Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    270 Kleinhans St Easton, PA 18042-6712
    Back to Search
    Property profile & analytics

    270 Kleinhans St, Easton, PA 18042-6712

    View on Map
    • Specialty properties
    • 9,336 SF
    • 1.22 lot acres
    Off-Market
    Last Sale Apr 14, 2022
    $580,000
    Property ID
    US73-1122979
    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
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lehigh Valley BBQ / Restaurant
    • County Seat Spirits at Lehigh Valley BBQ / Bar & Pub

    Property Details for 270 Kleinhans St

    Year built
    1958
    Lot size
    1.22 lot acres
    Zone code
    RMD
    Property type
    Specialty properties
    APN
    L9SE3C 12 1 0310
    APU
    L9SE3C1210310

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 9, 2024 — El Club LLC — Deed · related $744k · First Northern Bank & Trust
    Apr 14, 2022 $580,000 El Club LLC San Placido Castel Di Lucio Benefic Deed —
    May 26, 2021 — San Placido Castel Di Lcio Benefici — Deed · related $28k · First Northern Bank & Trust
    Oct 26, 2017 — San Placido Castel Di Lucio Benefic — Deed · related $188k · First Northern Bank & Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $530,000
      ML approach
      $510,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $400,000
      Market price range: $230k - $703k

    • Alternative Use

      Use
      Estimation
      CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
      $460,000
      Current use
      RESTAURANT
      $760,000
      Change: +65% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $720,000
      Change: +57% Conversion: Difficult
      MEDICAL BUILDING
      $705,000
      Change: +54% Conversion: Difficult
      RETAIL STORES
      $705,000
      Change: +53% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $525,000
      Change: +14% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.2043
    Latitude
    40.6807
    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
    $16,183
    $55,000
    $101,000
    $156,000
    -
    $110,000
    $202,000
    $312,000

    Comparable in this City

    • Value Estimation by Request
      0.08 Acres

      Abbot St

      COMMERCIAL MISC
      Abbot St, Easton, PA 18042
      View Details
    • Value Estimation by Request
      1,716 SF

      110 Raubsville Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      110 Raubsville Rd, Easton, PA 18042-9746
      View Details
    • Value Estimation by Request
      2,800 SF

      246 Wilkes Barre St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      246 Wilkes Barre St, Easton, PA 18042
      View Details
    • Value Estimation
      $1,975,000
      45,166 SF

      1225 Lafayette St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      1225 Lafayette St, Easton, PA 18042-1462
      View Details
    • Value Estimation by Request
      5,062 SF

      128 11th St

      FUNERAL HOME
      128 11th St, Easton, PA 18042-3384
      View Details
    • Value Estimation by Request
      3,265 SF

      237 Nesquehoning St

      PROFESSIONAL CLUBS/ASSOCIATIONS
      237 Nesquehoning St, Easton, PA 18042-6682
      View Details

    Similar Nearby for Sale

    • $179,900
      6,750 SF

      Established Brewery Business For Sale

      Profitable brewery with loyal customer base in dynamic industrial hub.
      1247 Simon Blvd, Easton, PA 18042
      View Details
    • $900,000
      22,050 SF

      Historic Church/Sanctuary For Sale

      Historic church with soaring ceilings, stained glass, and modern addition.
      1151 Northampton St, Easton, PA 18042
      View Details
    • Contact for pricing
      3,056 SF

      Easton Investment Property For Sale

      Fully occupied three-unit property with stable cash flow in Easton.
      918 Washington St, Easton, PA 18042
      View Details
    • $135,000
      3.77 Acres

      Easton Land Opportunity

      3.77 acres across multiple lots in Easton, Pennsylvania.
      W Lafayette St, Easton, PA 18042
      View Details
    • $40,000
      0.07 Acres

      Vacant Land in Easton, PA

      Vacant lot suitable for building project in South Side Easton.
      716 W Berwick St, Easton, PA 18042
      View Details

    Similar Nearby for Lease

    • $1,300 /Mo

      231 7Th St

      Prime Office Space for Lease – Downtown Easton-Directly across from the District Courthouse
      231 7Th St, Easton, PA 18042
      View Details
    • $7 SF/Yr
      72,102 SF

      Freestanding Industrial Building For Lease

      72,102 SF industrial building with heated warehouse and solar power.
      1150 Centre St, Easton, PA 18042
      View Details
    • $3,750 /Mo
      5,766 SF

      Easton Restaurant Space Available

      Restaurant space in growing Easton, near Lafayette College and Route 22.
      701 Northampton St, Easton, PA 18042
      View Details
    • New
      $18 SF/Yr
      6,621 SF

      High-Visibility Retail/Commercial Space

      Lease a high-exposure retail/commercial space near Easton Circle with convenient street parking for customers and staff.
      414 Northampton St, Easton, PA 18042
      View Details
    • $575 /Mo
      18,339 SF

      Renovated Bank Executive Offices

      Executive offices in renovated bank with utilities included and common areas.
      1733 Washington Blvd, Easton, PA 18042
      View Details
    • $1,150 /Mo
      1,699 SF

      Retail Spaces in West Easton

      Two retail spaces available for lease in West Easton.
      704 East St, Easton, PA 18042
      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.
    270 Kleinhans St
    Easton, PA 18042-6712
    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
    270 Kleinhans St, Easton, PA, 18042
    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!