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Property profile & analytics
OFF-MARKET
Estimated value
$33,655,000
Industrial properties
1540 Van Buren Rd Easton, PA 18045-7805
Individually Owned
3-yr Hold
Property ID
US73-4418957
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
2017
Total area
242,206 SF
Lot
23.01 ac (1,002,316 SF)
Zoning code
LI
APN
K8 4 2A 0324
UPID
US73-4418957
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
-
iHerb (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$27.71M
Comparable Approach
Comparable
$38.45M
Blend (final)
Blend
$33.66M
Owner & transaction history
Lehigh Valley 33 Logistics Ctr Owne · 3 yrs held
Lehigh Valley 33 Logistics Ctr Owne
since 2023
Last sale
$34.0M
5 recorded transactions
Zoning & alternative use
LI · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$37.0M
+53.2%
Commercial (general)
$30.3M
+25.5%
Restaurant
$27.1M
+12.3%
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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
$34,115,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$30,015,000
6.5%
$27,705,000
7%
$25,725,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$24,145,000
Current use
MEDICAL BUILDING
$36,985,000
Change: +53% · Conversion: Difficult
COMMERCIAL (GENERAL)
$30,290,000
Change: +25% · Conversion: Difficult
RESTAURANT
$27,120,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$24,975,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$22,580,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$33.66M
Range $30.29M – $37.02M · ±10% · vs last sale $34.00M (Jan 19 2023)
Last sale anchor
$34.00M
Jan 19 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
$139 / 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
$515,768
Tax year 2024
Assessed value
$5,820,000
Assessed 2024
Previous assessed
$4,235,600
+37.4% YoY
Effective rate
8.86%
On assessed value
Assessed land
$404,100
Assessed improvement
$5,415,900
Land market value
$808,200
Improvement market value
$10,831,800
Total market value
$11,640,000
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
2017
Heating
YES
Cooling
CENTRAL
Buildings
2
Total area
242,206 SF
Lot
23.01 ac (1,002,316 SF)
Zoning code
LI
APN
K8 4 2A 0324
UPID
US73-4418957
Jurisdiction
NORTHAMPTON
Zoning & alternative use
LI · Easton, PA
Zoning LI · permitted uses
LI · Easton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Easton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$24.1M
MEDICAL BUILDING
Est. value
$37.0M
COMMERCIAL (GENERAL)
Est. value
$30.3M
RESTAURANT
Est. value
$27.1M
RETAIL STORES
Est. value
$25.0M
AUTO REPAIR, GARAGE
Est. value
$22.6M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
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
2017
Heating
YES
Cooling
Yes
Buildings
2
Lot
23.01 ac
Current owner
From public records · entity-resolved
Lehigh Valley 33 Logistics Ctr Owne
Individual
Mailing address
1585 BROADWAY, NEW YORK, NY 10036-8200
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2023
—
Lehigh Valley 33 Logistics Ctr Owne
—
Deed
related
$105,000,000 · Forethought Life Insurance Company
Jan 19, 2023
$34,000,000
Lehigh Valley 33 Logistics Ctr Owne
Idig Lehigh Valley LLC
Special Warranty Deed
—
Jul 6, 2017
—
Idig Lehigh Valley LLC
—
Grant Deed
related
$12,100,000 · Us Bk
Dec 28, 2016
$4,359,709
Idig Lehigh Valley LLC
Chrin Charles Trust
Grant Deed
—
—
—
Chrin,charles Trust
—
Loan Modification
related
$6,000,000 · National Penn Bk
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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