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Property profile & analytics
FOR LEASE
Retail space
4009 William Penn Hwy Palmer Twp, PA 18045
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-4073203
For Lease
1 / 3
$10 SF/Yr
4009 William Penn Hwy, Palmer Twp, PA 18045
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Total area
8,163 SF
Lot
1.96 ac (85,378 SF)
Zoning code
GC
APN
M8NE4 3 9 0324
UPID
US73-4073203
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
-
Senior Solutions Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$975k
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$800k
Owner & transaction history
Strausser Enterprises INC · 3 yrs held
Strausser Enterprises INC
since 2022
3 recorded transactions
Zoning & alternative use
GC · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+48.1%
Commercial (general)
$1.0M
+21.3%
Restaurant
$915,000
+8.6%
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 Palmer Twp submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmer Twp 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%
$1,055,000
6.5%
$975,000
7%
$905,000
Alternative Use
Use
Estimation
RETAIL STORES
$840,000
Current use
MEDICAL BUILDING
$1,245,000
Change: +48% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,020,000
Change: +21% · Conversion: Easy
RESTAURANT
$915,000
Change: +9% · Conversion: Easy
INDUSTRIAL (GENERAL)
$815,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$760,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±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
$98 / 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
$43,734
Tax year 2024
Assessed value
$493,500
Assessed 2024
Previous assessed
$493,500
+0.0% YoY
Effective rate
8.86%
On assessed value
Assessed land
$96,200
Assessed improvement
$397,300
Land market value
$192,400
Improvement market value
$794,600
Total market value
$987,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1997
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
8,163 SF
Lot
1.96 ac (85,378 SF)
Zoning code
GC
APN
M8NE4 3 9 0324
UPID
US73-4073203
Jurisdiction
NORTHAMPTON
Zoning & alternative use
GC · Easton, PAZoning GC · permitted uses
GC · Easton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$840,000
MEDICAL BUILDING
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RESTAURANT
Est. value
$915,000
INDUSTRIAL (GENERAL)
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$760,000
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
INDUSTRIAL (GENERAL)
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
1997
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.96 ac
Current owner
From public records · entity-resolved
Strausser Enterprises INC
Entity
Mailing address
1110 VAN BUREN RD, EASTON, PA 18045-2030
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Aug 30, 2022
—
Strausser Enterprises INC
—
Deed
related
$4,000,000 · Segal & Morel INC
Aug 12, 2011
—
Strausser Ents INC
—
Deed Of Trust
related
$1,500,000 · Lafayette Ambassador Bank
Feb 2, 2009
—
Strausser Ents INC
—
Deed Of Trust
related
$3,400,000 · Lafayette Ambassador 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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