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Property profile & analytics
OFF-MARKET
Investment properties
1 Broad St Nanticoke, PA 18634-2241
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2133488
Property summary
AI-generated overview
This well-maintained seven-unit apartment building is ideally situated in the heart of Nanticoke, Pennsylvania, at 1 West Broad Street, zip code 18634. Offered at $609,000, this multifamily property boasts a strong net operating income (NOI) of $43,363. The unit mix includes three one-bedroom units, two two-bedroom units, one studio apartment, and one commercial space, providing diverse income streams. Each tenant is responsible for their own utilities, minimizing landlord expenses. Currently, the leases are below market value, presenting a significant opportunity for increased profitability through future rent adjustments. The property's prime location offers convenient access to Luzerne Community College, Hanover Industrial Park, and the Chewy/Adidas Fulfillment Center, ensuring a consistent demand for rental units. This presents a compelling investment opportunity with significant upside potential. The price per unit is $87,000. This property is a turnkey investment ready for a new owner.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.13 ac (5,663 SF)
APN
42-J7SE1-017-010
UPID
US73-2133488
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Briar Manor LLC · 2 yrs held
Briar Manor LLC
since 2023
Last sale
$490,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Nanticoke submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nanticoke submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,580
Tax year 2023
Assessed value
$98,900
Assessed 2024
Previous assessed
$98,900
+0.0% YoY
Effective rate
2.61%
On assessed value
Assessed land
$18,900
Assessed improvement
$80,000
Land market value
$18,900
Improvement market value
$80,000
Total market value
$98,900
Applied tax rate
42.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Heating
NONE
Lot
0.13 ac (5,663 SF)
APN
42-J7SE1-017-010
UPID
US73-2133488
Jurisdiction
LUZERNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
Briar Manor LLC
Entity
Mailing address
158 E WALNUT ST #399, KINGSTON, PA 18704-4849
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2023
$490,000
Briar Manor LLC
Daniel W Warakomski
Special Warranty Deed
$1,680,000 · Fcnb Bank
Dec 18, 2014
$90,000
Daniel W Warakomski
Chmil,paul JR & Joyce
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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