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    Property profile & analytics

    255 38th St Erie, PA 16504-1668

    • Grocery and convenience stores
    • 19,289 SF
    • 1.40 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Location Intelligence
    Property ID
    US73-0120716
    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

    • Valu Home Centers / Hardware Store

    Property Details for 255 38th St

    Year built
    1958
    Construction
    WOOD
    Lot size
    1.40 lot acres
    Property size
    19,289 SF
    Zone code
    C1
    Property type
    Grocery and convenience stores
    APN
    18-053-061.0-209.00
    APU
    18053061020900

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0612
    Latitude
    42.1037
    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
    $18,359
    $183,000
    $299,600
    $482,600
    -
    $183,000
    $299,600
    $482,600

    Comparable in this City

    • Value Estimation
      $290,000
      2,876 SF

      957 26th St

      CONVENIENCE STORE • 2,876 SF
      957 26th St, Erie, PA 16504-2901
      View Details
    • Value Estimation
      $270,000
      2,562 SF

      3327 Pne Ave

      CONVENIENCE STORE • 2,562 SF
      3327 Pne Ave, Erie, PA 16504-1739
      View Details
    • Value Estimation
      $315,000
      3,185 SF

      4526 Pne Ave

      CONVENIENCE STORE • 3,185 SF
      4526 Pne Ave, Erie, PA 16504-2342
      View Details
    • Value Estimation
      $600,000
      3,214 SF

      1424 Grandview Blvd

      FINANCIAL BUILDING • 3,214 SF
      1424 Grandview Blvd, Erie, PA 16504-2738
      View Details
    • Value Estimation
      $495,000
      11,688 SF

      1109 38th St

      FINANCIAL BUILDING • 11,688 SF
      1109 38th St, Erie, PA 16504-1845
      View Details
    • Value Estimation
      $340,000
      3,177 SF

      3706 Pne Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,177 SF
      3706 Pne Ave, Erie, PA 16504-1748
      View Details

    Similar Nearby for Sale

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      Erie Retail Space For Sale

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      Erie Commercial Space For Sale

      Well-maintained commercial space with high traffic and flexible layout.
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      Erie, PA Shovel-Ready Building Lot

      Building lot in Belle Valley, Millcreek Township, with utilities.
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    • $115,000
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      Erie Commercial Land Opportunity

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    Similar Nearby for Lease

    • $14 SF/Yr
      2,520 SF

      Erie Retail/Restaurant Space Available

      High-traffic location suitable for retail or restaurant uses.
      861 E 38Th St, Erie, PA 16504
      View Details
    • $4,500 /Mo

      Retail Pad Site For Lease

      Outparcel pad site available for lease at Liberty Center I.
      712 W 38Th St, Erie, PA 16504
      View Details
    • $19 SF/Yr
      250 SF

      Erie Industrial Warehouse Space

      Single-tenant warehouse, 250 sq ft, Erie, PA
      141 26Th St, Erie, PA 16504
      View Details
    • $6 SF/Yr
      1,700 SF

      Erie Flex Space Available

      1,700 SF flex space in gated commercial complex for rent.
      141 E 26Th St, Erie, PA 16504
      View Details
    • $4 SF/Yr
      7,380 SF

      Erie Flex Space Available

      7,380 SF flex space in gated commercial complex.
      141 E 26Th St, Erie, PA 16504
      View Details
    • $8 SF/Yr
      2,520 SF

      Erie Industrial Space For Lease

      Industrial space with 24' clear height available for lease.
      141 E 26Th St, Erie, PA 16504
      View Details

    Property Visit Statistics

    • Visits by month
      6.3k
    • Visitors by month
      6.4k
    • Avg Time on site
      16 min
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    Erie, PA 16504-1668
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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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