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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Industrial properties
104 Commerce Dr, Northampton, PA 18067-9777
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US73-1355303
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2007
Total area
7,000 SF
Lot
1.25 ac (54,450 SF)
Zoning code
I
APN
L4 12 7A-3 0501
UPID
US73-1355303
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
-
Movex Inc. Fume Extractors Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$800k
Comparable Approach
Comparable
$754k
Blend (final)
Blend
$570k
Owner & transaction history
George Gezzer · 20 yrs held
George Gezzer
since 2005
3 recorded transactions
Zoning & alternative use
I · Northampton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$925,000
+61.5%
Restaurant
$785,000
+36.7%
Auto repair, garage
$735,000
+28.5%
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%
$865,000
6.5%
$800,000
7%
$745,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$575,000
Current use
RETAIL STORES
$925,000
Change: +62% · Conversion: Moderate
RESTAURANT
$785,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$735,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$570,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$495,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$81 / 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
$8,202
Tax year 2024
Assessed value
$114,700
Assessed 2024
Previous assessed
$114,700
+0.0% YoY
Effective rate
7.15%
On assessed value
Assessed land
$33,800
Assessed improvement
$80,900
Land market value
$67,600
Improvement market value
$161,800
Total market value
$229,400
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2007
Heating
YES
Cooling
CENTRAL
Total area
7,000 SF
Lot
1.25 ac (54,450 SF)
Zoning code
I
APN
L4 12 7A-3 0501
UPID
US73-1355303
Jurisdiction
NORTHAMPTON
Zoning & alternative use
I · Northampton, PA
Zoning I · permitted uses
I · 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
INDUSTRIAL (GENERAL) Current
Est. value
$575,000
RETAIL STORES
Est. value
$925,000
RESTAURANT
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$570,000
COMMERCIAL (GENERAL)
Est. value
$495,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2007
Heating
YES
Cooling
Yes
Lot
1.25 ac
Current owner
From public records · entity-resolved
George Gezzer
Individual
Mailing address
3068 OAKLAND DR, NORTHAMPTON, PA 18067-1042
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2005
$75,000
George Gezzer
Horwith Leasing Co INC
Grant Deed
—
—
—
George M Gezzer
—
Deed Of Trust
related
$60,000 · Quakertown National Bank
—
—
George M Gezzer
—
Deed Of Trust
related
$170,000 · Liberty Bank For Savings
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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