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Property profile & analytics
OFF-MARKET Estimated value $3,425,000
High-rise multifamily apartments

15 Wood St Nazareth, PA 18064-1933

65,876 SF 2.69 ac lot Built 1982
Individually Owned ~ Est. High Equity
Property ID
US73-4163759
Property profile
Verified
Property type High-rise multifamily apartments
Use group HIGH-RISE APARTMENTS
Year built 1982
Total area 65,876 SF
Lot 2.69 ac (117,176 SF)
Zoning code R7
APN J7SE4B 3 1 0421E
UPID US73-4163759
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
  • Northampton County Housing Authority Housing Authority
  • Nazareth Senior Center Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.30M
Blend (final) Blend
$3.43M
Owner & transaction history
Betty M Zimitz
Betty M Zimitz
1 recorded transaction
1969
Price N/A
Zoning & alternative use
R7 · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

§404. R-7 District; Medium Density Residential. The purpose of this zoning district is to create a medium density area where different housing needs can be satisfied by permitting a variety of housing types. This area is to minimize the intrusion of industrial and commercial uses beyond those, which presently exist. 1. Permitted Principal Uses. A. Single fam…

Zone name Medium Density Residential
General category RESIDENTIAL
Zone area 285.32 ac
Source CHAPTER 27 ZONING
Top alternative use upside
Industrial (general) $5.4M +0.4%
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