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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office Spaces
529 Main St Nazareth, PA 18064-2736
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US73-5697430
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1890
Total area
4,480 SF
Lot
0.4 ac (17,250 SF)
Zoning code
R5
APN
K7NE2A 4 20A 0421E
UPID
US73-5697430
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
-
Nazareth Area Food Bank Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$562k
Blend (final)
Blend
$505k
Owner & transaction history
Nazareth Area Food Bank INC · 17 yrs held
Nazareth Area Food Bank INC
since 2008
1 recorded transaction
Zoning & alternative use
R5 · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$685,000
+73.4%
Retail stores
$595,000
+50.3%
Auto repair, garage
$470,000
+19.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
$320,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$395,000
Current use
MEDICAL BUILDING
$685,000
Change: +73% · Conversion: Easy
RETAIL STORES
$595,000
Change: +50% · Conversion: Easy
AUTO REPAIR, GARAGE
$470,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$113 / 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
$12,481
Tax year 2024
Assessed value
$146,300
Assessed 2024
Previous assessed
$146,300
+0.0% YoY
Effective rate
8.53%
On assessed value
Assessed land
$41,800
Assessed improvement
$104,500
Land market value
$83,600
Improvement market value
$209,000
Total market value
$292,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1890
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
3
Total area
4,480 SF
Lot
0.4 ac (17,250 SF)
Zoning code
R5
APN
K7NE2A 4 20A 0421E
UPID
US73-5697430
Jurisdiction
NORTHAMPTON
Zoning & alternative use
R5 · Nazareth, PA
Zoning R5 · permitted uses
R5 · Nazareth, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nazareth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$395,000
MEDICAL BUILDING
Est. value
$685,000
RETAIL STORES
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$470,000
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
1890
Heating
YES
Cooling
Yes
Stories
1
Rooms
3
Lot
0.4 ac
Current owner
From public records · entity-resolved
Nazareth Area Food Bank INC
Entity
Mailing address
529 S MAIN ST, NAZARETH, PA 18064-2736
Ownership since
2008
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
Sep 16, 2008
$150,000
Nazareth Area Food Bank INC
Essroc Cement Corp
Warranty Deed
$80,000 · Lafayette Ambassador Bank
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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