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Property profile & analytics
FOR LEASE
Outlet malls
15260 Kutztown Rd Kutztown, PA 19530
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-4015913
For Lease
1 / 2
$7,460,000
15260 Kutztown Rd, Kutztown, PA 19530
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1975
Total area
64,946 SF
Lot
12.95 ac (564,102 SF)
APN
5454-17-11-8400
UPID
US73-4015913
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
by Request
CAP Approach
CAP
$10.13M
Comparable Approach
Comparable
$7.24M
Blend (final)
Blend
$7.46M
Owner & transaction history
Advance Stores Company Incorporated · 2 yrs held
Advance Stores Company Incorporated
since 2023
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.4M
+142.9%
Auto repair, garage
$6.9M
+61.5%
Office building
$6.3M
+47.1%
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 Kutztown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kutztown 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,975,000
6.5%
$10,130,000
7%
$9,405,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$10,445,000
Change: +143% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,945,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$6,325,000
Change: +47% · Conversion: Easy
RESTAURANT
$5,805,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$4,565,000
Change: +6% · Conversion: Difficult
Blend value · Realmo final
$7.46M
Range $6.71M – $8.21M · ±10%
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
$115 / 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
$37,541
Tax year 2024
Assessed value
$3,309,000
Assessed 2024
Previous assessed
$3,309,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$563,500
Assessed improvement
$2,745,500
Land market value
$563,500
Improvement market value
$2,745,500
Total market value
$3,309,000
Applied tax rate
63.0000
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
For Lease
Year built
1975
Heating
NONE
Buildings
2
Stories
1
Total area
64,946 SF
Lot
12.95 ac (564,102 SF)
APN
5454-17-11-8400
UPID
US73-4015913
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$10.4M
AUTO REPAIR, GARAGE
Est. value
$6.9M
OFFICE BUILDING
Est. value
$6.3M
RESTAURANT
Est. value
$5.8M
WAREHOUSE, STORAGE
Est. value
$4.6M
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
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
1975
Heating
NONE
Stories
1
Buildings
2
Lot
12.95 ac
Current owner
From public records · entity-resolved
Advance Stores Company Incorporated
Entity
Mailing address
550 FASHION AVE, NEW YORK, NY 10018-3203
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2023
—
Advance Stores Company Incorporated
Weis Plaza LP
Assignment Of Lease (leasehold Sale)
—
Jan 24, 2019
—
Weis Plaza Ls
—
Deed
related
$5,500,000 · Goldman Sachs Mortgage Company
Oct 1, 2014
$4,150,000
Weis Plaza LP
Weis Station INC
Grant Deed
$3,115,000 · Israel Discount Bk/ny
Feb 4, 2011
—
Weis Station INC
—
Deed Of Trust
related
$17,999,602 · Us Bank NA
Mar 23, 2006
$5,210,000
Weis Station INC
Weis Plaza Acquisition
Deed Of Trust
related
$9,002,500 · Us Bank NA
Mar 24, 2005
$3,875,000
Weis Plaza Acquisition
Dljmac 1999-cg2 Weis Plaza
Grant Deed
related
$2,140,000 · Palisades Regional Inv Fund Ll
Dec 4, 2003
—
Djmac 1999-cg2 Weis Plaza
Sheriff Of Berks County
Trustees Deed
related
—
—
—
Weis Station INC
—
Deed Of Trust
related
$221,000,000 · Bank Of America
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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