Entity Owned 
For Sale
1 / 7
$250,000
322 Ridge Ave, Allentown, PA 18102
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Property summary
AI-generated overview
The property is a retail space of approximately 1,350 square feet located on Ridge Avenue in Allentown, Pennsylvania, within a residential area. The space features exposed brick, an open floor plan, one bathroom, and ample storage. It is positioned roughly three blocks from the Jaindl Enterprises Waterfront mixed-use Class A building. The layout is suited for a range of neighborhood retail and personal-service uses, including salons, barbershops, convenience stores, and nail salons.
Property profile
Verified
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1863
Construction
TYPE NOT SPECIFIED
Total area
3,978 SF
Lot
0.11 ac (4,960 SF)
Zoning code
R-MH
APN
640743056829-1
UPID
US73-1251338
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$235k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$250k
Owner & transaction history
since 2021
Last sale
$185,000
2 recorded transactions
Zoning & alternative use
R-MH · Allentown, PA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$250k
Value range
$225k – $275k
±10% around blend
Estimated value / SF
$63 / SF
Confidence
High
7 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
70
Income certainty
100
$225k
blend $250k
$275k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,978 SF
Lot area
0.11 ac
Year built
1863
Stories
3
APN
640743056829-1
Zoning
R-MH
Assessed value
$180,500
Annual tax
$5,955
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$5,955
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$550k
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.7 mi away · 2,812 SF
1.6 mi away · 2,942 SF
2.1 mi away · 4,625 SF
4.3 mi away · 3,251 SF
6.6 mi away · 2,800 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$250k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 76 sales
$101
-38%
Submarket 139 sales
$124
-49%
County 227 sales
$134
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $63/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$238k
Move the market yield to see immediate price impact.
Value / SF
$60
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$15k
$299k
$214k
$166k
$17k
$333k
$238k
$185k
$18k
$366k
$261k
$203k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$375k
0.7 mi · Apr 2026 · $120/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,955
Tax year 2024
Assessed value
$180,500
Assessed 2024
Previous assessed
$180,500
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$20,000
Assessed improvement
$160,500
Land market value
$20,000
Improvement market value
$160,500
Total market value
$180,500
Applied tax rate
1.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1863
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
2
Rooms
9
Bathrooms
2
Total area
3,978 SF
Lot
0.11 ac (4,960 SF)
Zoning code
R-MH
APN
640743056829-1
UPID
US73-1251338
Jurisdiction
LEHIGH
Zoning & alternative use
R-MH · Allentown, PAZoning R-MH · permitted uses
R-MH · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1863
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
2
Rooms
9
Bathrooms
2
Lot
0.11 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R-MH
Jurisdiction
Allentown, PA
Recorded code
R-MH
Ownership Intelligence
Find the owner behind the property.
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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