Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    78 Main St Wellsboro, PA 16901-1504
    Back to Search
    Property profile & analytics

    78 Main St, Wellsboro, PA 16901-1504

    View on Map
    • Investment properties
    • 2,850 SF
    • 0.04 lot acres
    Off-Market
    Last Sale Dec 29, 2025
    $340,000
    Property ID
    US73-5188797
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 78 Main St

    Year built
    1901
    Lot size
    0.04 lot acres
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    39/ 04A00/ 015./ /000
    APU
    3904A00015000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 29, 2025 $340,000 Crcv Enterprises LLC Gary L Wilson Special Warranty Deed $238k · First Citizens Community Bank
    Jan 2, 2007 $160,000 Gary L Wilson Thomas L Rudy Deed $285k · First Citizens National Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wellsboro
    County
    Tioga
    State
    Pennsylvania
    Longitude
    -77.3012
    Latitude
    41.7485

    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
    $5,225
    $30,530
    $167,530
    $198,060
    -
    $30,530
    $167,530
    $198,060

    Comparable in this City

    • Value Estimation by Request
      5,220 SF

      17 Waln St

      STORE/OFFICE (MIXED USE)
      17 Waln St, Wellsboro, PA 16901-1511
      View Details
    • Value Estimation by Request
      5,100 SF

      45 Main St

      STORE/OFFICE (MIXED USE)
      45 Main St, Wellsboro, PA 16901-1501
      View Details
    • Value Estimation by Request
      10,200 SF

      45 Main St

      STORE/OFFICE (MIXED USE)
      45 Main St, Wellsboro, PA 16901-1501
      View Details
    • Value Estimation by Request
      4,678 SF

      8 Ee Ave

      STORE/OFFICE (MIXED USE)
      8 Ee Ave, Wellsboro, PA 16901-1610
      View Details
    • Value Estimation by Request
      5,100 SF

      45 Main St

      STORE/OFFICE (MIXED USE)
      45 Main St, Wellsboro, PA 16901-1501
      View Details
    • Value Estimation by Request
      2,388 SF

      543 Hls Crk Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      543 Hls Crk Rd, Wellsboro, PA 16901-7125
      View Details

    Similar Nearby for Sale

    • $569,000
      7,344 SF

      Wellsboro Investment Opportunity

      Six-unit property with storefronts and apartments near Main Street.
      17 Crafton St, Wellsboro, PA 16901
      View Details
    • $65,000
      3.00 Acres

      Residential Land Near Downtown Wellsboro

      3-acre lot near downtown Wellsboro with available utilities.
      Niles Rd, Wellsboro, PA 16901
      View Details
    • $79,900
      1.58 Acres

      Commercial Land in Wellsboro Borough

      1.5+ acres of commercial land ready for development.
      Nichols St, Wellsboro, PA 16901
      View Details
    • $125,000
      12.67 Acres

      Prime Land on Route 6

      12.67 acres with frontage on Route 6, public sewer.
      Route 6, Wellsboro, PA 16901
      View Details
    • New
      $99,000
      2.39 Acres

      Recreational Hunting Land with Log Home Kit

      A wooded, open parcel with a ready log home kit and proximity to extensive state game lands for outdoor use.
      Hemlock Cir, Wellsboro, PA 16901
      View Details
    • New
      $169,900
      0.13 Acres

      Duplex on Corner Lot

      Well-maintained duplex with upper and lower units, offered as an occupied rental property in a quiet in-town setting.
      9 Austin St, Wellsboro, PA 16901
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      59,677 SF

      Retail Building in Historic Wellsboro

      13,813 SF retail building on 1.37-acre corner lot.
      24 East Ave, Wellsboro, PA 16901
      View Details
    • Contact for pricing
      21,780 SF

      Prime Location Retail Space

      Great location near PA Rail Trail and downtown Wellsboro.
      9560 B Rte 6, Wellsboro, PA 16901
      View Details
    • Contact for pricing

      Downtown Wellsboro Office/Retail/Cafe Space

      Unique space with many possibilities in a private setting.
      17 Waln St, Wellsboro, PA 16901
      View Details
    • Contact for pricing

      Expansive Industrial Building in Wellsboro

      363,170 SF industrial building with office and warehouse space.
      1 Jackson St, Wellsboro, PA 16901
      View Details
    • Contact for pricing
      4,792 SF

      Wellsboro Commercial Rental Space

      Commercial rental space in downtown Wellsboro, PA, with basement.
      17 Crafton St, Wellsboro, PA 16901
      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.
    78 Main St
    Wellsboro, PA 16901-1504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    78 Main St, Wellsboro, PA, 16901
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!