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Property profile & analytics
OFF-MARKET
Estimated value
$3,840,000
Auto shops
1608 Plz Ln Allentown, PA 18104
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-3970186
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Total area
30,752 SF
Lot
3.83 ac (166,661 SF)
Zoning code
HC
APN
549726681276-1
UPID
US73-3970186
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
-
Nucar CDJR of Allentown Service Auto Repair Shop
-
Nucar Chrysler, Dodge, Jeep, Ram of Allentown Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.40M
Blend (final)
Blend
$3.84M
Owner & transaction history
Rock Real Estate Family Partners LP · 2 yrs held
Rock Real Estate Family Partners LP
since 2024
4 recorded transactions
Zoning & alternative use
HC · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.0M
+2.0%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,845,000
Current use
RESTAURANT
$5,965,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$5,455,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$3.84M
Range $3.46M – $4.22M · ±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
$125 / 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
$81,427
Tax year 2024
Assessed value
$3,465,000
Assessed 2024
Previous assessed
$3,465,000
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$960,000
Assessed improvement
$2,505,000
Land market value
$960,000
Improvement market value
$2,505,000
Total market value
$3,465,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Heating
YES
Cooling
YES
Stories
1
Total area
30,752 SF
Lot
3.83 ac (166,661 SF)
Zoning code
HC
APN
549726681276-1
UPID
US73-3970186
Jurisdiction
LEHIGH
Zoning & alternative use
HC · Allentown, PA
Zoning HC · permitted uses
HC · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$5.8M
RESTAURANT
Est. value
$6.0M
OFFICE BUILDING
Est. value
$5.5M
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE 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
1985
Heating
YES
Cooling
Yes
Stories
1
Lot
3.83 ac
Current owner
From public records · entity-resolved
Rock Real Estate Family Partners LP
Entity
Mailing address
1648 PLZ LN, ALLENTOWN, PA 18104-9706
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2024
—
Rock Real Estate Family Partners LP
Rock Real Estate Family Partners LP
Intrafamily Transfer
related
—
Dec 31, 2012
$2,039,077
Rock R & E Family Ptrs LP
Rothrock,bruce L
Grant Deed
related
—
—
—
Rock R & E Family Ptrs LP
—
Deed Of Trust
related
$5,000,000 · American Bank
—
—
Rock R & E Family Ptrs LP
—
Deed Of Trust
related
$363,104 · American 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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