Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,170,000
Commercial real estate
215 Cedar Park Blvd Easton, PA 18042-7113
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0904597
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
2008
Total area
38,784 SF
Zoning code
RD
APN
M10 2 4-22C 0836
UPID
US73-0904597
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
Current use
Occupant on record · Public records
-
Abington Manor at Morgan Hill Nursing Home Retirement Community
-
Genesis Healthcare Physician
-
Jennifer Fejes Occupational Health Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.04M
Comparable Approach
Comparable
$7.03M
Blend (final)
Blend
$5.17M
Owner & transaction history
Pa Senior Development Partners Eas · 1 yrs held
Pa Senior Development Partners Eas
since 2025
Last sale
$5.1M
6 recorded transactions
Zoning & alternative use
RD · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.9M
+23.4%
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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%
$6,545,000
6.5%
$6,040,000
7%
$5,610,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,800,000
Current use
MEDICAL BUILDING
$5,920,000
Change: +23% · Conversion: Easy
RESTAURANT
$4,345,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$5.17M
Range $4.65M – $5.69M · ±10% · vs last sale $5.10M (Oct 2 2024)
Last sale anchor
$5.10M
Oct 2 2024
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
$133 / 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
$87,588
Tax year 2024
Assessed value
$1,201,200
Assessed 2024
Previous assessed
$1,201,200
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed improvement
$1,201,200
Improvement market value
$2,402,400
Total market value
$2,402,400
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
2008
Heating
YES
Cooling
CENTRAL
Units
90
Total area
38,784 SF
Zoning code
RD
APN
M10 2 4-22C 0836
UPID
US73-0904597
Jurisdiction
NORTHAMPTON
Zoning & alternative use
RD · Easton, PA
Zoning RD · permitted uses
RD · Easton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Easton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.8M
MEDICAL BUILDING
Est. value
$5.9M
RESTAURANT
Est. value
$4.3M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RESTAURANT
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
2008
Heating
YES
Cooling
Yes
Units
90
Current owner
From public records · entity-resolved
Pa Senior Development Partners Eas
Entity
Mailing address
215 CEDAR PARK BLVD, EASTON, PA 18042-7113
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2025
$5,103,000
Pa Senior Development Partners Eas
Sk Holdings LLC
Deed
$8,100,000 · Orrstown Bank
Sep 17, 2020
—
Sk Holdings LLC
—
Deed
related
$3,100,000 · American Bank
Aug 1, 2007
$550,000
Sk Holdings LLC
Ashley Partners
Grant Deed
$2,970,000 · Unity Bank
—
—
Sk Holdings LLC
—
Deed Of Trust
related
$1,790,000 · Unity Bank
—
—
Sk Holdings LLC
—
Deed Of Trust
related
$120,000 · Unity Bank
—
—
Sk Holdings LLC
—
Deed Of Trust
related
$1,841,000 · Delval Business Finance Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 215 Cedar Park Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
