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Property profile & analytics
OFF-MARKET Estimated value $610,000
Banks

372 Delaware Ave Palmerton, PA 18071-1820

816 SF 0.35 ac lot Built 1903
Entity Owned 1-yr Hold Free & Clear
Property ID
US73-3221970
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • KeyBank ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k
Owner & transaction history
The Neffs National Bank · 1 yrs held
The Neffs National Bank
since 2025
Last sale
$650,000
2 recorded transactions
2025
$650,000
2024
$360,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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