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Property profile & analytics
OFF-MARKET
Estimated value
$1,040,000
Office buildings
503 Camelback Rd Tannersville, PA 18372-7885
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-3884178
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Construction
FRAME
Total area
8,334 SF
Lot
2.54 ac (110,642 SF)
Zoning code
RD
APN
12.10B.2.2
UPID
US73-3884178
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
-
The Serenité Membership Gallery Bar & Pub Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.04M
Owner & transaction history
503 Camelback Road LLC · 9 yrs held
503 Camelback Road LLC
since 2017
6 recorded transactions
Zoning & alternative use
RD · Tannersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+30.9%
Auto repair, garage
$1.1M
+13.3%
Retail stores
$1.1M
+9.1%
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 Tannersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tannersville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$995,000
Current use
RESTAURANT
$1,300,000
Change: +31% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,125,000
Change: +13% · Conversion: Difficult
RETAIL STORES
$1,085,000
Change: +9% · Conversion: Moderate
MEDICAL BUILDING
$960,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.04M
Range $936k – $1.14M · ±10%
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
$125 / 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
$6,717
Tax year 2024
Assessed value
$861,870
Assessed 2024
Previous assessed
$861,870
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$90,360
Assessed improvement
$771,510
Land market value
$90,360
Improvement market value
$771,510
Total market value
$861,870
Applied tax rate
12.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
5
Total area
8,334 SF
Lot
2.54 ac (110,642 SF)
Zoning code
RD
APN
12.10B.2.2
UPID
US73-3884178
Jurisdiction
MONROE
Zoning & alternative use
RD · Tannersville, PAZoning RD · permitted uses
RD · Tannersville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$995,000
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$960,000
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
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
1982
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
5
Lot
2.54 ac
Current owner
From public records · entity-resolved
503 Camelback Road LLC
Entity
Mailing address
503 CAMELBACK RD, TANNERSVILLE, PA 18372-7885
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
Oct 31, 2024
—
503 Camelback Road LLC
—
Deed
related
—
Sep 14, 2021
—
503 Camelback Road LLC
—
Deed
related
$25,000,000 · White Oak Commercial Capital LLC
Jun 27, 2017
$460,000
503 Camelback Road LLC
Percudani House III LP
Grant Deed
$460,000 · First Position Service Co INC
Jun 21, 2017
—
Percudani House III LP
Percudani House III LP
Quit Claim Deed
related
—
Sep 18, 2015
—
Percudani House III LP
Bridge Associates Of Pa LLC
Deed In Lieu Of Foreclosure
related
—
Aug 31, 2004
$2,000,000
Bridge Associates Of Pa LLC
Kennedy Funding INC
Grant Deed
$1,600,000 · Kennedy Fundings
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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