Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$39,710,000
Industrial properties
157 Commerce Park Dr Easton, PA 18045-2372
Entity Owned
4-yr Hold
Free & Clear
Property ID
US73-2837335
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
2020
Total area
430,201 SF
Lot
17.3 ac (753,588 SF)
Zoning code
I
APN
L8 11A3-4 0418
UPID
US73-2837335
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
-
Victaulic Company Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$49.21M
Comparable Approach
Comparable
$37.98M
Blend (final)
Blend
$39.71M
Owner & transaction history
Victaulic Reh LLC · 4 yrs held
Victaulic Reh LLC
since 2022
Last sale
$41.4M
3 recorded transactions
Zoning & alternative use
I · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$65.7M
+53.2%
Commercial (general)
$53.8M
+25.5%
Restaurant
$48.2M
+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
$37,990,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$53,310,000
6.5%
$49,210,000
7%
$45,695,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$42,880,000
Current use
MEDICAL BUILDING
$65,690,000
Change: +53% · Conversion: Difficult
COMMERCIAL (GENERAL)
$53,795,000
Change: +25% · Conversion: Difficult
RESTAURANT
$48,175,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$44,360,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$40,110,000
Change: -6% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$35,100,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$39.71M
Range $35.74M – $43.68M · ±10% · vs last sale $41.43M (Jan 21 2022)
Last sale anchor
$41.43M
Jan 21 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
$92 / 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
$418,650
Tax year 2024
Assessed value
$5,749,900
Assessed 2024
Previous assessed
$5,749,900
+0.0% YoY
Effective rate
7.28%
On assessed value
Assessed land
$432,500
Assessed improvement
$5,317,400
Land market value
$865,000
Improvement market value
$10,634,800
Total market value
$11,499,800
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
2020
Heating
YES
Cooling
CENTRAL
Total area
430,201 SF
Lot
17.3 ac (753,588 SF)
Zoning code
I
APN
L8 11A3-4 0418
UPID
US73-2837335
Jurisdiction
NORTHAMPTON
Zoning & alternative use
I · Easton, PA
Zoning I · permitted uses
I · 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
$42.9M
MEDICAL BUILDING
Est. value
$65.7M
COMMERCIAL (GENERAL)
Est. value
$53.8M
RESTAURANT
Est. value
$48.2M
RETAIL STORES
Est. value
$44.4M
AUTO REPAIR, GARAGE
Est. value
$40.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$35.1M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
RETAIL STORES
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
2020
Heating
YES
Cooling
Yes
Lot
17.3 ac
Current owner
From public records · entity-resolved
Victaulic Reh LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4901 KESSLERSVILLE RD, EASTON, PA 18040-6714
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2022
$41,434,637
Victaulic Reh LLC
Wind Drift Development Ltd
Special Warranty Deed
—
Aug 10, 2018
$4,365,161
Wind-drift Dev Ltd
Racz,mary E
Grant Deed
$33,700,000 · Victaulic Reh LLC
Dec 22, 2017
—
Mary E Racz
—
Grant Deed
related
$1,600,000 · Lafayette Ambassador 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.
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?”
You own 157 Commerce Park Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
