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Property profile & analytics
OFF-MARKET
Estimated value
$1,540,000
Industrial properties
4245 Independence Dr, Schnecksville, PA 18078-2591
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-1497983
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2005
Total area
11,940 SF
Lot
2.4 ac (104,675 SF)
Zoning code
LI-B
APN
546951059814-1
UPID
US73-1497983
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
-
Swagelok Allentown Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.54M
CAP Approach
CAP
$1.37M
Comparable Approach
Comparable
$1.32M
Blend (final)
Blend
$1.54M
Owner & transaction history
Michele Schultz Real Estate LLC · 2 yrs held
Michele Schultz Real Estate LLC
since 2024
Last sale
$1.5M
2 recorded transactions
Zoning & alternative use
LI-B · Schnecksville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.6M
+208.6%
Restaurant
$2.3M
+174.0%
Auto repair, garage
$1.9M
+133.5%
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 Schnecksville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schnecksville 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
$1,540,000
ML approach
$1,540,000
CAP Approach
CAP Return
Estimation
6%
$1,485,000
6.5%
$1,370,000
7%
$1,270,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,555,000
Change: +209% · Conversion: Difficult
RESTAURANT
$2,270,000
Change: +174% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,935,000
Change: +133% · Conversion: Easy
OFFICE BUILDING
$1,775,000
Change: +114% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,600,000
Change: +93% · Conversion: Difficult
RETAIL STORES
$1,455,000
Change: +76% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,380,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.39M – $1.69M · ±10% · vs last sale $1.54M (May 20 2024)
Last sale anchor
$1.54M
May 20 2024
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
$129 / 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
$19,458
Tax year 2024
Assessed value
$931,900
Assessed 2024
Previous assessed
$931,900
+0.0% YoY
Effective rate
2.09%
On assessed value
Assessed land
$216,300
Assessed improvement
$715,600
Land market value
$216,300
Improvement market value
$715,600
Total market value
$931,900
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
YES
Cooling
YES
Stories
1
Total area
11,940 SF
Lot
2.4 ac (104,675 SF)
Zoning code
LI-B
APN
546951059814-1
UPID
US73-1497983
Jurisdiction
LEHIGH
Zoning & alternative use
LI-B · Schnecksville, PA
Zoning LI-B · permitted uses
LI-B · Schnecksville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Schnecksville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$2.6M
RESTAURANT
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$1.6M
RETAIL STORES
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
2005
Heating
YES
Cooling
Yes
Stories
1
Lot
2.4 ac
Current owner
From public records · entity-resolved
Michele Schultz Real Estate LLC
Entity
Mailing address
452 N NEW ST, BETHLEHEM, PA 18018-5814
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2024
$1,540,000
Michele Schultz Real Estate LLC
Roshawn LLC
Special Warranty Deed
$1,232,000 · Truist Bank
May 26, 2005
$172,800
Roshawn LLC
Triple Net Investments Xix
Grant Deed
$980,000 · Pnc 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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