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Property profile & analytics
OFF-MARKET
Estimated value
$2,460,000
Manufacturing properties
700 Fenwick St Allentown, PA 18109-1807
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2901165
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
36,380 SF
Lot
2.51 ac (109,248 SF)
Zoning code
I-2
APN
640776227873-1
UPID
US73-2901165
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
-
Lehigh Valley Technologies Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.52M
Comparable Approach
Comparable
$2.98M
Blend (final)
Blend
$2.46M
Owner & transaction history
Genus Lifesciences INC · 7 yrs held
Genus Lifesciences INC
since 2018
5 recorded transactions
Zoning & alternative use
I-2 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.0M
+44.8%
Retail stores
$3.8M
+36.9%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,730,000
6.5%
$2,520,000
7%
$2,340,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,745,000
Current use
APARTMENT HOUSE (5+ UNITS)
$3,975,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$3,755,000
Change: +37% · Conversion: Moderate
Blend value · Realmo final
$2.46M
Range $2.21M – $2.71M · ±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
$68 / 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
$58,190
Tax year 2024
Assessed value
$1,791,600
Assessed 2024
Previous assessed
$1,791,600
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$150,500
Assessed improvement
$1,641,100
Land market value
$150,500
Improvement market value
$1,641,100
Total market value
$1,791,600
Applied tax rate
15.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
YES
Cooling
YES
Stories
2
Total area
36,380 SF
Lot
2.51 ac (109,248 SF)
Zoning code
I-2
APN
640776227873-1
UPID
US73-2901165
Jurisdiction
LEHIGH
Zoning & alternative use
I-2 · Allentown, PA
Zoning I-2 · permitted uses
I-2 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
RETAIL STORES
Est. value
$3.8M
INDUSTRIAL (GENERAL) Current
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
Heating
YES
Cooling
Yes
Stories
2
Lot
2.51 ac
Current owner
From public records · entity-resolved
Genus Lifesciences INC
Entity
Mailing address
514 N 12TH ST, ALLENTOWN, PA 18102-2756
Ownership since
2018
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
May 7, 2019
—
Genus Lifesciences INC
—
Grant Deed
related
$4,807,500 · Wells Fargo Bk
Dec 7, 2018
$1,911,000
Genus Lifesciences INC
Jmm Holdings LLC
Grant Deed
—
Feb 9, 2016
$1,300,000
Jmm Holdings LLC
Homax Products INC
Grant Deed
related
$1,040,000 · Univest Bk & Tr Co
Dec 8, 2006
—
Aewa LLC
—
Deed Of Trust
related
$100,000,000 · General Electric Capital Corp
—
—
Homax Products INC
—
Deed Of Trust
related
$153,000,000 · General Electric Capital Corp
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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