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Property profile & analytics
OFF-MARKET
Investment properties
2340 Pa Rte 309 Orefield, PA 18069-9639
Individually Owned
2-yr Hold
Property ID
US73-0194540
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1981
Construction
FRAME
Total area
3,259 SF
Lot
0.89 ac (38,610 SF)
Zoning code
R-3
APN
547707353048-1
UPID
US73-0194540
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Eric S Dorman · 2 yrs held
Eric S Dorman
since 2024
Last sale
$314,000
7 recorded transactions
Zoning & alternative use
R-3 · Orefield, 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 Orefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orefield 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
$7,569
Tax year 2024
Assessed value
$322,100
Assessed 2024
Previous assessed
$322,100
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$156,500
Assessed improvement
$165,600
Land market value
$156,500
Improvement market value
$165,600
Total market value
$322,100
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
1981
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Rooms
11
Bathrooms
6
Total area
3,259 SF
Lot
0.89 ac (38,610 SF)
Zoning code
R-3
APN
547707353048-1
UPID
US73-0194540
Jurisdiction
LEHIGH
Zoning & alternative use
R-3 · Orefield, PA
Zoning R-3 · permitted uses
R-3 · Orefield, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Orefield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Rooms
11
Bathrooms
6
Lot
0.89 ac
Current owner
From public records · entity-resolved
Eric S Dorman
Individual
Mailing address
2340 PA RTE 309, OREFIELD, PA 18069-9639
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Dec 31, 2024
—
Eric S Dorman
—
Deed
related
$170,000 · Corning FCU
Aug 13, 2024
—
Eric S Dorman
—
Deed
related
$235,500 · Consumer Trust Mortgage Corporation
May 6, 2024
—
Eric S Dorman
Eric S Dorman
Intrafamily Transfer
related
—
May 13, 2019
$314,000
Eric S Dorman
Zhi Hong Zheng
Deed
$235,500 · Consumer Trust Mortgage Corporation
Nov 1, 2005
$318,000
Zhi-hong Zheng
Lerner,benjamin F & Sheri D
Grant Deed
$254,400 · Mortgageit INC
Mar 17, 2004
—
Benjamin F Lerner
Lerner,benjamin F & Sheri D
Quit Claim Deed
related
—
Apr 1, 1998
$180,000
Sheri D Schantzenbach
Molinaro,james D
Grant Deed
$126,000 · First Republic Mortgage
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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