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Property profile & analytics
OFF-MARKET
Retail space
650 Northampton St Easton, PA 18042-4239
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-0388128
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
3,020 SF
Lot
0.29 ac (12,430 SF)
Zoning code
BNS
APN
L9SE1B 25 1 0310
UPID
US73-0388128
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
-
Daddy's Place Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sharbel Koorie · 6 yrs held
Sharbel Koorie
since 2019
7 recorded transactions
Zoning & alternative use
BNS · Easton, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,691
Tax year 2024
Assessed value
$64,500
Assessed 2024
Previous assessed
$62,400
+3.4% YoY
Effective rate
10.37%
On assessed value
Assessed land
$26,300
Assessed improvement
$38,200
Land market value
$52,600
Improvement market value
$76,400
Total market value
$129,000
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
Year built
1950
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
3,020 SF
Lot
0.29 ac (12,430 SF)
Zoning code
BNS
APN
L9SE1B 25 1 0310
UPID
US73-0388128
Jurisdiction
NORTHAMPTON
Zoning & alternative use
BNS · Easton, PA
Zoning BNS · permitted uses
BNS · 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.
Building & site characteristics
From public records
Year built
1950
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Sharbel Koorie
Individual
Mailing address
38 S 9TH ST, EASTON, PA 18042-4243
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2022
—
Peter Koorie
—
Deed
related
$395,850 · Irco Community FCU
Dec 31, 2019
—
Sharbel Koorie
Sharbel Koorie
Quit Claim Deed
related
—
Mar 8, 2012
—
Sharbel Koorie
Koorie,peter & Sharbel
Quit Claim Deed
related
—
Feb 28, 2012
$200,000
Peter Koorie
Drenzek,stephen R & Dawn M
Grant Deed
$180,000 · Merchants Bank
Apr 24, 2000
$80,000
Stephen R Drenzek
Northampton Glass Works
Grant Deed
$75,000 · Twin Rivers Community Bank
—
—
Sharbel Koorie
—
Deed Of Trust
related
$30,000 · Greater Easton Dev Ptshp INC
—
—
Sharbel Koorie
—
Deed Of Trust
related
$390,764 · Merchants Bank
—
—
Sharbel Koorie
—
Deed Of Trust
related
$50,000 · Merchants Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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