Property profile

2040 Hamilton St 2052 Allentown, PA 18104

OFF-MARKET
Retail space
Property ID
US73-1734109
7,617 SF 0.83 ac lot Built 1948
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 7,617 SF
Lot 0.83 ac (36,198 SF)
Zoning code B-3
APN 549637215607-1
UPID US73-1734109

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service General Contractor
  • Hardware & Home Improvement Kitchen & Bath Showroom

Location

2040 Hamilton St, Unit 2052 Allentown, PA 18104-6402
Allentown metro Census 2302 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$440k
CAP Approach CAP
by Request
Comparable Approach Comparable
$731k
Blend (final) Blend
$440k

Owner & transaction history

since 2017
7 recorded transactions
2017
Price N/A
2016
Price N/A
2016
Price N/A
2015
$440,000
2007
$502,632
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-3 · Allentown, PA
Zoning description

IG- or IM-zoned lots or on lots that were classified in the B-3 zoning district on the day before the effective date specified 10-11 CITY OF ALLENTOWN PA Zoning Ordinance Article 10 Signs 660-101 Signs in MX-C, MX-S, GX-…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $945,000 +11.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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