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    Property profile & analytics

    4520 Pne Ave Erie, PA 16504-2342

    • Retail space
    • 1,352 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US73-0212863
    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

    • Thrifty Dry Cleaners / Dry Cleaner

    Property Details for 4520 Pne Ave

    Year built
    1958
    Construction
    WOOD
    Lot size
    0.58 lot acres
    Property size
    1,352 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    18-052-007.0-102.00
    APU
    18052007010200

    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%
      $280,000
      6.5%
      $235,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $220,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $245,000
      Mixed-Use
      $280,000
      Hospitality
      $255,000
      Educational
      $285,000
      Residential Income
      $260,000
      Energy
      $240,000
      Income-Based Land
      $300,000
      Food Service
      $255,000

    Location Insight

    • Map
    • Local Demand
    City
    Erie
    County
    Erie
    State
    Pennsylvania
    Longitude
    -80.0351
    Latitude
    42.1064
    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
    $7,106
    $101,700
    $85,100
    $186,800
    -
    $101,700
    $85,100
    $186,800

    Comparable in this City

    • Value Estimation
      $295,000
      10,000 SF

      1283 Grandview Blvd

      RETAIL STORES (PERSONAL SERVICES) • 10,000 SF
      1283 Grandview Blvd, Erie, PA 16504
      View Details
    • Value Estimation
      $245,000
      3,072 SF

      1009 38th St

      RETAIL STORES (PERSONAL SERVICES) • 3,072 SF
      1009 38th St, Erie, PA 16504-1843
      View Details
    • Value Estimation
      $550,000
      7,714 SF

      3430 Pne Ave

      RETAIL STORES (PERSONAL SERVICES) • 7,714 SF
      3430 Pne Ave, Erie, PA 16504-1742
      View Details
    • Value Estimation by Request
      1,152 SF

      3024 Pne Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,152 SF
      3024 Pne Ave, Erie, PA 16504-1176
      View Details
    • Value Estimation by Request
      16,076 SF

      3800 Pne Ave

      RETAIL STORES (PERSONAL SERVICES) • 16,076 SF
      3800 Pne Ave, Erie, PA 16504-2328
      View Details
    • Value Estimation by Request
      11,290 SF

      2715 Parade St

      RETAIL STORES (PERSONAL SERVICES) • 11,290 SF
      2715 Parade St, Erie, PA 16504-2811
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $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
    • $14 SF/Yr
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      Erie Retail/Restaurant Space Available

      High-traffic location suitable for retail or restaurant uses.
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      View Details
    • $4 SF/Yr
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      7,380 SF flex space in gated commercial complex.
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    • $8 SF/Yr
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      Erie Industrial Space For Lease

      Industrial space with 24' clear height available for lease.
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    • $19 SF/Yr
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      Erie Office/Flex Space Available

      Adaptable office/flex suites in gated commercial/industrial complex.
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      View Details
    • $11 SF/Yr
      850 SF

      Erie Commercial Space with Overhead Doors

      850 SF commercial space ideal for storage, manufacturing, distribution.
      141 E 26Th St, Erie, PA 16504
      View Details

    Property Visit Statistics

    • Visits by month
      15.7k
    • Visitors by month
      9.8k
    • Avg Time on site
      9 min
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    Erie, PA 16504-2342
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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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