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Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Commercial real estate
29 Main St Hellertown, PA 18055-1742
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-5867859
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Year built
1997
Total area
5,430 SF
Lot
0.3 ac (13,215 SF)
Zoning code
SC
APN
R7 5 6A 0715
UPID
US73-5867859
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
-
Hellertown Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
29 Main Prop LLC · 3 yrs held
29 Main Prop LLC
since 2023
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
SC · Hellertown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
IV Districts and Boundaries § 450-8 Classes of districts. § 450-9 District boundaries. § 450-9.1 Conditional uses. § 450-10 R-1 Residential. § 450-11 R-2 Residential. § 450-12 M Mixed. § 450-13 TC Town Center. § 450-14 SC Shopping Center. § 450-15 I Industrial. § 450-16 C Conservation. § 450-17 HC Highway Commercial District. § 450-17.1 Flexible Redevelopmen…
Zone name
Shopping Center
General category
COMMERCIAL
Zone area
87.08 ac
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 Hellertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hellertown 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
$1,805,000
ML approach
$1,970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.85M
Range $1.66M – $2.03M · ±10% · vs last sale $1.80M (Jan 18 2023)
Last sale anchor
$1.80M
Jan 18 2023
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
$340 / 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
$15,757
Tax year 2024
Assessed value
$181,200
Assessed 2024
Previous assessed
$181,200
+0.0% YoY
Effective rate
8.70%
On assessed value
Assessed improvement
$181,200
Improvement market value
$362,400
Total market value
$362,400
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
Commercial real estate
Use group
COMMERCIAL CONDOMINUIM
Status
Off-Market
Year built
1997
Heating
YES
Cooling
CENTRAL
Total area
5,430 SF
Lot
0.3 ac (13,215 SF)
Zoning code
SC
APN
R7 5 6A 0715
UPID
US73-5867859
Jurisdiction
NORTHAMPTON
Zoning & alternative use
SC · Hellertown, PAZoning SC · permitted uses
SC · Hellertown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
IV Districts and Boundaries § 450-8 Classes of districts. § 450-9 District boundaries. § 450-9.1 Conditional uses. § 450-10 R-1 Residential. § 450-11 R-2 Residential. § 450-12 M Mixed. § 450-13 TC Town Center. § 450-14 SC Shopping Center. § 450-15 I Industrial. § 450-16 C Conservation. § 450-17 HC Highway Commercial District. § 450-17.1 Flexible Redevelopment Overlay District. § 450-17.2 TrOO Trail Oriented Overlay District. Article V Su
Zone name
Shopping Center
General category
COMMERCIAL
Zone area
87.08 ac
Building & site characteristics
From public records
Year built
1997
Heating
YES
Cooling
Yes
Lot
0.3 ac
Current owner
From public records · entity-resolved
29 Main Prop LLC
Entity
Mailing address
1439 HIGH ST, BETHLEHEM, PA 18018-2510
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2023
$1,800,000
29 Main Prop LLC
Nefely LLC
Deed
$2,045,000 · Berkshire Bank
Jun 21, 2019
—
Nefely LLC
—
Deed
related
$60,000 · The Neffs National Bank
Jan 18, 2019
—
Nefely LLC
—
Deed
related
$155,000 · The Neffs National Bank
Apr 1, 2013
—
Nefely LLC
—
Deed Of Trust
related
$1,120,000 · Neffs National Bank
Apr 2, 2009
$1,375,000
Nefely LLC
Klados,drakos & Christine
Grant Deed
$1,115,000 · Susquehanna Bank
Sep 24, 2007
$600,000
Drakos Klados
Hellertown Ptshp
Grant Deed
$480,000 · Vipul Shah
—
—
Drakos Klados
—
Deed Of Trust
related
$500,000 · Nova Savings 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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