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Property profile & analytics
OFF-MARKET
Estimated value
$2,740,000
Industrial properties
614 Gremar Rd, Nazareth, PA 18064-8788
Entity Owned
13-yr Hold
Free & Clear
Property ID
US73-5719910
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1965
Total area
33,873 SF
Lot
5 ac (217,800 SF)
Zoning code
PIC
APN
K7 19 14A 0418
UPID
US73-5719910
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
-
Everson Tesla Incorporated Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.94M
Blend (final)
Blend
$2.74M
Owner & transaction history
Everson Tesla INC · 13 yrs held
Everson Tesla INC
since 2012
7 recorded transactions
Zoning & alternative use
PIC · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.5M
+61.5%
Restaurant
$3.8M
+36.7%
Auto repair, garage
$3.6M
+28.5%
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 Nazareth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nazareth 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
INDUSTRIAL (GENERAL)
$2,775,000
Current use
RETAIL STORES
$4,480,000
Change: +62% · Conversion: Moderate
RESTAURANT
$3,795,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,565,000
Change: +29% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,985,000
Change: +7% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,765,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$2.74M
Range $2.47M – $3.01M · ±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
$81 / 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
$60,127
Tax year 2024
Assessed value
$825,800
Assessed 2024
Previous assessed
$825,800
+0.0% YoY
Effective rate
7.28%
On assessed value
Assessed land
$125,000
Assessed improvement
$700,800
Land market value
$250,000
Improvement market value
$1,401,600
Total market value
$1,651,600
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1965
Heating
YES
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
1
Total area
33,873 SF
Lot
5 ac (217,800 SF)
Zoning code
PIC
APN
K7 19 14A 0418
UPID
US73-5719910
Jurisdiction
NORTHAMPTON
Zoning & alternative use
PIC · Nazareth, PA
Zoning PIC · permitted uses
PIC · Nazareth, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nazareth. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.8M
RETAIL STORES
Est. value
$4.5M
RESTAURANT
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.6M
COMMERCIAL (GENERAL)
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1965
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Lot
5 ac
Current owner
From public records · entity-resolved
Everson Tesla INC
Entity
Free & Clear · 13 yrs held
Mailing address
614 GREMAR RD, NAZARETH, PA 18064-8788
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2017
—
Everson Tesla INC
—
Deed
related
$450,000 · Industrial Dev Auth
Aug 5, 2016
—
Everson Tesla INC
—
Deed
related
$900,000 · Embassy Bk/lehigh Vly
Jul 18, 2012
—
Everson Tesla INC
Northampton Cnty New Jobs Corp
Grant Deed
—
Jul 17, 2012
—
Northampton Cnty New Jobs Corp
Everson Tesla INC
Grant Deed
—
Aug 4, 2011
—
Everson Tesla INC
—
Trustees Deed
related
$850,000 · Embassy Bank Lehigh Valley
Apr 24, 2009
—
Northampton Cnty New Jobs Corp
Everson Tesla INC
Grant Deed
—
Jun 26, 2008
—
Everson Tesla INC
—
Trustees Deed
related
$1,000,000 · Embassy Bank Lehigh Valley
Mar 2, 2005
—
Everson Tesla INC
Northampton County New Jobs
Grant Deed
related
—
Jan 3, 2005
$1,100,000
Everson Tesla INC
New Hudson Associates
Grant Deed
—
—
—
Everson Tesla INC
—
Deed Of Trust
related
$900,000 · Embassy Bk/lehigh Vly
—
—
Northampton Cnty New Jobs Corp
—
Deed Of Trust
related
$358,500 · Pennsylvania Ind'l Dev Auth
—
—
Northampton Cnty New Jobs Corp
—
Deed Of Trust
related
$573,211 · Pennsylvania Ind'l Dev Auth
—
—
Northampton Cnty New Jobs Corp
—
Deed Of Trust
related
$625,000 · Pennsylvania Ind'l Dev Auth
—
—
Everson Tesla INC
—
Loan Modification
related
$360,000 · Industrial Dev Auth
—
—
Everson Tesla INC
—
Deed Of Trust
related
$450,000 · Industrial Dev Auth
—
—
Northampton Cnty New Jobs Corp
—
Deed Of Trust
related
$836,500 · Pennsylvania Ind'l Dev Auth
—
—
Everson Tesla INC
—
Deed Of Trust
related
$1,100,000 · Embassy Bank Lehigh Valley
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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