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Property profile & analytics
OFF-MARKET
Estimated value
$5,205,000
Grocery and convenience stores
101 Held Dr Northampton, PA 18067-1145
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-4211013
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1991
Total area
51,750 SF
Lot
4.31 ac (187,744 SF)
Zoning code
R3
APN
L4 8 4M 0522
UPID
US73-4211013
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
Current use
Occupant on record · Public records
-
Redner's Warehouse Markets Grocery & Convenience Store Food Market
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Margo Bitcoin ATM Crypto Atm Atm
-
Coin Cloud Bitcoin ATM Atm Crypto Atm
-
Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.17M
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$5.21M
Owner & transaction history
Cherry Square Shopping Center LLC · 7 yrs held
Cherry Square Shopping Center LLC
since 2018
2 recorded transactions
Zoning & alternative use
R3 · Northampton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$7.9M
+15.4%
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 Northampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northampton 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,680,000
6.5%
$6,165,000
7%
$5,725,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,850,000
Current use
MEDICAL BUILDING
$7,900,000
Change: +15% · Conversion: Difficult
RESTAURANT
$5,795,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$5.21M
Range $4.68M – $5.73M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$101 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$119,047
Tax year 2024
Assessed value
$1,487,900
Assessed 2024
Previous assessed
$1,487,900
+0.0% YoY
Effective rate
8.00%
On assessed value
Assessed land
$215,500
Assessed improvement
$1,272,400
Land market value
$431,000
Improvement market value
$2,544,800
Total market value
$2,975,800
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1991
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
51,750 SF
Lot
4.31 ac (187,744 SF)
Zoning code
R3
APN
L4 8 4M 0522
UPID
US73-4211013
Jurisdiction
NORTHAMPTON
Zoning & alternative use
R3 · Northampton, PA
Zoning R3 · permitted uses
R3 · Northampton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$7.9M
RESTAURANT
Est. value
$5.8M
RETAIL STORES Current
MEDICAL BUILDING
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
4.31 ac
Current owner
From public records · entity-resolved
Cherry Square Shopping Center LLC
Entity
Mailing address
4950 DUNHAM DR, READING, PA 19606-9091
Ownership since
2018
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
Oct 19, 2021
—
Cherry Square Shopping Center LLC
—
Deed
related
$6,500,000 · Riverview Bank
Sep 25, 2018
$8,700,000
Cherry Square Shopping Center LLC
Cherry Square Mcv Associates LP
Deed
$4,900,000 · Wells Fargo Bank NA
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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