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Property profile & analytics
OFF-MARKET
Bars & Pubs
202 Main St Nazareth, PA 18064-2708
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-0387088
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1838
Total area
8,400 SF
Lot
0.22 ac (9,600 SF)
Zoning code
LI
APN
J7SE3D 9 1 0421
UPID
US73-0387088
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mehmedali Kondouz · 5 yrs held
Mehmedali Kondouz
since 2020
Last sale
$406,000
1 recorded transaction
Zoning & alternative use
LI · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
§408. LI District; Light Industrial. The purpose of this zoning district is to provide an area suitable for manufacturing uses relative to utility availability, adjoining land uses and access. 1. Permitted Principal Uses. A. Any manufacturing or assembly operation meeting the performance standards of this
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
58.47 ac
Source
CHAPTER 27 ZONING
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 Nazareth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nazareth 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,774
Tax year 2024
Assessed value
$79,400
Assessed 2024
Previous assessed
$79,400
+0.0% YoY
Effective rate
8.53%
On assessed value
Assessed land
$31,100
Assessed improvement
$48,300
Land market value
$62,200
Improvement market value
$96,600
Total market value
$158,800
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1838
Heating
YES
Cooling
NONE
Stories
1
Rooms
23
Total area
8,400 SF
Lot
0.22 ac (9,600 SF)
Zoning code
LI
APN
J7SE3D 9 1 0421
UPID
US73-0387088
Jurisdiction
NORTHAMPTON
Zoning & alternative use
LI · Nazareth, PAZoning LI · permitted uses
LI · Nazareth, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
§408. LI District; Light Industrial. The purpose of this zoning district is to provide an area suitable for manufacturing uses relative to utility availability, adjoining land uses and access. 1. Permitted Principal Uses. A. Any manufacturing or assembly operation meeting the performance standards of this
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
58.47 ac
Source
CHAPTER 27 ZONING
Building & site characteristics
From public records
Year built
1838
Heating
YES
Cooling
Yes
Stories
1
Rooms
23
Lot
0.22 ac
Current owner
From public records · entity-resolved
Mehmedali Kondouz
Individual
Mailing address
4215 SULLIVAN TRL REAR, EASTON, PA 18040-6654
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2020
$406,000
Mehmedali Kondouz
Rosemarie Theresa Gonzalez
Deed
$284,000 · First Keystone Community 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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