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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Grocery and convenience stores
101 Tilghman St 115 Allentown, PA 18102-5130
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1084189
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1988
Total area
13,140 SF
Lot
0.57 ac (24,752 SF)
Zoning code
B1/R
APN
640735968307-1
UPID
US73-1084189
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
-
Elias Market Food Market Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.57M
Blend (final)
Blend
$1.52M
Owner & transaction history
Joseph Elias · 3 yrs held
Joseph Elias
since 2023
7 recorded transactions
Zoning & alternative use
B1/R · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.5M
+99.8%
Apartment house (5+ units)
$1.5M
+19.7%
Office building
$1.4M
+10.7%
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 Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,250,000
Current use
AUTO REPAIR, GARAGE
$2,495,000
Change: +100% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,495,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$1,385,000
Change: +11% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,330,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±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
$116 / 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
$44,902
Tax year 2024
Assessed value
$1,327,300
Assessed 2024
Previous assessed
$1,327,300
+0.0% YoY
Effective rate
3.38%
On assessed value
Assessed land
$205,400
Assessed improvement
$1,121,900
Land market value
$205,400
Improvement market value
$1,121,900
Total market value
$1,327,300
Applied tax rate
6.0000
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
1988
Heating
YES
Cooling
YES
Stories
1
Total area
13,140 SF
Lot
0.57 ac (24,752 SF)
Zoning code
B1/R
APN
640735968307-1
UPID
US73-1084189
Jurisdiction
LEHIGH
Zoning & alternative use
B1/R · Allentown, PA
Zoning B1/R · permitted uses
B1/R · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1988
Heating
YES
Cooling
Yes
Stories
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
Joseph Elias
Individual
Mailing address
101 W TILGHMAN ST, ALLENTOWN, PA 18102-5130
Mailing matches property
Yes
Owner-occupied
Yes
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2023
—
Joseph Elias
Joseph Elias
Intrafamily Transfer
related
$886,000 · People First FCU
Sep 28, 2016
—
Joseph Elias
Owner Name Unavailable
Grant Deed
related
—
Sep 2, 2016
—
Joseph Elias
—
Deed
related
$388,000 · M&t Bk
Aug 22, 2016
—
Joseph Elias
—
Trustees Deed
related
$967,000 · M&t Bk
—
—
Joseph Elias
—
Deed Of Trust
related
$240,500 · Pnc Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$100,000 · Ambassador Bank Commonwealth
—
—
Joseph Elias
—
Deed Of Trust
related
$250,000 · Pnc Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$100,000 · Pnc Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$388,000 · M&t Bk
—
—
Joseph Elias
—
Deed Of Trust
related
$443,000 · Pnc Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$165,000 · Pnc Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$600,000 · M & T Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$60,000 · Pnc Bank
—
—
Joseph Ellas
—
Deed Of Trust
related
$300,000 · Pnc Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$125,000 · Pnc Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$40,000 · Meridian National Bank
—
—
Joseph Elias
—
Deed Of Trust
related
$339,000 · Pnc Bank
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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