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Property profile & analytics
OFF-MARKET
Office buildings
2200 Irving St Allentown, PA 18109-9554
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1097601
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
27,468 SF
Lot
3.08 ac (134,121 SF)
Zoning code
PIO
APN
640874030200-1
UPID
US73-1097601
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
-
McCann School of Business & Technology Vocational School Training Center
-
The Spa at McCann Alternative Medicine Practice Spa & Massage Center
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
Lv Exectuive Campus Owner LLC · 4 yrs held
Lv Exectuive Campus Owner LLC
since 2022
Last sale
$20.9M
7 recorded transactions
Zoning & alternative use
PIO · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
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
$62,234
Tax year 2024
Assessed value
$2,528,300
Assessed 2024
Previous assessed
$2,528,300
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$307,900
Assessed improvement
$2,220,400
Land market value
$307,900
Improvement market value
$2,220,400
Total market value
$2,528,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Heating
YES
Cooling
YES
Stories
1
Total area
27,468 SF
Lot
3.08 ac (134,121 SF)
Zoning code
PIO
APN
640874030200-1
UPID
US73-1097601
Jurisdiction
LEHIGH
Zoning & alternative use
PIO · Allentown, PA
Zoning PIO · permitted uses
PIO · 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.
Building & site characteristics
From public records
Year built
1987
Heating
YES
Cooling
Yes
Stories
1
Lot
3.08 ac
Current owner
From public records · entity-resolved
Lv Exectuive Campus Owner LLC
Entity
Mailing address
500 FRANK W BURR BLVD STE #47, TEANECK, NJ 07666-6802
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2022
$20,867,394
Lv Exectuive Campus Owner LLC
Lehigh Valley Flex Park LLC
Special Warranty Deed
$21,000,000 · Signature Bank
Mar 18, 2020
$18,590
Lehigh Valley Flex Park LLC
Lehigh Vly Cd Executive
Grant Deed
related
$23,250 · Oceanfirst Bk
Jun 20, 2016
—
Cd Lehigh Valley Executive Cam
—
Deed
related
$12,300,000 · Valley Nat'l Bk
Oct 16, 2014
—
Lehigh Valley Cd Executive
—
Grant Deed
related
$9,400,000 · Capital One NA
May 7, 2012
—
Lehigh Valley Cd Executive
—
Deed Of Trust
related
$18,800,000 · Us Bank NA #2007-gg10 (ce)
—
—
Lehigh Valley Cd Executive
—
Loan Modification
related
$18,800,000 · Us Bank NA #2007-gg10 (ce)
—
—
Cd Lehigh Valley Executive Cam
—
Deed Of Trust
related
$12,300,000 · Valley Nat'l Bk
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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