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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Retail space
2918 William Penn Hwy Easton, PA 18045-5269
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-0754102
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
9,055 SF
Lot
1.2 ac (52,272 SF)
Zoning code
C-R
APN
M8 8 1B-2 0324
UPID
US73-0754102
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$796k
Blend (final)
Blend
$645k
Owner & transaction history
Mccrae Realty Company LLC · 7 yrs held
Mccrae Realty Company LLC
since 2019
6 recorded transactions
Zoning & alternative use
C-R · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.0M
+8.6%
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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
RETAIL STORES
$935,000
Current use
RESTAURANT
$1,015,000
Change: +9% · Conversion: Easy
INDUSTRIAL (GENERAL)
$905,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$845,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±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
$71 / 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
$21,349
Tax year 2024
Assessed value
$240,900
Assessed 2024
Previous assessed
$240,900
+0.0% YoY
Effective rate
8.86%
On assessed value
Assessed land
$71,500
Assessed improvement
$169,400
Land market value
$143,000
Improvement market value
$338,800
Total market value
$481,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
9,055 SF
Lot
1.2 ac (52,272 SF)
Zoning code
C-R
APN
M8 8 1B-2 0324
UPID
US73-0754102
Jurisdiction
NORTHAMPTON
Zoning & alternative use
C-R · Easton, PA
Zoning C-R · permitted uses
C-R · Easton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Easton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$935,000
RESTAURANT
Est. value
$1.0M
INDUSTRIAL (GENERAL)
Est. value
$905,000
AUTO REPAIR, GARAGE
Est. value
$845,000
RETAIL STORES Current
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1991
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Mccrae Realty Company LLC
Entity
Mailing address
17 ALVIN SLOAN AVE, WASHINGTON, NJ 07882-4170
Ownership since
2019
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
Feb 24, 2025
—
The Mccrae Realty Company LLC
—
Deed
related
$813,000 · Wilmington Savings Fund Society Fsb
Feb 26, 2019
$1,050,000
Mccrae Realty Company LLC
Htd Financial Services LLC
Deed
$970,000 · Pnc Bank NA
Feb 12, 2018
$8,231
Htd Financial Services LLC
Sheriff Of Northampton County|lipsky,denise F
Trustees Deed
related
—
Nov 6, 2008
—
Denise F Lipsky
—
Deed Of Trust
related
$1,300,000 · Jersey Shore State Bank
—
—
Denise F Lipsky
—
Deed Of Trust
related
$2,239,500 · Sovereign Bank
—
—
Denise F Lipsky
—
Deed Of Trust
related
$200,000 · Jersey Shore State 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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