • Value Estimation
      $210,000
      12,156 SF

      10491 Rte 6n

      GROCERY, SUPERMARKET • 12,156 SF
      10491 Rte 6n, Albion, PA 16401-9401
      View Details
    • Value Estimation by Request
      12,510 SF

      21 State St

      GROCERY, SUPERMARKET • 12,510 SF
      21 State St, Albion, PA 16401-1110
      View Details
    • 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 by Request
      460 SF

      153 Main St

      SHOW ROOM, WAREHOUSE • 460 SF
      153 Main St, Albion, PA 16401-1154
      View Details
    • Value Estimation
      $185,000
      3,880 SF

      10465 Rte 6n

      RETAIL STORES (PERSONAL SERVICES) • 3,880 SF
      10465 Rte 6n, Albion, PA 16401-9401
      View Details

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      Residential Land in Hunter Ridge

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    2 Main St
    Albion, PA 16401-1123
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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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