New search
Property profile & analytics
FOR LEASE
Warehouses
600 Brighton St, Fountain Hill, PA 18015
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1061273
For Lease
$18,265,000
600 Brighton St, Fountain Hill, PA 18015
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
230,780 SF
Lot
14.48 ac (630,575 SF)
Zoning code
I
APN
642734273372-1
UPID
US73-1061273
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$22.59M
Blend (final)
Blend
$18.27M
Owner & transaction history
Mt Brunel LLC · 4 yrs held
Mt Brunel LLC
since 2022
Last sale
$18.0M
5 recorded transactions
Zoning & alternative use
I · Fountain Hill, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$29.0M
+31.7%
Auto repair, garage
$28.0M
+27.0%
Industrial (general)
$22.4M
+1.7%
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 Fountain Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fountain Hill 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
$17,905,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$22,025,000
Current use
APARTMENT HOUSE (5+ UNITS)
$29,015,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$27,965,000
Change: +27% · Conversion: Easy
INDUSTRIAL (GENERAL)
$22,395,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$18.27M
Range $16.44M – $20.09M · ±10% · vs last sale $18.00M (Jun 10 2022)
Last sale anchor
$18.00M
Jun 10 2022
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
$79 / 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
$307,061
Tax year 2024
Assessed value
$9,656,000
Assessed 2024
Previous assessed
$8,442,500
+14.4% YoY
Effective rate
3.18%
On assessed value
Assessed land
$450,000
Assessed improvement
$9,206,000
Land market value
$450,000
Improvement market value
$9,206,000
Total market value
$9,656,000
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1985
Heating
SPACE
Stories
1
Total area
230,780 SF
Lot
14.48 ac (630,575 SF)
Zoning code
I
APN
642734273372-1
UPID
US73-1061273
Jurisdiction
LEHIGH
Zoning & alternative use
I · Fountain Hill, PA
Zoning I · permitted uses
I · Fountain Hill, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fountain Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$22.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$29.0M
AUTO REPAIR, GARAGE
Est. value
$28.0M
INDUSTRIAL (GENERAL)
Est. value
$22.4M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1985
Heating
SPACE
Stories
1
Lot
14.48 ac
Current owner
From public records · entity-resolved
Mt Brunel LLC
Entity
Mailing address
500 FASHION AVE FL 7A, NEW YORK, NY 10018-0830
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2022
$18,000,000
Mt Brunel LLC
Brighton Industrial LLC
Special Warranty Deed
$12,850,000 · First Citizens Bank & Trust Co
Sep 8, 2021
—
Brighton Industrial LLC
—
Deed
related
$8,100,000 · Provident Bank
Sep 10, 2018
$8,373,500
Brighton Industrial LLC
Ruhle & Kerr Associates
Grant Deed
$7,700,000 · Sg Cap Ptrs LLC
Oct 11, 2016
—
Ruhle & Kerr Associates
—
Deed
related
$18,500,000 · M & T Bank
Jun 14, 2006
$1,641,373
Ruhle & Kerr Associates
Lehigh County Industrial Developmen
Deed
$8,000,000 · Wachovia Bank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
