Technical
Financial
Distress signals
Property profile

602 7th St 618 Allentown, PA 18102

OFF-MARKET
Grocery and convenience stores
Property ID
US73-2317887
76,500 SF 1.73 ac lot Built 1948
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1948
Total area 76,500 SF
Lot 1.73 ac (75,359 SF)
Zoning code B1/R
APN 549793642421-1
UPID US73-2317887

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Specialty Food Shop Supermarket

Location

602 7th St, Unit 618 Allentown, PA 18102-1648
Allentown metro Census 1600 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.47M
Blend (final) Blend
$6.25M

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2016
Price N/A
2016
Price N/A
2016
Price N/A
2016
Price N/A
2014
Price N/A
2014
$1.6M

Zoning & alternative use

B1/R · Allentown, PA
Top alternative use upside
Apartment house (5+ units) $8.7M +19.7%
Office building $8.1M +10.7%
Commercial (general) $7.8M +6.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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