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    Property profile & analytics

    117 Franklin St Whitehall, PA 18052-5539

    • Manufacturing properties
    • 9,022 SF
    • 0.47 lot acres
    OFF-MARKET
    Value Estimations
    $320,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1682604
    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

    • Manufacturing properties

    Property Details for 117 Franklin St

    Year built
    1949
    Lot size
    0.47 lot acres
    Property size
    9,022 SF
    Zone code
    R-5A
    Property type
    Manufacturing properties
    APN
    640813567283-1
    APU
    6408135672831

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $320,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $466,000
      Market price range: $271k - $998k
      AI Estimate
      $196,000
      Market price range: $149k - $369k

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

    Location Insight

    • Map
    • Local Demand
    City
    Whitehall
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4686
    Latitude
    40.6385
    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
    $6,823
    $41,900
    $198,900
    $240,800
    -
    $41,900
    $198,900
    $240,800

    Comparable in this City

    • Value Estimation
      $555,000
      23,887 SF

      5200 2nd St

      MANUFACTURING (LIGHT) • 23,887 SF
      5200 2nd St, Whitehall, PA 18052-1804
      View Details
    • Value Estimation
      $640,000
      42,458 SF

      1022 3rd St

      MANUFACTURING (LIGHT) • 42,458 SF
      1022 3rd St, Whitehall, PA 18052-5431
      View Details
    • Value Estimation
      $240,000
      5,947 SF

      736 Frnt St

      MANUFACTURING (LIGHT) • 5,947 SF
      736 Frnt St, Whitehall, PA 18052-6610
      View Details
    • Value Estimation
      $920,000
      71,592 SF

      800 Frnt St

      MANUFACTURING (LIGHT) • 71,592 SF
      800 Frnt St, Whitehall, PA 18052-5928
      View Details
    • Value Estimation
      $1,040,000
      39,641 SF

      5235 Coplay Rd

      MANUFACTURING (LIGHT) • 39,641 SF
      5235 Coplay Rd, Whitehall, PA 18052-2211
      View Details
    • Value Estimation by Request
      443,669 SF

      1139 Lehigh Ave

      MANUFACTURING (LIGHT) • 443,669 SF
      1139 Lehigh Ave, Whitehall, PA 18052-5518
      View Details

    Similar Nearby for Sale

    • $4,790,000
      4.24 Acres

      MacArthur Rd Mixed-Use Redevelopment

      4.24 Acres, 8 Buildings, High Visibility
      2946 Macarthur Rd, Whitehall, PA 18052
      View Details
    • Contact for pricing
      12,000 SF

      Industrial Flex Space Available

      Multi-tenant industrial park near Route 22, ideal for various uses.
      2650-2728 Lehigh St, Whitehall, PA 18052
      View Details
    • $6,900,000
      13,750 SF

      Winding Brook: Prime Retail Opportunity

      7-Acre Retail Complex, 13,750 SF
      3665 Macarthur Rd, Whitehall,PA, PA 18052
      View Details
    • $325,000
      4,600 SF

      Established Restaurant in Lehigh Valley Mall

      Turnkey restaurant opportunity with liquor license and loyal clientele.
      121 Lehigh Valley Mall, Hokendauqua, PA 18052
      View Details
    • $224,900
      7,714 SF

      Established Whitehall Grocery Store

      Profitable business, prime location, ample parking.
      331 Grape St, Whitehall, PA 18052
      View Details
    • $1,300,000

      Corner Lot in Whitehall, PA

      0.84 acre corner lot zoned Neighborhood Commercial (C-1).
      304 West Union St, Whitehall, PA 18052
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      423 SF

      Whitehall Industrial Space For Lease

      17,027 SF industrial space with flexible lease terms.
      1139 Lehigh Ave, Whitehall, PA 18052
      View Details
    • Contact for pricing
      689,000 SF

      Warehouse Space in Whitehall, PA

      689,000 square foot warehouse space available for lease.
      5102 Beekmantown Rd, Whitehall, PA 18052
      View Details
    • Contact for pricing

      Whitehall Warehouse Space Available

      Warehouse space for rent in Whitehall, Pennsylvania.
      5102 Beekmantown Rd, Whitehall, PA 18052
      View Details
    • Contact for pricing
      41,781 SF

      Riverside Business Center: Warehouse For Lease

      41,781 SF Warehouse, Lehigh County
      1139 Lehigh Ave, Fullerton, PA 18052
      View Details
    • Contact for pricing
      423 SF

      Industrial Space Near Major Routes

      41,781 SF industrial space with ample parking and accessibility.
      1139 Lehigh Ave, Whitehall, PA 18052
      View Details
    • $18 SF/Yr
      27,835 SF

      Retail Space on MacArthur Road

      2,750 SF retail space on Lehigh Valley's main corridor.
      2242 Macarthur Rd, Whitehall, PA 18052
      View Details
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    117 Franklin St
    Whitehall, PA 18052-5539
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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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