Technical
Financial
Distress signals
Property profile

372 Delaware Ave Palmerton, PA 18071

OFF-MARKET
Banks
Property ID
US73-3221970
816 SF 0.35 ac lot Built 1903
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 11,602 square foot freestanding retail building, formerly a bank, presents a unique investment opportunity in the heart of Palmerton, PA. Located on Delaware Avenue, this single-tenant property boasts a highly desirable location with excellent visibility and accessibility. The building features a convenient drive-thru, providing added convenience for potential tenants and customers. Ample parking is available on-site, ensuring ease of access for patrons. The property benefits from its strategic placement within the bustling downtown area, surrounded by established businesses such as Family Dollar, Dunkin' Donuts, and Rite Aid, creating a strong retail synergy. This property is ideal for a variety of retail uses, offering significant potential for growth and profitability. The building's size and features make it suitable for a wide range of businesses seeking a prominent location in a thriving community. Its former use as a bank suggests a solid foundation and potentially adaptable interior layout. The property is available for both lease and sale, offering flexibility to prospective buyers and tenants. Serious inquiries are encouraged to explore this exceptional opportunity to acquire a prime retail space in a vibrant Pennsylvania town. All offers are being considered.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1903
Total area 816 SF
Lot 0.35 ac (15,202 SF)
APN 42A-48-H18
UPID US73-3221970

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
  • Atm

Location

372 Delaware Ave Palmerton, PA 18071-1820
Palmerton metro Census 20900 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$560k

Owner & transaction history

since 2025
Last sale
$650,000
2 recorded transactions
2025
$650,000
2024
$360,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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