Back to Search
Property profile & analytics
OFF-MARKET
Garden apartment buildings
444 Penn St Nazareth, PA 18064-2923
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US73-2157745
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2007
Total area
6,800 SF
Lot
0.33 ac (14,444 SF)
Zoning code
R10
APN
J7SE3C 14 6A 0421
UPID
US73-2157745
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
Orwig Property Mgmt Hh LP
Orwig Property Mgmt Hh LP
1 recorded transaction
Zoning & alternative use
R10 · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
g table. 27-46 08/07/2017 Schedule of Sign Regulations Business Identification Flat Free- Adver- Tempo- Bulle- Home Wall standing tising rary tin Bd. Occup. Prof. Office Maximum Surface Area 10 X X 6 20 3 in Square Feet R10 Maximum Number Per 1/Street X X 1 20 1 Property Fronted Setback from Street - X X 15’ 15’* 15’* Maximum Surface Area 20 32 X 6 20 3 in S…
Zone name
Low Density Residential
General category
INDUSTRIAL
Zone area
334.36 ac
Source
CHAPTER 27 ZONING
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 Nazareth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nazareth 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
$11,602
Tax year 2024
Assessed value
$136,000
Assessed 2024
Previous assessed
$136,000
+0.0% YoY
Effective rate
8.53%
On assessed value
Assessed land
$16,600
Assessed improvement
$119,400
Land market value
$33,200
Improvement market value
$238,800
Total market value
$272,000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2007
Heating
YES
Cooling
CENTRAL
Units
3
Total area
6,800 SF
Lot
0.33 ac (14,444 SF)
Zoning code
R10
APN
J7SE3C 14 6A 0421
UPID
US73-2157745
Jurisdiction
NORTHAMPTON
Zoning & alternative use
R10 · Nazareth, PAZoning R10 · permitted uses
R10 · Nazareth, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
g table. 27-46 08/07/2017 Schedule of Sign Regulations Business Identification Flat Free- Adver- Tempo- Bulle- Home Wall standing tising rary tin Bd. Occup. Prof. Office Maximum Surface Area 10 X X 6 20 3 in Square Feet R10 Maximum Number Per 1/Street X X 1 20 1 Property Fronted Setback from Street - X X 15’ 15’* 15’* Maximum Surface Area 20 32 X 6 20 3 in Square Feet R7 Maximum Number Per 1/Street 1 X 1 1 1 Property Fronted Setback from S
Zone name
Low Density Residential
General category
INDUSTRIAL
Zone area
334.36 ac
Source
CHAPTER 27 ZONING
Building & site characteristics
From public records
Year built
2007
Heating
YES
Cooling
Yes
Units
3
Lot
0.33 ac
Current owner
From public records · entity-resolved
Orwig Property Mgmt Hh LP
Entity
Mailing address
220 E LAWN RD STE #12, NAZARETH, PA 18064-1100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Orwig Property Mgmt Hh LP
—
Deed Of Trust
related
$6,044,212 · Embassy Bank Lehigh Valley
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 444 Penn St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
