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Property profile & analytics
FOR LEASE
Manufacturing properties
226 W 27Th St Northampton, PA 18067
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-0388960
For Lease
1 / 8
$7.25 SF/Yr
226 W 27Th St, Northampton, PA 18067
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1956
Total area
20,171 SF
Lot
5.25 ac (228,690 SF)
Zoning code
R2
APN
L4 7 1 0522
UPID
US73-0388960
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
-
Harrisons Industrial Products Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.40M
Blend (final)
Blend
$1.24M
Owner & transaction history
Shah Realty LLC · 16 yrs held
Shah Realty LLC
since 2010
7 recorded transactions
Zoning & alternative use
R2 · Northampton, 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 Northampton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Northampton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,655,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,645,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,430,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$61 / 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
$17,074
Tax year 2024
Assessed value
$213,400
Assessed 2024
Previous assessed
$213,400
+0.0% YoY
Effective rate
8.00%
On assessed value
Assessed land
$69,000
Assessed improvement
$144,400
Land market value
$138,000
Improvement market value
$288,800
Total market value
$426,800
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1956
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
20,171 SF
Lot
5.25 ac (228,690 SF)
Zoning code
R2
APN
L4 7 1 0522
UPID
US73-0388960
Jurisdiction
NORTHAMPTON
Zoning & alternative use
R2 · Northampton, PAZoning R2 · permitted uses
R2 · Northampton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.4M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1956
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
5.25 ac
Current owner
From public records · entity-resolved
Shah Realty LLC
Entity
Mailing address
731 GRV AVE, EDISON, NJ 08820-2721
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 26, 2022
—
Shah Realty LLC
—
Deed
related
$2,500,000 · First Commonwealth FCU
Apr 12, 2022
—
Shah Realty LLC
—
Deed
related
$505,000 · First Commonwealth FCU
Jul 27, 2010
—
Shah Realty LLC
Shah,ashok H
Quit Claim Deed
—
May 18, 2009
$280,000
Ashok H Shah
Sheriff Of Northampton County
Trustees Deed
related
—
—
—
Shah Realty LLC
—
Deed Of Trust
related
$950,000 · Pnc Bank
—
—
Shah Realty LLC
—
Deed Of Trust
related
$625,000 · Pnc Bank
—
—
Dent Manufacturing INC
—
Deed Of Trust
related
$500,000 · Keystone Nazareth Bank & Trust
—
—
Shah Realty LLC
—
Deed Of Trust
related
$500,000 · Skylands 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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