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Property profile & analytics
OFF-MARKET
Estimated value
$2,490,000
Golf courses & driving ranges
235 Moorestown Dr Bath, PA 18014-1405
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1573323
Property summary
AI-generated overview
This exceptional 9,000-square-foot restaurant and banquet facility presents a rare leasing opportunity. Located at the prestigious Southmore Golf Course in Bath, Pennsylvania (zip code 18014), this single-tenant property boasts majestic views and ample parking. Built in 1900, the building features spectacular architecture, including decorative patios and balconies, and a grand front entrance. The interior offers multiple entertaining areas, a fully equipped kitchen, and a bar area. The flexible layout allows for simultaneous events or can be opened to accommodate large functions. A lower level provides multiple private areas ideal for smaller gatherings or wedding parties. Currently, 1,900 square feet are vacant within the total 9,000 square feet. This prime location in Northampton County offers the potential to become a premier wedding venue in the thriving Lehigh Valley. The property's unique features and convenient location make it an exceptional investment opportunity.
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1995
Total area
8,224 SF
Lot
48.01 ac (2,091,446 SF)
Zoning code
I
APN
J6 10 2 0520
UPID
US73-1573323
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
-
Southmoore Golf Course Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.49M
Owner & transaction history
Waters Edge At Wind Gap LLC · 4 yrs held
Waters Edge At Wind Gap LLC
since 2021
Last sale
$2.6M
6 recorded transactions
Zoning & alternative use
I · Bath, 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 Bath submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bath 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
$2,230,000
ML approach
$2,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.49M
Range $2.24M – $2.74M · ±10% · vs last sale $2.63M (Dec 28 2021)
Last sale anchor
$2.63M
Dec 28 2021
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
$303 / 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
$13,429
Tax year 2024
Assessed value
$185,200
Assessed 2024
Previous assessed
$185,200
+0.0% YoY
Effective rate
7.25%
On assessed value
Assessed land
$140,100
Assessed improvement
$45,100
Land market value
$280,200
Improvement market value
$90,200
Total market value
$370,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1995
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
1
Total area
8,224 SF
Lot
48.01 ac (2,091,446 SF)
Zoning code
I
APN
J6 10 2 0520
UPID
US73-1573323
Jurisdiction
NORTHAMPTON
Zoning & alternative use
I · Bath, PA
Zoning I · permitted uses
I · Bath, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bath. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Lot
48.01 ac
Current owner
From public records · entity-resolved
Waters Edge At Wind Gap LLC
Entity
Mailing address
106 BICKERT LN, NAZARETH, PA 18064-7904
Ownership since
2021
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
Dec 28, 2021
$2,630,000
Waters Edge At Wind Gap LLC
Hillsmgc LLC
Deed
—
Dec 27, 2021
—
Hill Smgc LLC
Smgc LLC
Deed
—
May 18, 2016
$933,853
Hill Smgc LLC
Smgc LLC
Deed
$1,500,000 · First Northern Bank & Trust
Feb 2, 2006
$250,000
Frank Depaulo
Jones,ethel I
Grant Deed
$325,000 · 1st National Palmerton
—
—
Frank Depaulo
—
Deed Of Trust
related
$60,000 · First National Bank Palmerton
—
—
Smgc LLC
—
Deed Of Trust
related
$4,715,000 · First Northern Bank & Trust Co
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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