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Property profile & analytics
FOR LEASE
Warehouses
6923 Schantz Rd Allentown, PA 18106
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2908838
For Lease
1 / 9
$7,770,000
6923 Schantz Rd, Allentown, PA 18106
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Total area
99,678 SF
Lot
12.37 ac (538,837 SF)
Zoning code
LI
APN
546641565072-1
UPID
US73-2908838
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
-
Nestle Association / Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.52M
CAP Approach
CAP
$9.48M
Comparable Approach
Comparable
$7.85M
Blend (final)
Blend
$7.77M
Owner & transaction history
6923 Schantz Road LLC · 2 yrs held
6923 Schantz Road LLC
since 2023
Last sale
$7.9M
5 recorded transactions
Zoning & alternative use
LI · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$12.3M
+48.8%
Apartment house (5+ units)
$11.5M
+38.1%
Retail stores
$11.1M
+33.5%
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 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
$7,670,000
ML approach
$7,520,000
CAP Approach
CAP Return
Estimation
6%
$10,270,000
6.5%
$9,480,000
7%
$8,805,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,295,000
Current use
COMMERCIAL (GENERAL)
$12,345,000
Change: +49% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$11,455,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$11,075,000
Change: +34% · Conversion: Moderate
Blend value · Realmo final
$7.77M
Range $6.99M – $8.55M · ±10% · vs last sale $7.90M (Oct 18 2023)
Last sale anchor
$7.90M
Oct 18 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
$78 / 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
$93,482
Tax year 2024
Assessed value
$4,490,000
Assessed 2024
Previous assessed
$4,490,000
+0.0% YoY
Effective rate
2.08%
On assessed value
Assessed land
$1,113,300
Assessed improvement
$3,376,700
Land market value
$1,113,300
Improvement market value
$3,376,700
Total market value
$4,490,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1991
Heating
SPACE
Stories
1
Total area
99,678 SF
Lot
12.37 ac (538,837 SF)
Zoning code
LI
APN
546641565072-1
UPID
US73-2908838
Jurisdiction
LEHIGH
Zoning & alternative use
LI · Allentown, PA
Zoning LI · permitted uses
LI · 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
WAREHOUSE, STORAGE Current
Est. value
$8.3M
COMMERCIAL (GENERAL)
Est. value
$12.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$11.5M
RETAIL STORES
Est. value
$11.1M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1991
Heating
SPACE
Stories
1
Lot
12.37 ac
Current owner
From public records · entity-resolved
6923 Schantz Road LLC
Entity
Mailing address
2 COOPER ST, CAMDEN, NJ 08102-2348
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 18, 2023
$7,902,400
6923 Schantz Road LLC
Allentown Dc 3 LLC
Special Warranty Deed
$398,000,000 · New York Life Insurance Company
Mar 12, 2021
—
Allentown Dc 3 LLC
—
Deed
related
$50,000 · Citibank NA
Apr 7, 2020
$9,100,000
Allentown Dc 3 LLC
Shallross Investments LLC
Grant Deed
—
Mar 25, 2019
—
Shallross Investments LLC
—
Deed
related
$825,000 · First Bank
Feb 14, 2011
$4,000,000
Shallross Investments LLC
Liberty Property LP
Grant Deed
$2,684,000 · Bank Of America
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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