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    Property profile & analytics

    5 Main St North East, PA 16428-1116

    • Retail space
    • 2,200 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    $245,000
    Location Intelligence
    Property ID
    US73-0210737
    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

    • Stone Audiology / Hearing Aid Store

    Property Details for 5 Main St

    Year built
    1870
    Construction
    WOOD
    Lot size
    0.03 lot acres
    Property size
    2,200 SF
    Zone code
    C1
    Property type
    Retail space
    APN
    35-005-029.0-006.00
    APU
    35005029000600

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $240,000

    • CAP approach

      CAP return
      Estimation
      6%
      $260,000
      6.5%
      $250,000
      7%
      $225,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $275,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $210,000
      Retail
      $245,000
      Mixed-Use
      $205,000
      Hospitality
      $265,000
      Educational
      $220,000
      Residential Income
      $215,000
      Energy
      $210,000
      Income-Based Land
      $245,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    North East
    County
    Erie
    State
    Pennsylvania
    Longitude
    -79.8349
    Latitude
    42.2157
    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
    $2,031
    $3,300
    $74,000
    $77,300
    -
    $3,300
    $74,000
    $77,300

    Comparable in this City

    • Value Estimation by Request
      3,520 SF

      Vine St

      RETAIL STORES (PERSONAL SERVICES) • 3,520 SF
      Vine St, North East, PA 16428
      View Details
    • Value Estimation by Request
      2,698 SF

      35 Lk St

      RETAIL STORES (PERSONAL SERVICES) • 2,698 SF
      35 Lk St, North East, PA 16428-1239
      View Details
    • Value Estimation by Request
      9,430 SF

      Pearl St

      RETAIL STORES (PERSONAL SERVICES) • 9,430 SF
      Pearl St, North East, PA 16428
      View Details
    • Value Estimation by Request
      5,472 SF

      18 20th S Lk St

      RETAIL STORES (PERSONAL SERVICES) • 5,472 SF
      18 20th S Lk St, North East, PA 16428
      View Details
    • Value Estimation
      $435,000
      9,100 SF

      147 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,100 SF
      147 Main St, North East, PA 16428-1125
      View Details
    • Value Estimation
      $250,000
      6,324 SF

      Buffalo Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,324 SF
      Buffalo Rd, North East, PA 16428
      View Details

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    Property Visit Statistics

    • Visits by month
      1.2k
    • Visitors by month
      817
    • Avg Time on site
      15 min
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    5 Main St
    North East, PA 16428-1116
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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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