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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Retail space
1727 Liberty St Allentown, PA 18104-5027
Entity Owned
2-yr Hold
Free & Clear
Property ID
US73-1978146
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Total area
4,980 SF
Lot
0.33 ac (14,400 SF)
Zoning code
B-5
APN
549740063625-1
UPID
US73-1978146
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
-
New Garden Chinese Restaurant Restaurant
-
Madeline’s on Liberty Cafe & Coffee Shop
-
Express Care Pharmacy Pharmacy
-
Mahesh Paladugu Pharmacy
-
Elizabeth Anthony's Salon Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
$945k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
P & L Real Estate Group LLC · 2 yrs held
P & L Real Estate Group LLC
since 2024
Last sale
$1.0M
3 recorded transactions
Zoning & alternative use
B-5 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.1M
+92.6%
Auto repair, garage
$945,000
+71.1%
Office building
$885,000
+59.6%
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
$1,025,000
ML approach
$1,025,000
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$945,000
7%
$875,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,065,000
Change: +93% · Conversion: Difficult
AUTO REPAIR, GARAGE
$945,000
Change: +71% · Conversion: Difficult
OFFICE BUILDING
$885,000
Change: +60% · Conversion: Easy
COMMERCIAL (GENERAL)
$615,000
Change: +11% · Conversion: Easy
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±10% · vs last sale $1.03M (Apr 19 2024)
Last sale anchor
$1.03M
Apr 19 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
$206 / 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
$15,219
Tax year 2024
Assessed value
$448,400
Assessed 2024
Previous assessed
$448,400
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$72,000
Assessed improvement
$376,400
Land market value
$72,000
Improvement market value
$376,400
Total market value
$448,400
Applied tax rate
11.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Heating
YES
Cooling
YES
Stories
1
Total area
4,980 SF
Lot
0.33 ac (14,400 SF)
Zoning code
B-5
APN
549740063625-1
UPID
US73-1978146
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$945,000
OFFICE BUILDING
Est. value
$885,000
COMMERCIAL (GENERAL)
Est. value
$615,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1987
Heating
YES
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
P & L Real Estate Group LLC
Entity
Free & Clear · 2 yrs held
Mailing address
765 N 38TH ST, ALLENTOWN, PA 18104-3376
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 19, 2024
$1,025,000
P & L Real Estate Group LLC
Bruce B Miller
Deed
—
Dec 1, 2011
$220,000
Bruce B Miller
Franchise Ents INC
Grant Deed
—
Dec 1, 2011
—
Franchise Ents INC
Miller,bruce B & Barbara C
Grant 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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