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Property profile & analytics
FOR LEASE
Auto shops
1633 Airport Rd Allentown, PA 18109
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-1089564
For Lease
$4,010,000
1633 Airport Rd, Allentown, PA 18109
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1958
Total area
15,620 SF
Lot
1.17 ac (51,139 SF)
Zoning code
I-3
APN
640891346305-1
UPID
US73-1089564
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
-
Caliber Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.01M
Blend (final)
Blend
$4.01M
Owner & transaction history
Stella Cadente Investments LLC · 5 yrs held
Stella Cadente Investments LLC
since 2021
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
I-3 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.3M
+12.6%
Restaurant
$3.0M
+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
$4,195,000
ML approach
$4,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,970,000
Current use
MEDICAL BUILDING
$3,345,000
Change: +13% · Conversion: Difficult
RESTAURANT
$3,030,000
Change: +2% · Conversion: Difficult
OFFICE BUILDING
$2,730,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$4.01M
Range $3.61M – $4.41M · ±10% · vs last sale $3.79M (Feb 26 2021)
Last sale anchor
$3.79M
Feb 26 2021
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
$257 / 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
$78,446
Tax year 2024
Assessed value
$2,362,800
Assessed 2024
Previous assessed
$2,362,800
+0.0% YoY
Effective rate
3.32%
On assessed value
Assessed land
$287,800
Assessed improvement
$2,075,000
Land market value
$287,800
Improvement market value
$2,075,000
Total market value
$2,362,800
Applied tax rate
15.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1958
Heating
YES
Cooling
YES
Stories
1
Total area
15,620 SF
Lot
1.17 ac (51,139 SF)
Zoning code
I-3
APN
640891346305-1
UPID
US73-1089564
Jurisdiction
LEHIGH
Zoning & alternative use
I-3 · Allentown, PA
Zoning I-3 · permitted uses
I-3 · 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
$3.0M
MEDICAL BUILDING
Est. value
$3.3M
RESTAURANT
Est. value
$3.0M
OFFICE BUILDING
Est. value
$2.7M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
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
1958
Heating
YES
Cooling
Yes
Stories
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
Stella Cadente Investments LLC
Entity
Mailing address
728 DELAWARE AVE, FOUNTAIN HILL, PA 18015-1135
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2021
$3,793,000
Stella Cadente Investments LLC
Allentown LLC
Special Warranty Deed
$3,034,400 · Essa Bank & Trust
Mar 5, 2020
$1,500,000
Vrd At Allentown LLC
Calumet Enterprises LLC
Special Warranty Deed
$2,524,528 · First United Bank & Trust Co
Mar 17, 2017
—
Calumet Ents LLC
—
Deed
related
$840,000 · Manufacturers & Traders Tr
Jun 26, 2013
—
Calumet Ents LLC
Calumet Ents
Quit Claim Deed
related
—
Aug 21, 2000
$390,000
Calumet Enterprises
Roderick H Dietrich Estate
Grant Deed
—
—
—
Calumet Enterprises
—
Deed Of Trust
related
$840,000 · Allfirst Bank
—
—
Calumet Ents LLC
—
Loan Modification
related
$840,000 · Manufacturers & Traders Tr
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?”
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