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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Outlet malls
1501 Broadway Bethlehem, PA 18015
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-0763632
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2011
Total area
19,092 SF
Lot
3.19 ac (139,087 SF)
Zoning code
MD-R
APN
642700001235-1
UPID
US73-0763632
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
Trason Elm LLC · 3 yrs held
Trason Elm LLC
since 2022
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
MD-R · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem 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
$985,000
ML approach
$1,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.00M (Nov 16 2022)
Last sale anchor
$1.00M
Nov 16 2022
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
$53 / 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
$54,664
Tax year 2024
Assessed value
$1,719,000
Assessed 2024
Previous assessed
$1,719,000
+0.0% YoY
Effective rate
3.18%
On assessed value
Assessed land
$312,900
Assessed improvement
$1,406,100
Land market value
$312,900
Improvement market value
$1,406,100
Total market value
$1,719,000
Applied tax rate
2.0000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
Off-Market
Year built
2011
Heating
YES
Cooling
YES
Stories
1
Total area
19,092 SF
Lot
3.19 ac (139,087 SF)
Zoning code
MD-R
APN
642700001235-1
UPID
US73-0763632
Jurisdiction
LEHIGH
Zoning & alternative use
MD-R · Bethlehem, PA
Zoning MD-R · permitted uses
MD-R · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethlehem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2011
Heating
YES
Cooling
Yes
Stories
1
Lot
3.19 ac
Current owner
From public records · entity-resolved
Trason Elm LLC
Entity
Mailing address
24 MAPLE ST, MARCELLUS, NY 13108-1257
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2022
$1,000,000
Trason Elm LLC
Dhd Fountain Hill LLC
Deed
—
Jun 30, 2017
—
Dhd Allentown LLC
—
Grant Deed
related
$11,089,000 · Branch Bk&tr
Jun 6, 2011
—
Dhd Fountain Hill LLC
—
Grant Deed
related
$3,978,000 · Peoples United Bank
Dec 30, 2010
$385,800
Dhd Fountain Hill LLC
Gavin,richard J
Trustees Deed
$1,050,000 · Us Income Partners LLC
Dec 30, 2010
$325,000
Dhd Fountain Hill LLC
Susquehanna Bk
Grant Deed
—
Apr 22, 2009
—
Susquehanna Bank
Passaro,douglas T
Grant Deed
related
—
Aug 1, 2006
$260,000
Richard J Gavin
Hernandez,desire
Grant Deed
$208,000 · Lafayette Ambassador Bank
Nov 4, 2005
$450,000
Douglas T Passaro
Safi,bassam A
Warranty Deed
$465,000 · Susquehanna Patriot Bank
—
—
Bassam A Safi
—
Deed Of Trust
related
$10,000 · First Star Savings 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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