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Property profile & analytics
OFF-MARKET
Estimated value
$10,065,000
Parking lots & garages
4511 Cedarbrook Rd Allentown, PA 18103
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1872245
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1960
Total area
50,915 SF
Lot
25.22 ac (1,098,627 SF)
Zoning code
HI
APN
547599803773-1
UPID
US73-1872245
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
$9.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.44M
Blend (final)
Blend
$10.07M
Owner & transaction history
Landston Equities LLC · 4 yrs held
Landston Equities LLC
since 2022
Last sale
$10.0M
7 recorded transactions
Zoning & alternative use
HI · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.5M
+6.2%
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 Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown 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
$10,560,000
ML approach
$9,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$7,015,000
Current use
COMMERCIAL (GENERAL)
$7,450,000
Change: +6% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,800,000
Change: -3% · Conversion: Difficult
RESTAURANT
$6,790,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$10.07M
Range $9.06M – $11.07M · ±10% · vs last sale $10.00M (Mar 8 2022)
Last sale anchor
$10.00M
Mar 8 2022
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
$198 / 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
$59,927
Tax year 2024
Assessed value
$2,426,200
Assessed 2024
Previous assessed
$2,426,200
+0.0% YoY
Effective rate
2.47%
On assessed value
Assessed land
$2,269,900
Assessed improvement
$156,300
Land market value
$2,269,900
Improvement market value
$156,300
Total market value
$2,426,200
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1960
Heating
SPACE
Cooling
YES
Stories
1
Total area
50,915 SF
Lot
25.22 ac (1,098,627 SF)
Zoning code
HI
APN
547599803773-1
UPID
US73-1872245
Jurisdiction
LEHIGH
Zoning & alternative use
HI · Allentown, PA
Zoning HI · permitted uses
HI · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$7.0M
COMMERCIAL (GENERAL)
Est. value
$7.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.8M
RESTAURANT
Est. value
$6.8M
PARKING LOT Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
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
1960
Heating
SPACE
Cooling
Yes
Stories
1
Lot
25.22 ac
Current owner
From public records · entity-resolved
Landston Equities LLC
Entity
Mailing address
3150 COFFEETOWN RD, OREFIELD, PA 18069-2511
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2022
$10,000,000
Landston Equities LLC
N&t Realty LLC
Deed
—
Feb 1, 2019
—
New Ent Stone & Lime Co INC
New Ent Stone & Lime Co INC
Quit Claim Deed
related
—
Feb 1, 2019
$3,650,000
N & T Realty LLC
New Ent Stone & Lime Co INC
Grant Deed
—
Mar 30, 2012
—
New Ent Stone & Lime Co INC
—
Deed Of Trust
related
$170,000,000 · Manufacturers Traders & Trust
Mar 13, 2012
—
New Ent Stone & Lime Co INC
—
Deed Of Trust
related
$600,000,000 · Manufacturers Traders & Trust
Feb 4, 2010
—
Eastern Industries INC
Eastern Industries INC
Quit Claim Deed
related
—
—
—
New Ent Stone & Lime Co INC
—
Deed Of Trust
related
$175,000,000 · Pnc Bk
—
—
New Ent Stone & Lime Co INC
—
Loan Modification
related
$175,000,000 · Pnc Bk
—
—
New Ent Stone & Lime Co INC
—
Loan Modification
related
$265,000,000 · Wells Fargo Bk
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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