Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Manufacturing properties
620 Lehigh Dr Easton, PA 18042-6246
Individually Owned
10-yr Hold
Free & Clear
Property ID
US73-1840482
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1903
Total area
7,916 SF
Lot
1.33 ac (57,935 SF)
Zoning code
IGL
APN
L9SE4B 2 6 0310
UPID
US73-1840482
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
-
Pennsylvania Water Rescue Rescue Squad
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$595k
Blend (final)
Blend
$555k
Owner & transaction history
Lafayette College · 10 yrs held
Lafayette College
since 2015
3 recorded transactions
Zoning & alternative use
IGL · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$885,000
+48.7%
Auto repair, garage
$740,000
+23.8%
Retail stores
$735,000
+23.2%
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 Easton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Easton 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)
$595,000
Current use
RESTAURANT
$885,000
Change: +49% · Conversion: Difficult
AUTO REPAIR, GARAGE
$740,000
Change: +24% · Conversion: Easy
RETAIL STORES
$735,000
Change: +23% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$645,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$555k
Range $500k – $611k · ±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
$70 / 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
$9,316
Tax year 2024
Assessed value
$89,800
Assessed 2024
Previous assessed
$89,800
+0.0% YoY
Effective rate
10.37%
On assessed value
Assessed land
$52,100
Assessed improvement
$37,700
Land market value
$104,200
Improvement market value
$75,400
Total market value
$179,600
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1903
Heating
YES
Cooling
WINDOW A/C
Buildings
2
Stories
1
Total area
7,916 SF
Lot
1.33 ac (57,935 SF)
Zoning code
IGL
APN
L9SE4B 2 6 0310
UPID
US73-1840482
Jurisdiction
NORTHAMPTON
Zoning & alternative use
IGL · Easton, PA
Zoning IGL · permitted uses
IGL · Easton, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Easton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$595,000
RESTAURANT
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$740,000
RETAIL STORES
Est. value
$735,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$645,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1903
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
1.33 ac
Current owner
From public records · entity-resolved
Lafayette College
Individual
Free & Clear · 10 yrs held
Mailing address
730 SULLIVAN RD, EASTON, PA 18042-1760
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2015
$200,000
Lafayette College
620 Lehigh Drive LLC
Grant Deed
—
Jul 29, 2013
—
620 Lehigh Drive LLC
620 Lehigh Drive LLC
Quit Claim Deed
—
Aug 23, 2005
$157,894
620 Lehigh Drive LLC
General Supply
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 620 Lehigh Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
