New search
Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Distribution centers
312 Sumner Ave Allentown, PA 18102-1810
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-0441972
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1986
Total area
8,000 SF
Lot
1.24 ac (53,797 SF)
Zoning code
B/LI
APN
640716822400-1
UPID
US73-0441972
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
-
Traffic Engineering Services City Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$760k
Comparable Approach
Comparable
$661k
Blend (final)
Blend
$850k
Owner & transaction history
K & J Holdings LLC · 4 yrs held
K & J Holdings LLC
since 2021
Last sale
$915,000
4 recorded transactions
Zoning & alternative use
B/LI · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$910,000
+152.0%
Office building
$845,000
+133.1%
Commercial (general)
$810,000
+124.2%
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 Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown 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
$1,010,000
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$910,000
Change: +152% · Conversion: Difficult
OFFICE BUILDING
$845,000
Change: +133% · Conversion: Difficult
COMMERCIAL (GENERAL)
$810,000
Change: +124% · Conversion: Difficult
RETAIL STORES
$760,000
Change: +110% · Conversion: Moderate
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $915k (Jul 19 2021)
Last sale anchor
$915k
Jul 19 2021
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
$106 / 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
$10,527
Tax year 2024
Assessed value
$310,400
Assessed 2024
Previous assessed
$310,400
+0.0% YoY
Effective rate
3.39%
On assessed value
Assessed land
$49,400
Assessed improvement
$261,000
Land market value
$49,400
Improvement market value
$261,000
Total market value
$310,400
Applied tax rate
10.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Stories
1
Total area
8,000 SF
Lot
1.24 ac (53,797 SF)
Zoning code
B/LI
APN
640716822400-1
UPID
US73-0441972
Jurisdiction
LEHIGH
Zoning & alternative use
B/LI · Allentown, PA
Zoning B/LI · permitted uses
B/LI · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$910,000
OFFICE BUILDING
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$810,000
RETAIL STORES
Est. value
$760,000
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1986
Heating
FORCED AIR
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
K & J Holdings LLC
Entity
Mailing address
312 SUMNER AVE, ALLENTOWN, PA 18102-1810
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2021
$915,000
K & J Holdings LLC
Mark A Simpkins
Deed
$732,000 · Wesbanco Bank INC
Apr 13, 2015
$350,000
George G Simpkins
Fretz David R & Cheryl T
Grant Deed
$305,000 · New Tripoli Nat'l Bk
—
—
David R Fretz
—
Deed Of Trust
related
$275,000 · East Penn Bank
—
—
David R Fretz
—
Deed Of Trust
related
$125,000 · East Penn 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 312 Sumner Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
