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Property profile & analytics
OFF-MARKET
Estimated value
$20,225,000
Office buildings
1605 Cedar Crst Blvd Allentown, PA 18104-2351
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1669787
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1994
Total area
214,790 SF
Lot
12.09 ac (526,640 SF)
Zoning code
GC-1
APN
548744266256-1
UPID
US73-1669787
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
-
Wallitsch & Iacobelli LLP Law Firm
-
Dr. Bob Bryan Orthodontics - Allentown Dental Office
-
Lehigh Valley Orthodontics, PC Dental Office
-
Lehigh Valley Orthodontics: Bryan Robert K DDS Dental Office
-
Bryan William J DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$19.14M
Comparable Approach
Comparable
$22.48M
Blend (final)
Blend
$20.23M
Owner & transaction history
Elizabeth Ann Swallow · 1 yrs held
Elizabeth Ann Swallow
since 2025
6 recorded transactions
Zoning & alternative use
GC-1 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown 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%
$20,730,000
6.5%
$19,135,000
7%
$17,770,000
Blend value · Realmo final
$20.23M
Range $18.20M – $22.25M · ±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
$94 / 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
$568,802
Tax year 2024
Assessed value
$24,204,600
Assessed 2024
Previous assessed
$24,204,600
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$4,439,900
Assessed improvement
$19,764,700
Land market value
$4,439,900
Improvement market value
$19,764,700
Total market value
$24,204,600
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1994
Heating
YES
Cooling
YES
Stories
6
Total area
214,790 SF
Lot
12.09 ac (526,640 SF)
Zoning code
GC-1
APN
548744266256-1
UPID
US73-1669787
Jurisdiction
LEHIGH
Zoning & alternative use
GC-1 · Allentown, PA
Zoning GC-1 · permitted uses
GC-1 · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
YES
Cooling
Yes
Stories
6
Lot
12.09 ac
Current owner
From public records · entity-resolved
Elizabeth Ann Swallow
Individual
Mailing address
1605 N CEDAR CRST BLVD STE #102, ALLENTOWN, PA 18104-2351
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2026
—
Roma II Revocable Trust
—
Deed
related
$4,600,000 · Fbt Bank & Mortgage
Apr 30, 2025
—
Elizabeth Ann Swallow
Elizabeth Ann Swallow
Deed
related
—
Jan 31, 2022
—
Thomas Roma
—
Deed
related
$24,000,000 · Korth Direct Mortgage INC
Apr 24, 2019
—
Roma Allentown Master Tenant L
—
Grant Deed
related
$18,000,000 · Other Institutional Lenders
—
—
Roma Corp Center LP
—
Deed Of Trust
related
$16,000,000 · Conestoga Bank
—
—
Roma Corp Center LP
—
Deed Of Trust
related
$3,000,000 · Conestoga 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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