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Property profile & analytics
OFF-MARKET
Estimated value
$4,115,000
Office buildings
612 Hamilton St 618 Allentown, PA 18101-2124
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0427118
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1910
Total area
41,364 SF
Lot
0.16 ac (6,795 SF)
Zoning code
B-2
APN
640710541151-1
UPID
US73-0427118
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
-
VidereOne LLC Film Production Television Studio
-
Beth Tucker, CMG Home Loans, NMLS1159576 Loan Service Bank
-
Primetime Marketing & Advertising
-
Hoffman Law LLC Law Firm
-
Defense Tax Partners - Allentown Tax Attorney | IRS Tax Relief Settlement Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.69M
Comparable Approach
Comparable
$3.27M
Blend (final)
Blend
$4.12M
Owner & transaction history
Schoens Allentown LLC · 12 yrs held
Schoens Allentown LLC
since 2013
7 recorded transactions
Zoning & alternative use
B-2 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.7M
+3.2%
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%
$3,990,000
6.5%
$3,685,000
7%
$3,420,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,500,000
Current use
COMMERCIAL (GENERAL)
$5,675,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,925,000
Change: -10% · Conversion: Easy
RETAIL STORES
$4,595,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$4.12M
Range $3.70M – $4.53M · ±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
$99 / 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
$146,007
Tax year 2024
Assessed value
$4,600,000
Assessed 2024
Previous assessed
$4,600,000
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$208,400
Assessed improvement
$4,391,600
Land market value
$208,400
Improvement market value
$4,391,600
Total market value
$4,600,000
Applied tax rate
2.0000
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 buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1910
Heating
YES
Cooling
YES
Stories
6
Total area
41,364 SF
Lot
0.16 ac (6,795 SF)
Zoning code
B-2
APN
640710541151-1
UPID
US73-0427118
Jurisdiction
LEHIGH
Zoning & alternative use
B-2 · Allentown, PA
Zoning B-2 · permitted uses
B-2 · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.5M
COMMERCIAL (GENERAL)
Est. value
$5.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
RETAIL STORES
Est. value
$4.6M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1910
Heating
YES
Cooling
Yes
Stories
6
Lot
0.16 ac
Current owner
From public records · entity-resolved
Schoens Allentown LLC
Entity
Mailing address
32 W 10TH ST FL #3, NEW YORK, NY 10011-8713
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2020
—
Schoens Allentown LLC
—
Deed
related
$7,062,925 · Peoples Sec Bk&tr
Oct 14, 2013
—
Schoens Allentown LLC
Schoens Allentown LLC
Quit Claim Deed
related
—
Feb 15, 2013
$250,000
Schoens Allentown LLC
Allentown Coml & Indl Dev Au
Grant Deed
related
—
Mar 22, 2001
$200,000
Commercial Allentown
Brookside Realty INC
Grant Deed
—
May 23, 1997
$120,000
Brookside Realty INC
Allentown R P INC
Grant Deed
$93,000 · Seller
—
—
Schoens Allentown LLC
—
Deed Of Trust
related
$1,200,000 · National Penn Bank
—
—
Schoens Allentown LLC
—
Deed Of Trust
related
$7,400,000 · National Penn Bank
—
—
Brookside Realty INC
—
Deed Of Trust
related
$450,000 · Individual
—
—
Schoens Allentown LLC
—
Deed Of Trust
related
$7,062,925 · Peoples Sec Bk&tr
—
—
Schoens Allentown LLC
—
Deed Of Trust
related
$500,000 · Allentown Economic Dev Corp
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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