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Property profile & analytics
OFF-MARKET
Estimated value
$940,000
Manufacturing properties
24 21st St, Northampton, PA 18067-1268
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US73-1055136
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1920
Total area
14,260 SF
Lot
0.33 ac (14,355 SF)
Zoning code
C1
APN
L4SW4B 2 1 0522
UPID
US73-1055136
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
-
Dr. Thomas Roginsky Dental Office
-
Tropical Escapes Travel Agency
-
ABC Services In 123 Landscaping General Contractor
-
Samantha Partington Physician
-
Northampton County District Justice County Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$940k
Owner & transaction history
The Mathesz Family Special Needs Tr · 14 yrs held
The Mathesz Family Special Needs Tr
since 2011
6 recorded transactions
Zoning & alternative use
C1 · Northampton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+28.5%
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)
$1,170,000
Current use
AUTO REPAIR, GARAGE
$1,500,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,165,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,010,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$940k
Range $846k – $1.03M · ±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
$66 / 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
$13,962
Tax year 2024
Assessed value
$174,500
Assessed 2024
Previous assessed
$174,500
+0.0% YoY
Effective rate
8.00%
On assessed value
Assessed land
$32,600
Assessed improvement
$141,900
Land market value
$65,200
Improvement market value
$283,800
Total market value
$349,000
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
Off-Market
Year built
1920
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
14,260 SF
Lot
0.33 ac (14,355 SF)
Zoning code
C1
APN
L4SW4B 2 1 0522
UPID
US73-1055136
Jurisdiction
NORTHAMPTON
Zoning & alternative use
C1 · Northampton, PA
Zoning C1 · permitted uses
C1 · Northampton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Northampton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
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
1920
Heating
YES
Cooling
Yes
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
The Mathesz Family Special Needs Tr
Individual
Mailing address
4053 HEATHER CT, NORTHAMPTON, PA 18067-9572
Ownership since
2011
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
Mar 2, 2026
—
Mathesz Family Trust
—
Deed
related
$606,000 · People First FCU
Aug 9, 2011
—
The Mathesz Family Special Needs Tr
James Michael Mathesz
Intrafamily Transfer
related
$870,000 · People First FCU
—
—
James M Mathesz
—
Deed Of Trust
related
$450,000 · 1874 Financial Corp
—
—
James M Mathesz
—
Deed Of Trust
related
$100,000 · Knbt
—
—
James M Mathesz
—
Deed Of Trust
related
$80,000 · Penn Business Credit INC
—
—
James M Mathesz
—
Deed Of Trust
related
$150,000 · National Penn 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.
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