3221 Sullivan Trl Easton, PA 18040-7620
Entity Owned
4-yr Hold
~
Est. High Equity
Estimated value (blended)
$2.70M
Range $2.43M – $2.96M (±10%)
Implied cap rate
2.30%
In-place · NOI ÷ last sale
Property ID
US73-3907639
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Total area
7,000 SF
Lot
2.57 ac (111,993 SF)
Zoning code
GB
APN
J9 13 16 0311
UPID
US73-3907639
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.70M
Owner & transaction history
since 2022
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
GB · Easton, PA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.70M
Value range
$2.43M – $2.96M
±10% around blend
Estimated value / SF
$385 / SF
Confidence
High
10 county-verified comps
Property data
88
Comparable evidence
100
$2.43M
blend $2.70M
$2.96M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
7,000 SF
Lot area
2.57 ac
Year built
1988
Stories
1
APN
J9 13 16 0311
Assessed value
$192,000
Annual tax
$16,823
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$724k
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.8 mi away · 8,400 SF
15.1 mi away · 7,520 SF
15.2 mi away · 5,600 SF
16.2 mi away · 6,405 SF
19.1 mi away · 5,450 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.70M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
2.30%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
NOI (est.)
$206k *
Last sale · Jun 2022
$2.94M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$8.95M
Move the market yield to see immediate price impact.
Value / SF
$1,278
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
1.80%2.30%2.80%
$185k
$10.29M
$8.05M
$6.62M
$206k
$11.43M
$8.95M
$7.35M
$226k
$12.58M
$9.84M
$8.09M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$393k
13.8 mi · May 2026 · $80/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$16,823
Tax year 2024
Assessed value
$192,000
Assessed 2024
Previous assessed
$192,000
+0.0% YoY
Effective rate
8.76%
On assessed value
Assessed land
$67,800
Assessed improvement
$124,200
Land market value
$135,600
Improvement market value
$248,400
Total market value
$384,000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Units
71
Total area
7,000 SF
Lot
2.57 ac (111,993 SF)
Zoning code
GB
APN
J9 13 16 0311
UPID
US73-3907639
Jurisdiction
NORTHAMPTON
Zoning & alternative use
GB · Easton, PAZoning GB · permitted uses
GB · Easton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Units
71
Lot
2.57 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GB
Jurisdiction
Easton, PA
Recorded code
GB
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for GB in Easton, PA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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