Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    246 Main St Slatington, PA 18080-1535

    • Office buildings
    • 2,736 SF
    • 0.15 lot acres
    OFF-MARKET
    Last Sale
    Jan 08, 2020
    $385,000
    Value Estimations
    $505,000
    Show details
    Cap Rate Potential
    4.2%
    Office buildings
    Location Intelligence
    Property ID
    US73-3057477
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Prudential Financial / Insurance Agency
    • JCS Health Care Services, Inc. / Home Health Care Service
    • JobConnection Services, Inc. / Employment Agency
    • JCS Professional Staffing / Employment Agency
    • JCS Business Solutions, Inc. / Employment Agency / Small Claims Assistance Service

    Property Details for 246 Main St

    Year built
    1984
    Lot size
    0.15 lot acres
    Property size
    2,736 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    556224021964-1
    APU
    5562240219641

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $505,000
      ML approach
      $445,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Slatington
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.6076
    Latitude
    40.7528
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,468
    $12,900
    $110,700
    $123,600
    -
    $12,900
    $110,700
    $123,600

    Comparable in this City

    • Value Estimation
      $260,000
      5,426 SF

      221 2nd St

      OFFICE BUILDING • 5,426 SF
      221 2nd St, Slatington, PA 18080-1813
      View Details
    • Value Estimation
      $290,000
      4,256 SF

      3320 Church St

      OFFICE BUILDING • 4,256 SF
      3320 Church St, Slatington, PA 18080-3843
      View Details
    • Value Estimation
      $630,000
      1,040 SF

      4162 Best Sta Rd

      OFFICE BUILDING • 1,040 SF
      4162 Best Sta Rd, Slatington, PA 18080-3751
      View Details
    • Value Estimation
      $95,000
      928 SF

      6751 Pa Rte 873

      OFFICE BUILDING • 928 SF
      6751 Pa Rte 873, Slatington, PA 18080-3239
      View Details
    • Value Estimation
      $290,000
      3,816 SF

      375 Cherry St

      PROFESSIONAL BUILDING (MULTI-STORY) • 3,816 SF
      375 Cherry St, Slatington, PA 18080-2007
      View Details
    • Value Estimation
      $325,000
      2,772 SF

      3300 Hl Rd

      OFFICE BUILDING • 2,772 SF
      3300 Hl Rd, Slatington, PA 18080-3849
      View Details

    Similar Nearby for Sale

    • $7,200,000
      63,946 SF

      Lehigh Valley Industrial Facility

      13.9-acre industrial facility suitable for manufacturing or distribution.
      364 Cherry St, Slatington, PA 18080
      View Details
    • $825,000
      52.04 Acres

      Scenic Land Overlooking Blue Mountain

      52.04 acres with potential for homesite and agricultural use.
      9170 N Loop Rd, Slatington, PA 18080
      View Details
    • New
      Contact for pricing
      Pending

      Residential Land in Slatington, PA

      Residential land for building in a tranquil Slatington setting.
      402 7Th St, Slatington, PA 18080
      View Details
    • $225,000
      1,196 SF

      Slatington Boro Multifamily Investment Property

      Two-unit property in Slatington Boro, PA, great investment opportunity.
      1239 4Th St, Slatington, PA 18080
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr

      Slatington Commercial Space Available

      New commercial spaces available in Slatington Farmers Market.
      8281 Pa Route 873, Slatington, PA 18080
      View Details
    • New
      $25 SF/Yr
      106,853 SF

      Retail Strip Center on Route 873

      Proposed retail spaces available in Slatington, PA with high visibility.
      8123 Rte 873, Slatington, PA 18080
      View Details
    • New
      $25 SF/Yr
      106,853 SF

      New Retail Strip Center

      Proposed retail spaces available in Slatington, PA with high visibility.
      8123 Rte 873, Slatington, PA 18080
      View Details
    • New
      $25 SF/Yr
      106,853 SF

      Retail Strip Center on Route 873

      Proposed retail strip center with spaces from 1,464 to 2,015 SF.
      8123 Rte 873, Slatington, PA 18080
      View Details
    • $900 /Mo

      Affordable Retail Space in Slatington

      Small business opportunity with foot traffic in Slatington Boro.
      243 S Walnut St, Slatington, PA 18080
      View Details
    • New
      $25 SF/Yr
      106,853 SF

      Retail Strip Center on Route 873

      Proposed 8,750 SF retail strip center with high visibility.
      8123 Rte 873, Slatington, PA 18080
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    246 Main St
    Slatington, PA 18080-1535
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.