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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1043 Broadway Wind Gap, PA 18091-1633

    • Commercial real estate
    • 26,375 SF
    • 4.97 lot acres
    OFF-MARKET
    Value Estimations
    $3,040,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5938074
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wind Gap Chevrolet / Car Dealership / Auto Repair Shop
    • Wind Gap Chevrolet Buick Service / Auto Repair Shop
    • Simon’s Auto Detailing / Car Wash
    • Parts center - Wind Gap Chevrolet / Auto Parts Store
    • Chevrolet Service Wind Gap Chevrolet / Auto Repair Shop / Vehicle Inspection Center

    Property Details for 1043 Broadway

    Year built
    1981
    Lot size
    4.97 lot acres
    Property size
    26,375 SF
    Zone code
    R12
    Property type
    Commercial real estate
    APN
    F8NW4A 8 2 0638
    APU
    F8NW4A820638

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $4,450,000
      6.5%
      $4,110,000
      7%
      $3,815,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,991,000
      Market price range: $1.71M - $4.52M
      AI Estimate
      $2,019,000
      Market price range: $1.05M - $3.10M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $2,935,000
      Current use
      MEDICAL BUILDING
      $4,025,000
      Change: +37% Conversion: Easy
      RETAIL STORES
      $3,490,000
      Change: +19% Conversion: Easy
      RESTAURANT
      $2,955,000
      Change: +1% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,775,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wind Gap
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.2957
    Latitude
    40.8355
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $45,587
    $109,800
    $427,400
    $537,200
    -
    $219,600
    $854,800
    $1,074,400

    Comparable in this City

    • Value Estimation by Request
      1,040 SF

      260 Moorestown Rd

      COMMERCIAL MISC • 1,040 SF
      260 Moorestown Rd, Wind Gap, PA 18091-9723
      View Details
    • Value Estimation by Request
      0.30 Acres

      217 Broadway

      COMMERCIAL MISC • 0.30 Acres
      217 Broadway, Wind Gap, PA 18091-1212
      View Details
    • Value Estimation by Request
      352,026 SF

      450 Moorestown Rd

      COMMERCIAL CONDOMINUIM • 352,026 SF
      450 Moorestown Rd, Wind Gap, PA 18091-9681
      View Details
    • Value Estimation by Request
      25.00 Acres

      425 Kromer Rd

      Land • 25.00 Acres
      425 Kromer Rd, Wind Gap, PA 18091
      View Details
    • Value Estimation by Request

      942 Broadway

      Land
      942 Broadway, Wind Gap, PA 18091
      View Details
    • Value Estimation
      $770,000
      9,120 SF

      421 Moorestown Rd

      COMMERCIAL (GENERAL) • 9,120 SF
      421 Moorestown Rd, Wind Gap, PA 18091-9719
      View Details

    Similar Nearby for Sale

    • $599,000
      1.25 Acres

      Wind Gap Commercial Land - $599K

      High-traffic location, 1.25 acres. Ideal for retail.
      976 Broadway, Wind Gap, PA 18091
      View Details
    • $675,000
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      Turnkey Investment Property with Restaurant

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      8-acre site with highway frontage and development potential.
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    • $500,000

      Pad Site on Route 512

      0.5 acre pad site with high visibility and accessibility.
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    • $1,425,000

      Highway Interchange Zoned Land

      Commercial land with high traffic count and development potential.
      6587 Sullivan Trl, Wind Gap, PA 18091
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    • New
      $1,250,000
      2.89 Acres

      Highway Interchange Zoned Land

      2.9 acres of shovel-ready land at a highway interchange.
      Sullivan Trl, Pen Argyl, PA 18091
      View Details

    Similar Nearby for Lease

    • $1,000 /Mo
      95,832 SF

      Wind Gap Office Space Available

      Office space in Wind Gap Boro, PA, utilities included.
      125 7Th St, Wind Gap, PA 18091
      View Details
    • Contact for pricing
      2,400 SF

      Grocery Anchored Retail Space

      Retail space in dominant shopping center, Wind Gap, Pennsylvania.
      837 Male Rd, Wind Gap, PA 18091
      View Details
    • New
      $1,800 /Mo
      6,752 SF

      Route 512 Storefront/Restaurant Space

      High-traffic location with modern kitchen and ample parking.
      67 Park Ave, Wind Gap, PA 18091
      View Details
    • Contact for pricing
      183,168 SF

      Wind Gap Plaza Retail Space

      Prime Retail Space, 2,400 SF Available
      801-837 Male Rd, Wind Gap, PA 18091
      View Details
    • $1,500 /Mo

      Retail Space in Wind Gap

      1200 sq ft commercial space with great exposure.
      1 N Broadway, Wind Gap, PA 18091
      View Details
    • Contact for pricing
      161,320 SF

      Wind Gap Warehouse Space

      161,320 sq ft warehouse space available for lease.
      45-65 Beers Way, Wind Gap, PA 18091
      View Details
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    1043 Broadway
    Wind Gap, PA 18091-1633
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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