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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Manufacturing properties
2016 Delaware Dr Mount Bethel, PA 18343-5240
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-5853193
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Total area
6,400 SF
Lot
2.58 ac (112,385 SF)
Zoning code
VC
APN
C11SE4 3 8 0131
UPID
US73-5853193
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
by Request
CAP Approach
CAP
$730k
Comparable Approach
Comparable
$434k
Blend (final)
Blend
$585k
Owner & transaction history
2016 Delaware LLC · 2 yrs held
2016 Delaware LLC
since 2024
7 recorded transactions
Zoning & alternative use
VC · Mount Bethel, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$845,000
+61.5%
Restaurant
$715,000
+36.7%
Commercial (general)
$715,000
+35.9%
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 Mount Bethel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Bethel 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$795,000
6.5%
$730,000
7%
$680,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$525,000
Current use
RETAIL STORES
$845,000
Change: +62% · Conversion: Moderate
RESTAURANT
$715,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$715,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$675,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$520,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$585k
Range $527k – $644k · ±10%
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
$91 / 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
$13,646
Tax year 2024
Assessed value
$179,200
Assessed 2024
Previous assessed
$179,200
+0.0% YoY
Effective rate
7.61%
On assessed value
Assessed land
$67,800
Assessed improvement
$111,400
Land market value
$135,600
Improvement market value
$222,800
Total market value
$358,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
6,400 SF
Lot
2.58 ac (112,385 SF)
Zoning code
VC
APN
C11SE4 3 8 0131
UPID
US73-5853193
Jurisdiction
NORTHAMPTON
Zoning & alternative use
VC · Mount Bethel, PAZoning VC · permitted uses
VC · Mount Bethel, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$525,000
RETAIL STORES
Est. value
$845,000
RESTAURANT
Est. value
$715,000
COMMERCIAL (GENERAL)
Est. value
$715,000
AUTO REPAIR, GARAGE
Est. value
$675,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$520,000
INDUSTRIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1970
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
2.58 ac
Current owner
From public records · entity-resolved
2016 Delaware LLC
Entity
Mailing address
123 NIGHTINGALE RD, BLAIRSTOWN, NJ 07825-3006
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2024
—
2016 Delaware LLC
Hillis Holdings LLC
Special Warranty Deed
$375,000 · The Fidelity Deposit & Discount Ban
Jul 15, 2019
—
Hillis Holdings LLC
—
Loan Modification
related
$7,500,000 · Essa Bk&tr
Jun 30, 2016
$435,000
Hillis Holdings LLC
Fleischer Brothers Real Estate Part
Deed
$352,000 · Lafayette Ambassador Bank
Dec 29, 2009
—
Fleischer Brothers R/e Ptshp
Fleischer Brothers R/e Ptshp
Quit Claim Deed
related
$430,000 · Lafayette Ambassador Bank
—
—
Hillis Holdings LLC
—
Deed Of Trust
related
$5,000,000 · Essa Bk&tr
—
—
Fleischer Brothers R/es Ptshp
—
Deed Of Trust
related
$35,000 · Lafayette Ambassador Bank
—
—
Hillis Holdings LLC
—
Deed Of Trust
related
$1,225,800 · Essa Bk&tr
—
—
Fleischer Brothers R/e Ptshp
—
Deed Of Trust
related
$35,000 · Lafayette Ambassador 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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