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Property profile & analytics
FOR SALE
Office Spaces
1550 Lehigh Dr Easton, PA 18042
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2682446
For Sale
1 / 3
$7,865,000
1550 Lehigh Dr, Easton, PA 18042
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1980
Total area
31,868 SF
Lot
17.8 ac (775,368 SF)
Zoning code
A
APN
M9NW2B 1 2 0835
UPID
US73-2682446
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
-
National Plastics Factory Production Facility
-
LATRO (Bike/Boat/Book/etc) Store Corporate Office
-
Triumvirate Environmental Waste Management Facility Hazardous Waste Disposal
-
Kenz Transportation Trucking Company
-
Lehigh Polymers Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.69M
CAP Approach
CAP
$4.97M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.87M
Owner & transaction history
Emek Brucha LLC · 4 yrs held
Emek Brucha LLC
since 2021
Last sale
$9.0M
5 recorded transactions
Zoning & alternative use
A · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.9M
+23.4%
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
$7,645,000
ML approach
$8,690,000
CAP Approach
CAP Return
Estimation
6%
$5,380,000
6.5%
$4,965,000
7%
$4,610,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,865,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$7.87M
Range $7.08M – $8.65M · ±10% · vs last sale $9.02M (Dec 7 2021)
Last sale anchor
$9.02M
Dec 7 2021
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
$247 / 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
$32,774
Tax year 2024
Assessed value
$397,900
Assessed 2024
Previous assessed
$1,125,000
-64.6% YoY
Effective rate
8.24%
On assessed value
Assessed land
$174,800
Assessed improvement
$223,100
Land market value
$349,600
Improvement market value
$446,200
Total market value
$795,800
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Year built
1980
Heating
YES
Cooling
CENTRAL
Buildings
14
Stories
1
Rooms
50
Total area
31,868 SF
Lot
17.8 ac (775,368 SF)
Zoning code
A
APN
M9NW2B 1 2 0835
UPID
US73-2682446
Jurisdiction
NORTHAMPTON
Zoning & alternative use
A · Easton, PA
Zoning A · permitted uses
A · 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
MEDICAL BUILDING
Est. value
$4.9M
MEDICAL BUILDING
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
1980
Heating
YES
Cooling
Yes
Stories
1
Buildings
14
Rooms
50
Lot
17.8 ac
Current owner
From public records · entity-resolved
Emek Brucha LLC
Entity
Mailing address
1402 57TH ST, BROOKLYN, NY 11219-4619
Ownership since
2021
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
Dec 7, 2021
$9,015,000
Emek Brucha LLC
Adamson Street LLC
Deed
$6,700,000 · The Fidelity Deposit & Discount Bank
Sep 14, 2012
—
Adamson Street LLC
—
Deed Of Trust
related
$2,250,000 · Lafayette Ambassador Bank
—
—
Adamson Street LLC
—
Deed Of Trust
related
$350,000 · Lafayette Ambassador Bank
—
—
Adamson Street LLC
—
Deed Of Trust
related
$2,500,000 · Merchants Bk/bangor
—
—
Adamson Street LLC
—
Deed Of Trust
related
$250,000 · Lafayette Ambassador 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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