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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Investment properties
3599-3601 Broadway, Allentown, PA 18104
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2510648
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1900
Construction
FRAME
Total area
3,124 SF
Lot
1.66 ac (72,135 SF)
Zoning code
R-5
APN
548643493992-1
UPID
US73-2510648
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
$720k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$499k
Blend (final)
Blend
$605k
Owner & transaction history
Parkland School District · 2 yrs held
Parkland School District
since 2023
Last sale
$617,400
5 recorded transactions
Zoning & alternative use
R-5 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$670,000
+72.8%
Auto repair, garage
$595,000
+53.5%
Office building
$555,000
+43.2%
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
$715,000
ML approach
$720,000
CAP Approach
CAP Return
Estimation
6%
$510,000
6.5%
$470,000
7%
$435,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$385,000
Current use
MEDICAL BUILDING
$670,000
Change: +73% · Conversion: Easy
AUTO REPAIR, GARAGE
$595,000
Change: +53% · Conversion: Difficult
OFFICE BUILDING
$555,000
Change: +43% · Conversion: Easy
Blend value · Realmo final
$605k
Range $614k – $626k · vs last sale $617k (Dec 15 2023)
Last sale anchor
$617k
Dec 15 2023
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
$194 / 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
$7,473
Tax year 2024
Assessed value
$318,000
Assessed 2024
Previous assessed
$318,000
+0.0% YoY
Effective rate
2.35%
On assessed value
Assessed land
$219,800
Assessed improvement
$98,200
Land market value
$219,800
Improvement market value
$98,200
Total market value
$318,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
3
Rooms
7
Bathrooms
3
Total area
3,124 SF
Lot
1.66 ac (72,135 SF)
Zoning code
R-5
APN
548643493992-1
UPID
US73-2510648
Jurisdiction
LEHIGH
Zoning & alternative use
R-5 · Allentown, PA
Zoning R-5 · permitted uses
R-5 · 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
COMMERCIAL (GENERAL) Current
Est. value
$385,000
MEDICAL BUILDING
Est. value
$670,000
AUTO REPAIR, GARAGE
Est. value
$595,000
OFFICE BUILDING
Est. value
$555,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1900
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Buildings
3
Rooms
7
Bathrooms
3
Lot
1.66 ac
Current owner
From public records · entity-resolved
Parkland School District
Individual
Mailing address
1210 SPRINGHOUSE RD, ALLENTOWN, PA 18104-2119
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
$617,400
Parkland School District
Moyer Construction LLC
Deed
—
Jun 3, 2022
$500,000
Moyer Construction LLC
Om Quality Life LLC
Deed
$400,000 · Lancaster Realty Capital LP
Jun 18, 2013
$530,400
Om Quality Life LLC
Trexler Park Manor LLC
Grant Deed
$652,800 · American Bank
—
—
Trexler Park Manor LLC
—
Deed Of Trust
related
$205,000 · American Bank
—
—
Trexler Park Manor LLC
—
Deed Of Trust
related
$630,000 · American 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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