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Property profile & analytics
OFF-MARKET
Estimated value
$5,275,000
Strip malls
1901 12th St Allentown, PA 18103-4777
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-5948881
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1941
Total area
116,502 SF
Lot
8.49 ac (369,999 SF)
Zoning code
X
APN
640601426560-1
UPID
US73-5948881
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
-
Add Onz Vehicle Accessories Auto Parts Store
-
Bill's Cooperative (Bike/Boat/Book/etc) Store
-
Allentown Victory Church
-
A-Town Embroidery and Prints (Bike/Boat/Book/etc) Store Printing Service
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.28M
Owner & transaction history
Wip Allentown Redevelopment Qoz B L · 2 yrs held
Wip Allentown Redevelopment Qoz B L
since 2024
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
X · 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
$5,275,000
ML approach
$5,275,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$4,100,000
Current use
Blend value · Realmo final
$5.28M
Range $4.75M – $5.80M · ±10% · vs last sale $5.28M (Apr 5 2024)
Last sale anchor
$5.28M
Apr 5 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
$45 / 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
$103,660
Tax year 2024
Assessed value
$2,937,300
Assessed 2024
Previous assessed
$2,937,300
+0.0% YoY
Effective rate
3.53%
On assessed value
Assessed land
$679,500
Assessed improvement
$2,257,800
Land market value
$679,500
Improvement market value
$2,257,800
Total market value
$2,937,300
Applied tax rate
19.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1941
Heating
YES
Cooling
YES
Buildings
3
Stories
2
Total area
116,502 SF
Lot
8.49 ac (369,999 SF)
Zoning code
X
APN
640601426560-1
UPID
US73-5948881
Jurisdiction
LEHIGH
Zoning & alternative use
X · Allentown, PA
Zoning X · permitted uses
X · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$4.1M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1941
Heating
YES
Cooling
Yes
Stories
2
Buildings
3
Lot
8.49 ac
Current owner
From public records · entity-resolved
Wip Allentown Redevelopment Qoz B L
Individual
Mailing address
100 PASSAIC AVE STE #240, FAIRFIELD, NJ 07004-3508
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2024
$5,275,000
Wip Allentown Redevelopment Qoz B L
Denise M Dauria Roche
Deed
—
Apr 18, 2019
—
Roche Partnership LLP
—
Deed
related
$1,618,557 · Unity Bank
Jul 29, 2016
—
Roche Partnership LLP
—
Deed
related
$300,000 · Unity Bank
Sep 13, 2004
$3,095,000
Roche Ptshp
Sipps LLC
Grant Deed
$2,150,000 · Unity Bank
—
—
George G Sipp
—
Deed Of Trust
related
$900,000 · National Penn Bank
—
—
George G Sipp
—
Deed Of Trust
related
$900,000 · National Penn Bank
—
—
Allan H Sipp
—
Deed Of Trust
related
$900,000 · National Penn Bank
—
—
Denise M|roche Michael C Dauria-roche
—
Loan Modification
related
—
—
—
Roche Ptshp
—
Deed Of Trust
related
$50,000 · Unity 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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