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Property profile & analytics
OFF-MARKET
Estimated value
$575,000
Banks
553 Nazareth Dr Bath, PA 18014
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-4130779
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1973
Total area
4,752 SF
Lot
4.7 ac (204,732 SF)
Zoning code
VC
APN
H6 20 5 0520
UPID
US73-4130779
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
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$575k
Owner & transaction history
Movie Kitchens LLC · 2 yrs held
Movie Kitchens LLC
since 2023
Last sale
$575,000
2 recorded transactions
Zoning & alternative use
VC · Bath, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$590,000
+46.9%
Auto repair, garage
$435,000
+8.2%
Retail stores
$405,000
+0.0%
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 Bath submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bath 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
$575,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$405,000
Current use
WAREHOUSE, STORAGE
$590,000
Change: +47% · Conversion: Difficult
AUTO REPAIR, GARAGE
$435,000
Change: +8% · Conversion: Difficult
RETAIL STORES
$405,000
Change: +0% · Conversion: Difficult
MEDICAL BUILDING
$375,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$575k
Range $518k – $633k · ±10% · vs last sale $575k (Dec 6 2023)
Last sale anchor
$575k
Dec 6 2023
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
$121 / 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
$9,861
Tax year 2024
Assessed value
$136,000
Assessed 2024
Previous assessed
$136,000
+0.0% YoY
Effective rate
7.25%
On assessed value
Assessed land
$38,700
Assessed improvement
$97,300
Land market value
$77,400
Improvement market value
$194,600
Total market value
$272,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1973
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
27
Total area
4,752 SF
Lot
4.7 ac (204,732 SF)
Zoning code
VC
APN
H6 20 5 0520
UPID
US73-4130779
Jurisdiction
NORTHAMPTON
Zoning & alternative use
VC · Bath, PA
Zoning VC · permitted uses
VC · Bath, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bath. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$405,000
WAREHOUSE, STORAGE
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$435,000
RETAIL STORES
Est. value
$405,000
MEDICAL BUILDING
Est. value
$375,000
FINANCIAL BUILDING Current
WAREHOUSE, STORAGE
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
1973
Heating
YES
Cooling
Yes
Stories
1
Rooms
27
Lot
4.7 ac
Current owner
From public records · entity-resolved
Movie Kitchens LLC
Entity
Mailing address
1729 STATE ST, HARRISBURG, PA 17103-1550
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2023
$575,000
Movie Kitchens LLC
553 Nazareth Drive LLC
Deed
$431,250 · Provident Bank
Jul 16, 2019
$250,000
553 Nazareth Drive LLC
Branch Bkng & Trust Co
Grant Deed
$200,000 · First Nthrn Bk&tr Co
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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