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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Manufacturing properties
1611 Spruce St Easton, PA 18042-3942
Trust Owned
2-yr Hold
Free & Clear
Property ID
US73-1507177
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Total area
1,824 SF
Lot
0.44 ac (19,285 SF)
Zoning code
C1
APN
L9SW2D 15 12 0837
UPID
US73-1507177
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$895k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$860k
Owner & transaction history
Directed Trust Company · 2 yrs held
Directed Trust Company
since 2023
Last sale
$850,000
4 recorded transactions
Zoning & alternative use
C1 · Easton, 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 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
$855,000
ML approach
$895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$860k
Range $774k – $946k · ±10% · vs last sale $850k (Oct 18 2023)
Last sale anchor
$850k
Oct 18 2023
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
$471 / 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
$10,367
Tax year 2024
Assessed value
$107,800
Assessed 2024
Previous assessed
$107,800
+0.0% YoY
Effective rate
9.62%
On assessed value
Assessed land
$35,200
Assessed improvement
$72,600
Land market value
$70,400
Improvement market value
$145,200
Total market value
$215,600
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Units
2
Rooms
5
Total area
1,824 SF
Lot
0.44 ac (19,285 SF)
Zoning code
C1
APN
L9SW2D 15 12 0837
UPID
US73-1507177
Jurisdiction
NORTHAMPTON
Zoning & alternative use
C1 · Easton, PA
Zoning C1 · permitted uses
C1 · 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.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
2
Rooms
5
Lot
0.44 ac
Current owner
From public records · entity-resolved
Directed Trust Company
Trust
Free & Clear · 2 yrs held
Mailing address
456 UN BLVD, ALLENTOWN, PA 18109-3228
Ownership since
2023
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
Oct 18, 2023
$850,000
Directed Trust Company
Good Community Properties LLC
Deed
—
Nov 25, 2022
$441,000
Good Community Properties LLC
Spruce St Holdings LP
Deed
$500,000 · Keystone Business Credit LLC
Oct 2, 2014
$380,000
Spruce St. Holdings LP
Snyder,rickie A & Theresa M
Grant Deed
$330,000 · Rickie A & Theresa M Snyder
Dec 29, 2008
—
Rickie A Snyder
Snyder,rickie A & Theresa M
Quit Claim Deed
related
—
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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