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Property profile & analytics
OFF-MARKET
Estimated value
$1,020,000
Turn key restaurants
337 Hamilton St 345, Allentown, PA 18101-1819
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-1701153
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1890
Total area
13,635 SF
Lot
0.25 ac (11,030 SF)
Zoning code
B-2
APN
640731541610-1
UPID
US73-1701153
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
$1.12M
Blend (final)
Blend
$1.02M
Owner & transaction history
Raymond Cope · 8 yrs held
Raymond Cope
since 2017
7 recorded transactions
Zoning & alternative use
B-2 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $918k – $1.12M · ±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
$75 / 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
$25,699
Tax year 2024
Assessed value
$791,400
Assessed 2024
Previous assessed
$791,400
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$66,200
Assessed improvement
$725,200
Land market value
$66,200
Improvement market value
$725,200
Total market value
$791,400
Applied tax rate
1.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1890
Heating
HOT WATER
Buildings
2
Stories
3
Units
3
Total area
13,635 SF
Lot
0.25 ac (11,030 SF)
Zoning code
B-2
APN
640731541610-1
UPID
US73-1701153
Jurisdiction
LEHIGH
Zoning & alternative use
B-2 · Allentown, PA
Zoning B-2 · permitted uses
B-2 · 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.
Building & site characteristics
From public records
Year built
1890
Heating
HOT WATER
Stories
3
Buildings
2
Units
3
Lot
0.25 ac
Current owner
From public records · entity-resolved
Raymond Cope
Individual
Mailing address
1101 N KEARNEY ST, ALLENTOWN, PA 18109-3325
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2019
—
Sterling Hotel LLC
—
Grant Deed
related
$1,200,000 · First Keystone Cmnty Bk
Dec 12, 2017
$775,000
Raymond Cope
Sterlng Hotel LLC
Grant Deed
—
Dec 6, 2017
$1,550,000
Sterling Hotel LLC
Bodnar,david M
Grant Deed
$775,000 · Commonwealth Cap
—
—
Timothy J Briody
—
Deed Of Trust
related
$335,000 · Patriot Bank NA
—
—
Timothy J Briody
—
Deed Of Trust
related
$10,000 · Patriot Bank NA
—
—
David M Bodnar
—
Deed Of Trust
related
$125,000 · Knbt
—
—
David M Bodnar
—
Deed Of Trust
related
$100,000 · Susquehanna Bank
—
—
David M Bodnar
—
Deed Of Trust
related
$480,409 · Susquehanna Bank
—
—
Timothy J Briody
—
Deed Of Trust
related
$35,000 · Patriot Bank NA
—
—
Timothy J Briody
—
Deed Of Trust
related
$30,000 · Allentown Economic Development
—
—
David M Bodnar
—
Deed Of Trust
related
$750,000 · Keystone Nazareth Bank & Trust
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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