Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2550 31st SW St Allentown, PA 18103-7314
    Back to Search
    Property profile & analytics

    2550 31st SW St, Allentown, PA 18103-7314

    View on Map
    • Auto shops
    • 2,011 SF
    • 0.86 lot acres
    Off-Market
    Last Sale Jun 21, 2022
    $114,954
    Property ID
    US73-1131035
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Auto shops

    Property Details for 2550 31st SW St

    Year built
    1945
    Lot size
    0.86 lot acres
    Zone code
    R3
    Property type
    Auto shops
    APN
    549592497560-1
    APU
    5495924975601

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 21, 2022 $114,954 Crown Pointe Property LLC Robert S Erney Deed —
    Jun 6, 2022 — Robert S Erney Robert S Erney Intrafamily Transfer · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.479
    Latitude
    40.5545
    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
    $2,506
    $52,600
    $30,700
    $83,300
    -
    $52,600
    $30,700
    $83,300

    Comparable in this City

    • Value Estimation
      $7,315,000
      48,816 SF

      1730 Vultee St

      AUTO REPAIR, GARAGE
      1730 Vultee St, Allentown, PA 18103-4741
      View Details
    • Value Estimation
      $2,775,000
      23,145 SF

      1332 Lehigh St, Unit 1360

      AUTO REPAIR, GARAGE
      1332 Lehigh St, Allentown, PA 18103-3810
      View Details
    • Value Estimation by Request
      832 SF

      422-426 Lehigh St

      AUTO REPAIR, GARAGE
      422-426 Lehigh St, Allentown, PA 18103
      View Details
    • Value Estimation by Request
      4,940 SF

      1615 4th St, Unit 1625

      AUTO REPAIR, GARAGE
      1615 4th St, Allentown, PA 18103-4921
      View Details
    • Value Estimation by Request
      1,125 SF

      821 5th St

      AUTO REPAIR, GARAGE
      821 5th St, Allentown, PA 18103-3307
      View Details
    • Value Estimation by Request
      2,882 SF

      1009-1013 Cumberland St

      AUTO REPAIR, GARAGE
      1009-1013 Cumberland St, Allentown, PA 18103
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Equipped Service Garage with U-Haul

      Fully equipped service garage with U-Haul agreement for sale.
      2920 W Emaus Ave, Allentown, PA 18103
      View Details
    • Contact for pricing
      8,131 SF

      Freestanding Retail Building on 1.75 Acres

      Freestanding retail building on 1.75 acres with ample parking.
      3750 Hamilton Blvd, Allentown, PA 18103
      View Details
    • $899,000
      3,898 SF

      Mixed-Use Property For Sale

      Income-producing mixed-use property suitable for retail, office, or residential use.
      3144 Hamilton Boulevard Byp, Allentown, PA 18103
      View Details
    • $899,000
      3,898 SF

      Mixed-Use Property with Retail Space

      Income-producing mixed-use property with retail/office space and apartments.
      3144 Hamilton Boulevard Byp, Allentown, PA 18103
      View Details
    • Contact for pricing
      7,055 SF

      Established Daycare Facility For Sale

      Well-maintained daycare property with updated facilities and secure outdoor play.
      2302-2310 S 5Th St, Allentown, PA 18103
      View Details
    • Contact for pricing

      2.02 Acres on Lehigh Street

      2.02 acres with 2,380 SF building for sale/lease.
      1425 Lehigh St, Allentown, PA 18103
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Allentown Parking Lot For Rent

      One-acre parking lot near I-78, suitable for trucks.
      1802 S 12Th St, Allentown, PA 18103
      View Details
    • $1,350 /Mo

      Commercial Space in Allentown, PA

      Clean commercial space in Allentown, PA, ready for customization.
      1911 S Bradford St, Allentown, PA 18103
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Near Dorney Park

      High-visibility retail space with access to major roadways and attractions.
      3227 Hamilton Blvd, Allentown, PA 18103
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space Near Dorney Park

      Retail space with high visibility and access in Allentown, PA.
      3227-3339 Hamilton Blvd, Allentown, PA 18103
      View Details
    • $20 SF/Yr
      562,403 SF

      Allentown Retail Space For Lease

      Retail spaces available in Allentown's South Mall shopping destination.
      3300 Lehigh St, Allentown, PA 18103
      View Details
    • $20 SF/Yr

      Retail Space in South Mall

      Retail spaces available in Allentown's active South Mall.
      3300 Lehigh St, Allentown, PA 18103
      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.
    2550 31st SW St
    Allentown, PA 18103-7314
    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

    Thank You for Inquiry
    2550 31st SW St, Allentown, PA, 18103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!