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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Investment properties
207-211 7th St, Allentown, PA 18102
Individually Owned
25-yr Hold
Free & Clear
Property ID
US73-2231842
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1890
Construction
BRICK
Total area
5,023 SF
Lot
0.21 ac (9,020 SF)
Zoning code
B1/R
APN
640701750647-1
UPID
US73-2231842
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
$365k
CAP Approach
CAP
$755k
Comparable Approach
Comparable
$527k
Blend (final)
Blend
$555k
Owner & transaction history
Konstantinos Anenoglou · 25 yrs held
Konstantinos Anenoglou
since 2001
2 recorded transactions
Zoning & alternative use
B1/R · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$570,000
+12.4%
Office building
$530,000
+4.0%
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
by Request
ML approach
$365,000
CAP Approach
CAP Return
Estimation
6%
$820,000
6.5%
$755,000
7%
$700,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$510,000
Current use
APARTMENT HOUSE (5+ UNITS)
$570,000
Change: +12% · Conversion: Moderate
OFFICE BUILDING
$530,000
Change: +4% · Conversion: Easy
RETAIL STORES
$480,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$110 / 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
$9,377
Tax year 2024
Assessed value
$264,700
Assessed 2024
Previous assessed
$264,700
+0.0% YoY
Effective rate
3.54%
On assessed value
Assessed land
$63,100
Assessed improvement
$201,600
Land market value
$63,100
Improvement market value
$201,600
Total market value
$264,700
Applied tax rate
5.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1890
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
1
Rooms
21
Bathrooms
12
Total area
5,023 SF
Lot
0.21 ac (9,020 SF)
Zoning code
B1/R
APN
640701750647-1
UPID
US73-2231842
Jurisdiction
LEHIGH
Zoning & alternative use
B1/R · Allentown, PA
Zoning B1/R · permitted uses
B1/R · 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
COMMERCIAL (GENERAL) Current
Est. value
$510,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$570,000
OFFICE BUILDING
Est. value
$530,000
RETAIL STORES
Est. value
$480,000
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
RETAIL STORES
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
1890
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
1
Rooms
21
Bathrooms
12
Lot
0.21 ac
Current owner
From public records · entity-resolved
Konstantinos Anenoglou
Individual
Free & Clear · 25 yrs held
Mailing address
209 N 7TH ST, ALLENTOWN, PA 18102-4023
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 17, 2001
—
Konstantinos Anenoglou
Anenoglou,konstantinos & Gail
Quit Claim Deed
related
—
Apr 1, 1999
$145,000
Konstantinos Anenoglou
Chromiak,rose
Grant Deed
$105,000 · Seller
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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