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Property profile & analytics
OFF-MARKET
Estimated value
$12,360,000
Office Spaces
601 10th St 629 Allentown, PA 18103-3689
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-3048175
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1919
Total area
214,500 SF
Lot
7.66 ac (333,626 SF)
Zoning code
I-3
APN
640607693946-1
UPID
US73-3048175
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
-
Blend-Pro Industrial Manufacturer Production Facility
-
Eastern Surfaces Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.10M
Blend (final)
Blend
$12.36M
Owner & transaction history
Bridgeworks By The Crk Condo A · 7 yrs held
Bridgeworks By The Crk Condo A
since 2019
4 recorded transactions
Zoning & alternative use
I-3 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide areas suitable for a wide variety of industrial and related uses with controls necessary for insuring sound industrial development
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
703.43 ac
Source
Realmo
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 Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown 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
Blend value · Realmo final
$12.36M
Range $11.12M – $13.60M · ±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
$58 / 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
Assessed value
$612,700
Assessed 2024
Previous assessed
$612,700
+0.0% YoY
Assessed land
$612,700
Land market value
$612,700
Total market value
$612,700
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1919
Heating
NONE
Stories
1
Total area
214,500 SF
Lot
7.66 ac (333,626 SF)
Zoning code
I-3
APN
640607693946-1
UPID
US73-3048175
Jurisdiction
LEHIGH
Zoning & alternative use
I-3 · Allentown, PAZoning I-3 · permitted uses
I-3 · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide areas suitable for a wide variety of industrial and related uses with controls necessary for insuring sound industrial development
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
703.43 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1919
Heating
NONE
Stories
1
Lot
7.66 ac
Current owner
From public records · entity-resolved
Bridgeworks By The Crk Condo A
Individual
Mailing address
905 HARRISON ST, ALLENTOWN, PA 18103-3188
Ownership since
2019
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
Jan 29, 2019
—
Bridgeworks By The Crk Condo A
Allentown Coml & Indl Dev Au
Grant Deed
related
—
—
—
Allentown Coml
—
Deed Of Trust
related
$807,145 · Knbt
—
—
Allentown Coml
—
Deed Of Trust
related
$615,000 · Susquehanna Bank
—
—
Rocmart Land Dev LLC
—
Deed Of Trust
related
$800,617 · Essa Bank & Trust
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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