Financial
Distress signals
Property profile

1028 Sherman St Allentown, PA 18109

OFF-MARKET
Manufacturing properties
Property ID
US73-2587805
5,504 SF 0.48 ac lot Built 1940
Last sale Nov 2017 · $180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$231k
Assessed land$109k
Assessed improvement$122k
Effective rate3.99%

Value estimate

· Sep 2026
$315k
$284k – $347k
AI approach$315k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
Submarket average, outlier-cleaned · 57 recorded sales of this use type
Observed band · Q1–Q3$37 – $118
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B/LI
The purpose of this district is to provide for a mix of commercial and light industrial uses to offer a wide market in areas suitable for...
General categoryINDUSTRIAL
JurisdictionLEHIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency25.5
Law Firm22.3
HVAC Service12.6

Location

1028 Sherman St Allentown, PA 18109-1658
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1041 Fenwick, Allentown, PA 18109-3206 $394,424 Feb 2025 2,074 SF
1324 Sherman, Allentown, PA 18109-1765 $3,600,000 May 2024 29,474 SF
6099 Airport, Allentown, PA 18109-9443 $462,500 Jun 2023 4,000 SF
321 Carlisle, Allentown, PA 18109-2801 $400,000 Jun 2022 32,200 SF
418-420 Irving, Allentown, PA 18109 $365,000 Feb 2022 3,465 SF
421 Carlisle, Allentown, PA 18109-2800 $1,000,000 Feb 2022 32,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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