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Property profile & analytics
OFF-MARKET
Turn key restaurants
5001 Hanoverville Rd Bethlehem, PA 18017-9030
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-0148315
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1837
Total area
5,419 SF
Lot
1.6 ac (69,609 SF)
Zoning code
PIBD
APN
L6 19 2 0214
UPID
US73-0148315
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
-
Hanoverville Road House Restaurant
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
Gen X Properties LLC · 8 yrs held
Gen X Properties LLC
since 2017
6 recorded transactions
Zoning & alternative use
PIBD · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem 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
$13,253
Tax year 2024
Assessed value
$181,800
Assessed 2024
Previous assessed
$181,800
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$93,600
Assessed improvement
$88,200
Land market value
$187,200
Improvement market value
$176,400
Total market value
$363,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1837
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
5,419 SF
Lot
1.6 ac (69,609 SF)
Zoning code
PIBD
APN
L6 19 2 0214
UPID
US73-0148315
Jurisdiction
NORTHAMPTON
Zoning & alternative use
PIBD · Bethlehem, PA
Zoning PIBD · permitted uses
PIBD · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethlehem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1837
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
1.6 ac
Current owner
From public records · entity-resolved
Gen X Properties LLC
Entity
Mailing address
2140 BLOSSOM LN, BETHLEHEM, PA 18018-1106
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2026
—
Gen X Properties LLC
—
Deed
related
$215,000 · Lehigh Valley Capital Funding LLC
Jan 25, 2018
—
Gen X Properties LLC
—
Deed
related
$577,000 · M&t Bk
Nov 29, 2017
$305,000
Gen X Properties LLC
Charles E Oehlbeck
Deed
$577,000 · M & T Bank
Feb 24, 2003
$198,100
Charles E Oehlbeck
Hanoverville Roadhouse INC
Grant Deed
$225,000 · East Penn Bank
—
—
Charles E Oehlbeck
—
Deed Of Trust
related
$500,000 · M & T Bank
—
—
Gen X Properties LLC
—
Loan Modification
related
$577,000 · M&t 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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