Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    499 Riverview Dr Walnutport, PA 18088-9694

    • Office properties & Spaces
    • 9,105 SF
    • 6.58 lot acres
    OFF-MARKET
    Value Estimations
    $1,330,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2518532
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lehigh Engineering Associates Inc / Civil Engineer / Land Surveyor
    • CENTURY 21 Ryon Real Estate / Real Estate Agency
    • Richard B Ryon Insurance / Insurance Agency

    Property Details for 499 Riverview Dr

    Year built
    2005
    Lot size
    6.58 lot acres
    Property size
    9,105 SF
    Zone code
    R40
    Property type
    Office properties & Spaces
    APN
    K2 1 5 0516
    APU
    K2150516

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,535,000
      6.5%
      $1,420,000
      7%
      $1,315,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,560,000
      Market price range: $592k - $1.56M
      AI Estimate
      $1,017,000
      Market price range: $362k - $1.02M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,015,000
      Current use
      MEDICAL BUILDING
      $1,390,000
      Change: +37% Conversion: Easy
      RETAIL STORES
      $1,205,000
      Change: +19% Conversion: Easy
      RESTAURANT
      $1,020,000
      Change: +1% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $960,000
      Change: -5% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Walnutport
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.5858
    Latitude
    40.7383
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $39,196
    $71,800
    $461,400
    $533,200
    -
    $143,600
    $922,800
    $1,066,400

    Comparable in this City

    • Value Estimation by Request
      2,642 SF

      273 Riverview Dr

      OFFICE (GENERAL) • 2,642 SF
      273 Riverview Dr, Walnutport, PA 18088-9659
      View Details
    • Value Estimation by Request
      2,304 SF

      961 Riverview Dr

      OFFICE (GENERAL) • 2,304 SF
      961 Riverview Dr, Walnutport, PA 18088-9501
      View Details
    • Value Estimation
      $510,000
      5,120 SF

      4685 Lehigh Dr

      OFFICE (GENERAL) • 5,120 SF
      4685 Lehigh Dr, Walnutport, PA 18088-9574
      View Details
    • Value Estimation by Request
      2,250 SF

      4659 Lehigh Dr

      OFFICE (GENERAL) • 2,250 SF
      4659 Lehigh Dr, Walnutport, PA 18088-9507
      View Details
    • Value Estimation by Request
      2,500 SF

      4450 Mtn Vw Dr

      OFFICE (GENERAL) • 2,500 SF
      4450 Mtn Vw Dr, Walnutport, PA 18088-9429
      View Details
    • Value Estimation by Request
      1,856 SF

      316 Best Ave

      OFFICE (GENERAL) • 1,856 SF
      316 Best Ave, Walnutport, PA 18088-1205
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,000 SF

      Prime Office Space, NE Miami

      18,422 SF, Turnkey Office Suite
      765 Blue Mountain Dr, Walnutport, PA 18088
      View Details
    • Contact for pricing
      5,000 SF

      5,000 SF Commercial Building

      5,000 SF commercial building, redevelopment opportunity, former bank location.
      765 Blue Mountain Dr, Walnutport, PA 18088
      View Details
    • Contact for pricing

      Free Standing Commercial Building

      5,000 SF commercial building with two drive-thru lanes.
      765 Blue Mtn Ave, Walnutport, PA 18088
      View Details
    • $525,000
      29,657 SF

      Walnutport Industrial Building For Sale

      29,657 SF industrial building suitable for commercial or residential conversion.
      324 Washington St, Walnutport, PA 18088
      View Details
    • Contact for pricing
      16.00 Acres

      Prime Walnutport Commercial Space

      120,000 SF Flex Warehouse - Vacant
      400 Best Ave, Walnutport, PA 18088
      View Details
    • $155,000
      53.50 Acres

      Land in Lehigh Township, PA

      Available building lots in Lehigh Twp, Northampton County, PA.
      1225 Quince Rd, Walnutport, PA 18088
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr

      Retail Space in Lehigh Twp

      3,900 sq. ft. retail space available for lease.
      4330 Lehigh Dr, Walnutport, PA 18088
      View Details
    • $5,000 /Mo

      Commercial Pad Site For Rent

      0.7 acre pad site in strong commercial corridor.
      Lehigh Gap St, Walnutport, PA 18088
      View Details
    • $7 SF/Yr

      Lehigh Township Retail/Wholesale Space

      Retail/wholesale space with flexible layout options in Lehigh Township.
      400 N Best Ave, Walnutport, PA 18088
      View Details
    • $7 SF/Yr

      Lehigh Township Wholesale/Retail Space

      Wholesale/retail space with flexible layout options in Lehigh Township.
      400 N Best Ave, Walnutport, PA 18088
      View Details
    • $7 SF/Yr
      120,000 SF

      Prime Walnutport Flex Space

      120,000 SF Flex Space, 16 Acres, PA
      400 Best Ave, Walnutport, PA 18088
      View Details
    • Contact for pricing
      2,000 SF

      Walnutport Retail Space For Lease

      Prime 2,000 SF Retail Space Available
      4330 Lehigh Dr, Walnutport, PA 18088
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    499 Riverview Dr
    Walnutport, PA 18088-9694
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!