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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Apartment buildings
612 Saint John St Allentown, PA 18103-3291
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-5881512
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1905
Construction
BRICK
Total area
4,680 SF
Lot
0.07 ac (3,200 SF)
Zoning code
R-MH
APN
640626884080-1
UPID
US73-5881512
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
$665k
Comparable Approach
Comparable
$488k
Blend (final)
Blend
$570k
Owner & transaction history
Zak Homes LLC · 7 yrs held
Zak Homes LLC
since 2019
6 recorded transactions
Zoning & alternative use
R-MH · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$890,000
+64.2%
Office building
$635,000
+16.9%
Commercial (general)
$580,000
+7.0%
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 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%
$720,000
6.5%
$665,000
7%
$615,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$540,000
Current use
AUTO REPAIR, GARAGE
$890,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$635,000
Change: +17% · Conversion: Moderate
COMMERCIAL (GENERAL)
$580,000
Change: +7% · Conversion: Moderate
RETAIL STORES
$520,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$122 / 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
$8,130
Tax year 2024
Assessed value
$256,700
Assessed 2024
Previous assessed
$256,700
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$10,700
Assessed improvement
$246,000
Land market value
$10,700
Improvement market value
$246,000
Total market value
$256,700
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1905
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
5
Rooms
21
Bathrooms
5
Total area
4,680 SF
Lot
0.07 ac (3,200 SF)
Zoning code
R-MH
APN
640626884080-1
UPID
US73-5881512
Jurisdiction
LEHIGH
Zoning & alternative use
R-MH · Allentown, PA
Zoning R-MH · permitted uses
R-MH · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$540,000
AUTO REPAIR, GARAGE
Est. value
$890,000
OFFICE BUILDING
Est. value
$635,000
COMMERCIAL (GENERAL)
Est. value
$580,000
RETAIL STORES
Est. value
$520,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1905
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
5
Rooms
21
Bathrooms
5
Lot
0.07 ac
Current owner
From public records · entity-resolved
Zak Homes LLC
Entity
Mailing address
7 MURIEL AVE, LAWRENCE, NY 11559-1810
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2019
—
Zak Homes LLC
—
Grant Deed
related
$1,019,250 · Corevest American Fin Lender L
Mar 7, 2019
$265,000
Zak Homes LLC
Morel,miguel D
Grant Deed
$212,000 · People First FCU
Dec 2, 2005
$245,000
Miguel D Morel
Kamel Nimeh
Deed
$195,000 · Silver Hill Financial LLC
Oct 3, 2003
$149,000
Kamel Nimeh
Thomas,percival G & Ian V
Grant Deed
—
May 31, 2001
$70,000
Percival G Thomas
Meixsell,robert F
Grant Deed
—
—
—
Percival G Thomas
—
Deed Of Trust
related
$75,000 · Key Bank USA 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.
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