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Property profile & analytics
OFF-MARKET
Estimated value
$8,375,000
Assisted living facilities
1265 Cedar Crst Blvd Allentown, PA 18103-6293
Individually Owned
3-yr Hold
Free & Clear
Property ID
US73-0427956
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1987
Total area
62,302 SF
Lot
3.12 ac (135,951 SF)
Zoning code
C1
APN
548586901177-1
UPID
US73-0427956
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
-
Timothy J. Haring, MPT Physician
-
Jane Weisbach Physician
-
Krista Sankovsky Physician
-
Cedar Crest Post Acute Nursing Home
-
Lourdes Cabrera-Cobb Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.38M
Owner & transaction history
1265 Cedar Crest Boulevard Pa Owner · 3 yrs held
1265 Cedar Crest Boulevard Pa Owner
since 2023
Last sale
$8.3M
6 recorded transactions
Zoning & alternative use
C1 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$9.1M
+284.1%
Apartment house (5+ units)
$8.3M
+250.7%
Restaurant
$8.3M
+250.0%
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
$8,095,000
ML approach
$8,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,115,000
Change: +284% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,325,000
Change: +251% · Conversion: Difficult
RESTAURANT
$8,305,000
Change: +250% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,305,000
Change: +208% · Conversion: Difficult
OFFICE BUILDING
$6,325,000
Change: +166% · Conversion: Difficult
RETAIL STORES
$6,175,000
Change: +160% · Conversion: Difficult
Blend value · Realmo final
$8.38M
Range $7.54M – $9.21M · ±10% · vs last sale $8.34M (Jan 9 2023)
Last sale anchor
$8.34M
Jan 9 2023
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
$134 / 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
$159,803
Tax year 2024
Assessed value
$5,310,900
Assessed 2024
Previous assessed
$5,310,900
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$1,291,500
Assessed improvement
$4,019,400
Land market value
$1,291,500
Improvement market value
$4,019,400
Total market value
$5,310,900
Applied tax rate
4.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1987
Heating
YES
Cooling
YES
Stories
3
Units
166
Total area
62,302 SF
Lot
3.12 ac (135,951 SF)
Zoning code
C1
APN
548586901177-1
UPID
US73-0427956
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
COMMERCIAL (GENERAL)
Est. value
$9.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.3M
RESTAURANT
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$7.3M
OFFICE BUILDING
Est. value
$6.3M
RETAIL STORES
Est. value
$6.2M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1987
Heating
YES
Cooling
Yes
Stories
3
Units
166
Lot
3.12 ac
Current owner
From public records · entity-resolved
1265 Cedar Crest Boulevard Pa Owner
Individual
Free & Clear · 3 yrs held
Mailing address
1608 RTE 88TH STE #301, BRICK, NJ 08724-3009
Ownership since
2023
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
Mar 30, 2026
—
1265 Cedar Crest Boulevard Pa Owner
—
Deed
related
$170,000,000 · Manufacturers & Traders Trust Co
Jan 9, 2023
$8,338,113
1265 Cedar Crest Boulevard Pa Owner
Well Pm Properties LLC
Deed
—
Nov 2, 2016
—
Hcp Properties LP
—
Deed
related
$1,500,000,000 · Barclays Bk/plc
Nov 7, 2008
—
Hcr Manorcare Properties LLC
Hcr Manorcare Properties LLC
Quit Claim Deed
related
—
—
—
Hcp Properties LP
—
Deed Of Trust
related
$1,500,000,000 · * Other Institutional Lenders
—
—
Hcp Properties LP
—
Deed Of Trust
related
—
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.
Try Rey
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