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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Investment properties
1553 Northampton St, Easton, PA 18042-3164
Individually Owned
24-yr Hold
Property ID
US73-0392213
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1950
Total area
9,092 SF
Lot
0.22 ac (9,520 SF)
Zoning code
B1
APN
L9SW2A 23 1 0837
UPID
US73-0392213
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
-
Skip Azzalina Music Instruction Vocational School Training Center
-
The LASHStudio & Spa Hair Salon Nail Salon
-
Molly Maid Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$925k
Owner & transaction history
David E Colver · 24 yrs held
David E Colver
since 2001
7 recorded transactions
Zoning & alternative use
B1 · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,125,000
Current use
MEDICAL BUILDING
$1,390,000
Change: +23% · Conversion: Easy
RESTAURANT
$1,020,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±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
$102 / 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
$15,127
Tax year 2024
Assessed value
$157,300
Assessed 2024
Previous assessed
$157,300
+0.0% YoY
Effective rate
9.62%
On assessed value
Assessed land
$38,500
Assessed improvement
$118,800
Land market value
$77,000
Improvement market value
$237,600
Total market value
$314,600
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1950
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
7
Total area
9,092 SF
Lot
0.22 ac (9,520 SF)
Zoning code
B1
APN
L9SW2A 23 1 0837
UPID
US73-0392213
Jurisdiction
NORTHAMPTON
Zoning & alternative use
B1 · Easton, PA
Zoning B1 · permitted uses
B1 · 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
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
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
1950
Heating
YES
Cooling
Yes
Stories
1
Rooms
7
Lot
0.22 ac
Current owner
From public records · entity-resolved
David E Colver
Individual
Mailing address
PO BOX 3414, PALMER, PA 18043-3414
Ownership since
2001
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
Jan 7, 2026
—
David E Colver
—
Deed
related
$300,000 · Univest Bank & Trust Co
Sep 24, 2025
—
David E Colver
—
Deed
related
$600,000 · Univest Bank & Trust Co
Mar 19, 2018
—
David E Colver
—
Deed
related
$500,000 · Peoples Sec Bk&tr
Aug 31, 2001
—
David E Colver
Roth Trust
Grant Deed
$244,000 · Lafayette Ambassador Bank
—
—
Colver,david E & Lisa M
—
Deed Of Trust
related
$35,000 · Merchants Bk/bangor
—
—
David E Colver
—
Deed Of Trust
related
$510,000 · Peoples Sec Bk&tr
—
—
David E Colver
—
Deed Of Trust
related
$250,000 · Peoples Sec Bk&tr
—
—
David E Colver
—
Deed Of Trust
related
$500,000 · Peoples Sec Bk&tr
—
—
David E Colver
—
Deed Of Trust
related
$250,000 · Merchants 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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