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    Property profile & analytics

    2 Ludlow St Summit Hill, PA 18250-1123

    • Retail space
    • 1,592 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $210,000
    Location Intelligence
    Property ID
    US73-0498123
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Russo's Pizzeria / Pizza Restaurant / Delivery Restaurant

    Property Details for 2 Ludlow St

    Year built
    1900
    Lot size
    0.04 lot acres
    Property size
    1,592 SF
    Property type
    Retail space
    APN
    123B-53-K17
    APU
    123B53K17

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Summit Hill
    County
    Carbon
    State
    Pennsylvania
    Longitude
    -75.8715
    Latitude
    40.8251
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,908
    $5,350
    $24,693
    $30,043
    -
    $10,700
    $49,386
    $60,086

    Comparable in this City

    • Value Estimation by Request
      1,068 SF

      17 Pne St

      RETAIL STORES (PERSONAL SERVICES) • 1,068 SF
      17 Pne St, Summit Hill, PA 18250-1315
      View Details
    • Value Estimation
      $60,000
      1,554 SF

      250 Pne St

      RETAIL STORES (PERSONAL SERVICES) • 1,554 SF
      250 Pne St, Summit Hill, PA 18250-1345
      View Details
    • Value Estimation
      $225,000
      0.09 Acres

      46 Ludlow St

      RETAIL STORES (PERSONAL SERVICES) • 0.09 Acres
      46 Ludlow St, Summit Hill, PA 18250-1123
      View Details
    • Value Estimation
      $200,000
      2,320 SF

      2 Ludlow St

      FINANCIAL BUILDING • 2,320 SF
      2 Ludlow St, Summit Hill, PA 18250-1231
      View Details
    • Value Estimation by Request
      0.04 Acres

      19 Market St

      RESTAURANT • 0.04 Acres
      19 Market St, Summit Hill, PA 18250-1132
      View Details
    • Value Estimation
      $205,000
      1,092 SF

      127 Amidon St

      PARKING GARAGE, PARKING STRUCTURE • 1,092 SF
      127 Amidon St, Summit Hill, PA 18250-1502
      View Details

    Similar Nearby for Sale

    • $595,000

      SUMMIT HILL Commercial Sale Opportunity

      Bar/Restaurant with rental rooms and hotel liquor license for sale.
      204 W Ludlow St, Summit Hill, PA 18250
      View Details
    • $595,000
      5,000 SF

      Summit Hill Tavern & Restaurant

      Turnkey Bar/Restaurant with Hotel Rooms
      204 Ludlow St, Summit Hill, PA 18250
      View Details
    • $325,000
      Pending

      Summit Hill Multifamily Investment Property

      Well-maintained five-unit apartment building in Summit Hill, Pennsylvania.
      137 E White St, Summit Hill, PA 18250
      View Details
    • New
      $275,000
      3.13 Acres

      Land with Lake View

      3 acres of land with lake view near Jim Thorpe.
      419 E White Bear Dr, Summit Hill, PA 18250
      View Details
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    2 Ludlow St
    Summit Hill, PA 18250-1123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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