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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Retail space
620 Main St Slatington, PA 18080-1451
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-5783239
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
7,440 SF
Lot
0.07 ac (3,000 SF)
Zoning code
TC
APN
556203468672-1
UPID
US73-5783239
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
$630k
CAP Approach
CAP
$780k
Comparable Approach
Comparable
$489k
Blend (final)
Blend
$645k
Owner & transaction history
Nick Piergallini · 2 yrs held
Nick Piergallini
since 2023
Last sale
$650,000
4 recorded transactions
Zoning & alternative use
TC · Slatington, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$995,000
+10.0%
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 Slatington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Slatington 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
$650,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
RETAIL STORES
$905,000
Current use
COMMERCIAL (GENERAL)
$995,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$780,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $650k (Aug 3 2023)
Last sale anchor
$650k
Aug 3 2023
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
$87 / 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
$5,425
Tax year 2024
Assessed value
$150,100
Assessed 2024
Previous assessed
$150,100
+0.0% YoY
Effective rate
3.61%
On assessed value
Assessed land
$6,000
Assessed improvement
$144,100
Land market value
$6,000
Improvement market value
$144,100
Total market value
$150,100
Applied tax rate
1.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
HOT WATER
Stories
3
Units
6
Total area
7,440 SF
Lot
0.07 ac (3,000 SF)
Zoning code
TC
APN
556203468672-1
UPID
US73-5783239
Jurisdiction
LEHIGH
Zoning & alternative use
TC · Slatington, PA
Zoning TC · permitted uses
TC · Slatington, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Slatington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$995,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$780,000
RETAIL STORES Current
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
Heating
HOT WATER
Stories
3
Units
6
Lot
0.07 ac
Current owner
From public records · entity-resolved
Nick Piergallini
Individual
Mailing address
456 UN BLVD, ALLENTOWN, PA 18109-3228
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2023
$650,000
Nick Piergallini
Brian R Keys
Special Warranty Deed
$487,500 · First Commonwealth FCU
Jun 17, 2005
$300,000
Brian R Keys
John Giordano
Deed
$240,000 · Wachovia Bank NA
Dec 18, 2003
$200,000
John Giordano
Spaar,dennis D & Susan E
Grant Deed
$180,000 · Patriot Bank NA
May 31, 2001
$163,000
Dennis D Spaar
Halm Associates
Grant Deed
$151,500 · Equity One INC
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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