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Property profile & analytics
OFF-MARKET
Estimated value
$23,850,000
Auto shops
1696 Plz Ln Allentown, PA 18104
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US73-4245488
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1977
Total area
48,646 SF
Lot
7.19 ac (313,153 SF)
Zoning code
HC
APN
549726173872-1
UPID
US73-4245488
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
$23.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.85M
Owner & transaction history
Dcd Re Plaza Lane LLC · 2 yrs held
Dcd Re Plaza Lane LLC
since 2024
Last sale
$23.9M
6 recorded transactions
Zoning & alternative use
HC · 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
$23,850,000
ML approach
$23,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$23.85M
Range $21.47M – $26.24M · ±10% · vs last sale $23.85M (Jun 24 2024)
Last sale anchor
$23.85M
Jun 24 2024
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
$490 / 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
$148,749
Tax year 2024
Assessed value
$6,329,800
Assessed 2024
Previous assessed
$6,329,800
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$1,811,000
Assessed improvement
$4,518,800
Land market value
$1,811,000
Improvement market value
$4,518,800
Total market value
$6,329,800
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
1977
Heating
YES
Cooling
YES
Stories
1
Total area
48,646 SF
Lot
7.19 ac (313,153 SF)
Zoning code
HC
APN
549726173872-1
UPID
US73-4245488
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.
Building & site characteristics
From public records
Year built
1977
Heating
YES
Cooling
Yes
Stories
1
Lot
7.19 ac
Current owner
From public records · entity-resolved
Dcd Re Plaza Lane LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1648 PLZ LN, ALLENTOWN, PA 18104-9706
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
$23,850,000
Dcd Re Plaza Lane LLC
Rock Real Estate Family Partners LP
Special Warranty Deed
—
May 8, 2024
—
Rock Real Estate Family Partners LP
Rock Real Estate Family Partners LP
Intrafamily Transfer
related
—
Aug 24, 2021
—
David B Rothrock
—
Deed
related
$2,500,000 · American Bank
Feb 19, 2013
—
Rock R & E Family Ptrs LP
—
Deed Of Trust
related
$5,000,000 · American Bank
Dec 31, 2012
$4,735,412
Rock R & E Family Ptrs LP
Rothrock,bruce L
Grant Deed
related
—
—
—
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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