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Property profile & analytics
OFF-MARKET
Estimated value
$3,990,000
Office Spaces
35 Main St Hellertown, PA 18055-1742
Entity Owned
19-yr Hold
Free & Clear
Property ID
US73-2290719
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2009
Total area
27,379 SF
Lot
2.68 ac (116,741 SF)
Zoning code
SC
APN
R7 5 2 0715
UPID
US73-2290719
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
$4.27M
Comparable Approach
Comparable
$4.69M
Blend (final)
Blend
$3.99M
Owner & transaction history
SERVICE ELECTRIC COMPANY
SERVICE ELECTRIC COMPANY
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
Top alternative use upside
Medical building
$4.2M
+37.2%
Retail stores
$3.6M
+18.9%
Restaurant
$3.1M
+0.6%
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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,620,000
6.5%
$4,265,000
7%
$3,960,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,050,000
Current use
MEDICAL BUILDING
$4,180,000
Change: +37% · Conversion: Easy
RETAIL STORES
$3,625,000
Change: +19% · Conversion: Easy
RESTAURANT
$3,065,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,885,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$3.99M
Range $3.59M – $4.39M · ±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
$146 / 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
$87,855
Tax year 2024
Assessed value
$1,010,300
Assessed 2024
Previous assessed
$1,010,300
+0.0% YoY
Effective rate
8.70%
On assessed value
Assessed land
$142,600
Assessed improvement
$867,700
Land market value
$285,200
Improvement market value
$1,735,400
Total market value
$2,020,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2009
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
2
Rooms
6
Bathrooms
1
Total area
27,379 SF
Lot
2.68 ac (116,741 SF)
Zoning code
SC
APN
R7 5 2 0715
UPID
US73-2290719
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$3.1M
MEDICAL BUILDING
Est. value
$4.2M
RETAIL STORES
Est. value
$3.6M
RESTAURANT
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$2.9M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
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
2009
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Rooms
6
Bathrooms
1
Lot
2.68 ac
Current owner
From public records · entity-resolved
SERVICE ELECTRIC COMPANY
Entity
Free & Clear · 0 yrs held
Mailing address
35 MAIN ST, HELLERTOWN, PA 18055-1742
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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