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Property profile & analytics
FOR LEASE
Auto shops
2340 Schoenersville Rd, Allentown, PA 18109
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-1916876
For Lease
1 / 3
$16,000/Mo
2340 Schoenersville Rd, Allentown, PA 18109
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1961
Total area
4,320 SF
Lot
2.31 ac (100,624 SF)
Zoning code
PC
APN
641941286650-1
UPID
US73-1916876
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
-
Innovative Truck Services Auto Repair Shop
-
A&C Truck Repair Hardware & Home Improvement General Contractor
-
A&C TRUCK REPAIR LLC Auto Repair Shop
-
Campion Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$395k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$624k
Blend (final)
Blend
$510k
Owner & transaction history
Blue Barn Realty LLC · 8 yrs held
Blue Barn Realty LLC
since 2018
7 recorded transactions
Zoning & alternative use
PC · 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
Method
Estimation
Statistic approach
by Request
ML approach
$395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$820,000
Current use
OFFICE BUILDING
$755,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±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
$118 / 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
$25,737
Tax year 2024
Assessed value
$1,045,600
Assessed 2024
Previous assessed
$1,045,600
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$528,300
Assessed improvement
$517,300
Land market value
$528,300
Improvement market value
$517,300
Total market value
$1,045,600
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1961
Heating
FORCED AIR
Buildings
3
Stories
1
Total area
4,320 SF
Lot
2.31 ac (100,624 SF)
Zoning code
PC
APN
641941286650-1
UPID
US73-1916876
Jurisdiction
LEHIGH
Zoning & alternative use
PC · Allentown, PA
Zoning PC · permitted uses
PC · 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
AUTO REPAIR, GARAGE Current
Est. value
$820,000
OFFICE BUILDING
Est. value
$755,000
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
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
1961
Heating
FORCED AIR
Stories
1
Buildings
3
Lot
2.31 ac
Current owner
From public records · entity-resolved
Blue Barn Realty LLC
Entity
Mailing address
1030 BLUE BARN RD, ALLENTOWN, PA 18104-9212
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
—
Blue Barn Realty LLC
—
Deed
related
$1,500,000 · Dime Bk
Jan 26, 2018
$955,000
Blue Barn Realty LLC
Van Why,robert M JR & Sharon E
Grant Deed
$1,155,000 · Peoples Sec Bk&tr
—
—
Robert M Vanwhy
—
Deed Of Trust
related
$21,000 · Pnc Bank
—
—
Robert Vanwhy JR.
—
Deed Of Trust
related
$175,000 · Neffs National Bank
—
—
Robert Vanwhy JR.
—
Deed Of Trust
related
$425,000 · Neffs National Bank
—
—
Micro Fleet Services INC
—
Deed Of Trust
related
$300,000 · Neffs National Bank
—
—
Robert M Vanwhy
—
Deed Of Trust
related
$100,000 · Allfirst Bank
—
—
Robert M Vanwhy
—
Deed Of Trust
related
$56,000 · Allfirst Bank
—
—
Robert M Van Why
—
Deed Of Trust
related
$56,000 · Allfirst Bank
—
—
Robert M Van Why
—
Deed Of Trust
related
$56,000 · Manufacturers Traders & Trust
—
—
Robert M Vanwhy JR.
—
Deed Of Trust
related
$67,000 · Manufacturers Traders & Trust
—
—
Blue Barn Realty LLC
—
Deed Of Trust
related
$1,500,000 · Dime 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.
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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