Technical
Financial
Distress signals
Property profile

1101 Hanover Ave 1109 Allentown, PA 18109

OFF-MARKET
Grocery and convenience stores
Property ID
US73-1323778
2,808 SF 0.37 ac lot Built 1973
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1973
Total area 2,808 SF
Lot 0.37 ac (16,291 SF)
Zoning code B-3
APN 641706250088-1
UPID US73-1323778

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Supermarket
  • Atm
  • (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Location

1101 Hanover Ave, Unit 1109 Allentown, PA 18109-2014
Allentown metro Census 102 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
$595k
Comparable Approach Comparable
by Request
Blend (final) Blend
$570k

Owner & transaction history

since 2023
Last sale
$585,000
5 recorded transactions
2023
$585,000
2019
Price N/A
2012
$235,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-3 · Allentown, PA
Zoning description

IG- or IM-zoned lots or on lots that were classified in the B-3 zoning district on the day before the effective date specified 10-11 CITY OF ALLENTOWN PA Zoning Ordinance Article 10 Signs 660-101 Signs in MX-C, MX-S, GX-…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $410,000 +314.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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