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Property profile & analytics
OFF-MARKET
Estimated value
$1,320,000
Retail space
600 Noble St Kutztown, PA 19530-9503
Entity Owned
12-yr Hold
Free & Clear
Property ID
US73-3033422
Property summary
AI-generated overview
This 11,931-square-foot industrial warehouse, located at 600 Noble St, Kutztown, PA 19530, presents a unique opportunity. Situated on a 7.5-acre lot in Berks County (APN 545303031202), this two-story building boasts a 22.6-foot ceiling height, ideal for various uses. Built in 1987, the structure features a pole barn design with vertical metal panels and a metal roof, offering durability and low maintenance. The property is zoned C-1 Commercial and offers easy access from Route 222. The warehouse includes two dock-high doors and two drive-in doors, facilitating efficient loading and unloading. A 3,300-square-foot mezzanine provides additional storage space. Clerestory windows above the mezzanine offer natural light. Note that the space is unheated and uninsulated, and lacks a bathroom. A large stone/gravel parking lot provides ample space. This former lumberyard warehouse is perfect for storage or indoor parking, offering significant potential for various businesses. The property is multi-tenanted, with one space currently available.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Total area
14,464 SF
Lot
7.54 ac (328,442 SF)
APN
5453-03-03-1202
UPID
US73-3033422
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
$1.57M
Blend (final)
Blend
$1.32M
Owner & transaction history
600 Noble Mm LLC · 12 yrs held
600 Noble Mm LLC
since 2013
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+61.5%
Office building
$1.4M
+47.1%
Restaurant
$1.3M
+35.0%
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 Kutztown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kutztown 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
RETAIL STORES
$960,000
Current use
AUTO REPAIR, GARAGE
$1,545,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$1,410,000
Change: +47% · Conversion: Easy
RESTAURANT
$1,295,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$1,015,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$940,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.32M
Range $1.19M – $1.45M · ±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
$91 / 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
$6,760
Tax year 2024
Assessed value
$595,900
Assessed 2024
Previous assessed
$595,900
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$166,000
Assessed improvement
$429,900
Land market value
$166,000
Improvement market value
$429,900
Total market value
$595,900
Applied tax rate
63.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Heating
NONE
Buildings
2
Stories
1
Total area
14,464 SF
Lot
7.54 ac (328,442 SF)
APN
5453-03-03-1202
UPID
US73-3033422
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
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
RETAIL STORES Current
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.3M
WAREHOUSE, STORAGE
Est. value
$1.0M
COMMERCIAL (GENERAL)
Est. value
$940,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
COMMERCIAL (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
1987
Heating
NONE
Stories
1
Buildings
2
Lot
7.54 ac
Current owner
From public records · entity-resolved
600 Noble Mm LLC
Entity
Free & Clear · 12 yrs held
Mailing address
197 DEYSHER RD, KUTZTOWN, PA 19530-9733
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2013
$900,000
600 Noble Mm LLC
600 Noble Associates LP
Grant Deed
—
Feb 10, 2006
$1,200,000
600 Noble Associates
Christmann,timothy J & Tracy A
Grant Deed
$900,000 · Beneficial Mutual Savings
Aug 5, 2004
$890,000
Timothy J Christmann
Martin,raymond B & Wilma R
Grant Deed
$667,500 · Wachovia Bank NA
—
—
Martin,raymond B & Wilma R
—
Deed Of Trust
related
$75,000 · Keystone Fin'l 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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