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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office buildings
1104 Cedar Crst Blvd Allentown, PA 18103-7901
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-5811353
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1951
Total area
4,743 SF
Lot
0.33 ac (14,336 SF)
Zoning code
C1
APN
548579933930-1
UPID
US73-5811353
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
-
Lehigh Prosthodontics Dental Office
-
Home Care Assistance of Lehigh Valley Home Health Care Service Hospice
-
Dr. Thad Miller Dental Office
-
Dr. Maryam Sholehvar, DMD Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$390k
CAP Approach
CAP
$425k
Comparable Approach
Comparable
$592k
Blend (final)
Blend
$550k
Owner & transaction history
M & P Properties LLC · 22 yrs held
M & P Properties LLC
since 2004
6 recorded transactions
Zoning & alternative use
C1 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$900,000
+40.4%
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
by Request
ML approach
$390,000
CAP Approach
CAP Return
Estimation
6%
$460,000
6.5%
$425,000
7%
$390,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$640,000
Current use
AUTO REPAIR, GARAGE
$900,000
Change: +40% · Conversion: Difficult
COMMERCIAL (GENERAL)
$585,000
Change: -9% · Conversion: Easy
RETAIL STORES
$525,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$116 / 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
$18,770
Tax year 2024
Assessed value
$623,800
Assessed 2024
Previous assessed
$623,800
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$136,200
Assessed improvement
$487,600
Land market value
$136,200
Improvement market value
$487,600
Total market value
$623,800
Applied tax rate
5.0000
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
1951
Heating
YES
Cooling
YES
Stories
2
Total area
4,743 SF
Lot
0.33 ac (14,336 SF)
Zoning code
C1
APN
548579933930-1
UPID
US73-5811353
Jurisdiction
LEHIGH
Zoning & alternative use
C1 · Allentown, PA
Zoning C1 · permitted uses
C1 · 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
$640,000
AUTO REPAIR, GARAGE
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$585,000
RETAIL STORES
Est. value
$525,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1951
Heating
YES
Cooling
Yes
Stories
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
M & P Properties LLC
Entity
Mailing address
5606 HIGHFIELD DR, ZIONSVILLE, PA 18092-2221
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2004
$751,000
M & P Properties LLC
Shaffer,peter L
Grant Deed
$654,800 · East Penn Bank
Jun 11, 1997
$50,000
Peter L Shaffer
Bacon,anna R
Grant Deed
$40,000 · East Penn Bank
—
—
Peter L Shaffer
—
Deed Of Trust
related
$300,000 · Premier Bank
—
—
Peter L Shaffer
—
Deed Of Trust
related
$530,000 · Premier Bank
—
—
Peter L Shaffer
—
Deed Of Trust
related
$75,000 · Carl S & Barbara A Demarchi
—
—
Peter K Shaffer
—
Deed Of Trust
related
$160,000 · Summit Bank
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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