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Property profile & analytics
OFF-MARKET
Manufacturing properties
412 Applegate Ave, Pen Argyl, PA 18072-1427
Entity Owned
4-yr Hold
Free & Clear
Property ID
US73-0129367
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1925
Total area
9,588 SF
Lot
0.68 ac (29,800 SF)
Zoning code
IL
APN
E8NE1B 7 2 0625
UPID
US73-0129367
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Slate Hills Enterprises INC · 4 yrs held
Slate Hills Enterprises INC
since 2021
Last sale
$240,000
5 recorded transactions
Zoning & alternative use
IL · Pen Argyl, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Pen Argyl submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pen Argyl 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,763
Tax year 2024
Assessed value
$96,000
Assessed 2024
Previous assessed
$96,000
+0.0% YoY
Effective rate
8.09%
On assessed value
Assessed land
$9,000
Assessed improvement
$87,000
Land market value
$18,000
Improvement market value
$174,000
Total market value
$192,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1925
Heating
YES
Cooling
NONE
Stories
1
Rooms
50
Total area
9,588 SF
Lot
0.68 ac (29,800 SF)
Zoning code
IL
APN
E8NE1B 7 2 0625
UPID
US73-0129367
Jurisdiction
NORTHAMPTON
Zoning & alternative use
IL · Pen Argyl, PA
Zoning IL · permitted uses
IL · Pen Argyl, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pen Argyl. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Heating
YES
Cooling
Yes
Stories
1
Rooms
50
Lot
0.68 ac
Current owner
From public records · entity-resolved
Slate Hills Enterprises INC
Entity
Free & Clear · 4 yrs held
Mailing address
412 W APPLEGATE AVE, PEN ARGYL, PA 18072-1427
Ownership since
2021
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
Jun 29, 2021
$140,000
Slate Hills Enterprises INC
County Of Northampton
Public Action
related
—
Apr 20, 2004
$240,000
Steven Wu
Godber,karl & Gail
Grant Deed
—
May 27, 1999
$145,000
Karl Godber
Hertzel,jonathan H & Linda
Grant Deed
$110,000 · First Union National Bank
—
—
Steven Wu
—
Deed Of Trust
related
$300,000 · Pnc Bank
—
—
Steven Wu
—
Deed Of Trust
related
$300,000 · M & T 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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