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Property profile & analytics
OFF-MARKET Estimated value $930,000
Garden apartment buildings

435 Main St Nazareth, PA 18064-2737

15,990 SF 0.36 ac lot Built 1900
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-5834583
Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1900
Total area 15,990 SF
Lot 0.36 ac (15,512 SF)
Zoning code R5
APN K7NE2A 4 21A 0421
UPID US73-5834583
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
$1.12M
Blend (final) Blend
$930k
Owner & transaction history
Orwig Property Management Gglp · 9 yrs held
Orwig Property Management Gglp
since 2017
3 recorded transactions
2017
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
R5 · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

§405. R-5 District; High Density Residential. The purpose of this zoning district is to create medium- high density areas, which reflect the existing character and uses of the areas. Limited commercial development is to be permitted in character with the existing area. A variety of housing needs can be satisfied by permitting a variety of housing types. 1. P…

Zone name High Density Residential
General category RESIDENTIAL
Zone area 40.42 ac
Source CHAPTER 27 ZONING
Top alternative use upside
Commercial (general) $1.4M +7.9%
Industrial (general) $1.3M +0.4%
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