Technical
Financial
Distress signals
Property profile

1298 Spruce St Easton, PA 18042

OFF-MARKET
Retail space
Property ID
US73-2213464
20,096 SF 0.38 ac lot Built 1950
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a freestanding commercial building with a large, contiguous footprint designed to support warehouse, distribution, or warehouse/flex use configurations. It is equipped with central air conditioning and is served by public utilities including gas, electric, water, and sewer. The building sits on a 0.381-acre corner parcel in Easton’s West Ward, featuring dual-street frontage along Spruce Street and S. 13th Street, with level, paved access for vehicle movement. The site is connected to the broader Lehigh Valley via nearby Route 22 and Interstate 78 and is laid out in a way that accommodates single-tenant, full-building occupancy, suitable for light industrial and commercial operations such as manufacturing, distribution, showroom, retail, or other uses benefiting from a consolidated space and direct site access.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 20,096 SF
Lot 0.38 ac (16,605 SF)
Zoning code RMD
APN L9SE1D 11 1 0310
UPID US73-2213464

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
  • Building Supply Hardware & Home Improvement

Location

1298 Spruce St Easton, PA 18042-4070
Easton metro Census 14200 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$1.24M

Owner & transaction history

since 2018
2 recorded transactions
2021
Price N/A
2018
$335,000

Zoning & alternative use

RMD · Easton, PA
Top alternative use upside
Auto repair, garage $1.9M +0.5%

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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