New search
Property profile & analytics
OFF-MARKET
Estimated value
$13,820,000
Assisted living facilities
1632 Allen St 1656 Allentown, PA 18102-2012
Individually Owned
~
Est. High Equity
Property ID
US73-1285984
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1969
Total area
31,389 SF
Lot
1.15 ac (50,094 SF)
Zoning code
B-5
APN
549741413451-1
UPID
US73-1285984
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
$8.33M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.82M
Owner & transaction history
Diamond Healthcare At West Allen Pr
Diamond Healthcare At West Allen Pr
since 2025
Last sale
$13.6M
6 recorded transactions
Zoning & alternative use
B-5 · 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
$14,300,000
ML approach
$8,330,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.82M
Range $12.44M – $15.20M · ±10% · vs last sale $13.58M (Sep 19 2023)
Last sale anchor
$13.58M
Sep 19 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
$440 / 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
$106,312
Tax year 2024
Assessed value
$3,288,600
Assessed 2024
Previous assessed
$3,288,600
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$250,100
Assessed improvement
$3,038,500
Land market value
$250,100
Improvement market value
$3,038,500
Total market value
$3,288,600
Applied tax rate
8.0000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1969
Heating
YES
Cooling
YES
Stories
3
Units
146
Total area
31,389 SF
Lot
1.15 ac (50,094 SF)
Zoning code
B-5
APN
549741413451-1
UPID
US73-1285984
Jurisdiction
LEHIGH
Zoning & alternative use
B-5 · Allentown, PA
Zoning B-5 · permitted uses
B-5 · 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
1969
Heating
YES
Cooling
Yes
Stories
3
Units
146
Lot
1.15 ac
Current owner
From public records · entity-resolved
Diamond Healthcare At West Allen Pr
Individual
Mailing address
1632-1656 W ALLEN ST #201, LAKEWOOD, PA 18439
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
Aug 29, 2025
—
Diamond Healthcare At West Allen Pr
Diamond Healthcare At West Allen Pr
Deed
related
$27,000,000 · Jackson Flagstar Centre Office
Sep 19, 2023
$13,578,000
Avon Pa LLC
Owls Nest Properties LLC
Deed
$26,796,701 · Nbh Bank NA
Jul 31, 2015
$4,650,000
Silver Spring Series
Liberty Allen Square LLC
Deed
$1,000,000 · American Bank
Jan 5, 2005
$2,250,000
Liberty Allen Square LLC
Brownfield Liberty Partners
Grant Deed
related
$1,450,000 · Principal Commercial Funding
—
—
Liberty Allen Square LLC
—
Deed Of Trust
related
$2,775,000 · American Bank
—
—
Liberty Partners Brownfield
—
Deed Of Trust
related
$25,000 · Nazareth 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.
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 1632 Allen St, Unit 1656?
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.