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Property profile & analytics
OFF-MARKET
Estimated value
$5,055,000
Office buildings
1101-1105 Hamilton St Allentown, PA 18101
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2090374
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1956
Total area
42,840 SF
Lot
0.33 ac (14,350 SF)
Zoning code
B-2
APN
549689761402-1
UPID
US73-2090374
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
-
District Court 31-1-02 Courthouse
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.18M
CAP Approach
CAP
$3.82M
Comparable Approach
Comparable
$4.21M
Blend (final)
Blend
$5.06M
Owner & transaction history
Glr Properties Swope Plaza LLC · 3 yrs held
Glr Properties Swope Plaza LLC
since 2022
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
B-2 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.3M
+45.9%
Auto repair, garage
$8.1M
+43.0%
Commercial (general)
$5.9M
+3.2%
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
$5,200,000
ML approach
$5,175,000
CAP Approach
CAP Return
Estimation
6%
$4,135,000
6.5%
$3,815,000
7%
$3,545,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,695,000
Current use
RESTAURANT
$8,310,000
Change: +46% · Conversion: Moderate
AUTO REPAIR, GARAGE
$8,140,000
Change: +43% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,875,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,100,000
Change: -10% · Conversion: Easy
RETAIL STORES
$4,760,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$5.06M
Range $4.55M – $5.56M · ±10% · vs last sale $4.92M (Sep 2 2022)
Last sale anchor
$4.92M
Sep 2 2022
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
$118 / 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
$67,343
Tax year 2024
Assessed value
$2,106,600
Assessed 2024
Previous assessed
$3,312,300
-36.4% YoY
Effective rate
3.20%
On assessed value
Assessed land
$120,500
Assessed improvement
$1,986,100
Land market value
$120,500
Improvement market value
$1,986,100
Total market value
$2,106,600
Applied tax rate
7.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1956
Heating
YES
Cooling
YES
Stories
3
Total area
42,840 SF
Lot
0.33 ac (14,350 SF)
Zoning code
B-2
APN
549689761402-1
UPID
US73-2090374
Jurisdiction
LEHIGH
Zoning & alternative use
B-2 · Allentown, PA
Zoning B-2 · permitted uses
B-2 · 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
OFFICE BUILDING Current
Est. value
$5.7M
RESTAURANT
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$8.1M
COMMERCIAL (GENERAL)
Est. value
$5.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
RETAIL STORES
Est. value
$4.8M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1956
Heating
YES
Cooling
Yes
Stories
3
Lot
0.33 ac
Current owner
From public records · entity-resolved
Glr Properties Swope Plaza LLC
Entity
Mailing address
2093 PHILADELPHIA PIKE #1212, CLAYMONT, DE 19703-2424
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
Glr Properties Swope Plaza LLC
—
Deed
related
$200,000 · First Keystone Community Bank
Sep 2, 2022
$4,923,500
Glr Properties Swope Plaza LLC
1101 Hbc LLC
Deed
$3,787,500 · First Keystone Community Bank
Apr 24, 2017
—
1101 Hbc LLC
—
Grant Deed
related
$3,600,000 · Investors Bk
Mar 7, 2014
—
1101 Hbc LLC
—
Trustees Deed
related
$1,000,000 · Alpha Ln Svcng LLC
Jun 7, 2013
$332,500
1101 Hbc LLC
Allentown Technology Ent Cente
Grant Deed
—
—
—
Summit Bank
—
Deed Of Trust
related
$100,000 · Allentown Technology
—
—
1101 Hbc LLC
—
Deed Of Trust
related
$3,200,000 · First Niagara Bk
—
—
Allentown Techology Enterprise
—
Deed Of Trust
related
$600,000 · American Bank Lehigh Valley
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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