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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Manufacturing properties
400 1st St, Bangor, PA 18013-2622
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-1059171
Property summary
AI-generated overview
This exceptional 10,000-square-foot commercial property, located at 400 S 1st St in Bangor, Pennsylvania (zip code 18013), presents a unique investment opportunity. The two-story building sits on a 0.36-acre lot and is classified as Class C. Currently operating as a successful hardware store for over 68 years (with the current owners for 30+ years), this turnkey business is included in the sale price of $599,000. The property features a large private parking lot and substantial attic storage space. Its industrial zoning allows for a variety of uses, making it ideal for either continuing the existing business or redevelopment. The property's location in the heart of Bangor offers excellent visibility and accessibility. The existing business is eligible for an SBA-based loan, providing financing options for potential buyers. This landmark property offers a rare blend of established business and redevelopment potential in a highly desirable location. The property's versatility makes it suitable for a wide range of commercial ventures. Serious inquiries are encouraged.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Total area
9,568 SF
Lot
0.36 ac (15,780 SF)
Zoning code
GB
APN
E9NE3A 5 1 0102
UPID
US73-1059171
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
-
Superior Hardware Building Supply Electrical Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$740k
Blend (final)
Blend
$615k
Owner & transaction history
Losco Family Properties LLC · 1 yrs held
Losco Family Properties LLC
since 2024
3 recorded transactions
Zoning & alternative use
GB · Bangor, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+28.5%
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 Bangor submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bangor 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$785,000
Current use
AUTO REPAIR, GARAGE
$1,005,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$780,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$64 / 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
$7,208
Tax year 2024
Assessed value
$83,300
Assessed 2024
Previous assessed
$83,300
+0.0% YoY
Effective rate
8.65%
On assessed value
Assessed land
$23,900
Assessed improvement
$59,400
Land market value
$47,800
Improvement market value
$118,800
Total market value
$166,600
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Heating
YES
Cooling
NONE
Stories
1
Rooms
1
Total area
9,568 SF
Lot
0.36 ac (15,780 SF)
Zoning code
GB
APN
E9NE3A 5 1 0102
UPID
US73-1059171
Jurisdiction
NORTHAMPTON
Zoning & alternative use
GB · Bangor, PA
Zoning GB · permitted uses
GB · Bangor, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bangor. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$780,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Losco Family Properties LLC
Entity
Mailing address
400 S 1ST ST, BANGOR, PA 18013-2622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 10, 2024
$300,000
Losco Family Properties LLC
Brian J Gilbert
Special Warranty Deed
—
—
—
Brian J Gilbert
—
Deed Of Trust
related
$67,000 · Merchants National Bank Bangor
—
—
Brian J Gilbert
—
Deed Of Trust
related
$46,000 · Merchants 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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