Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    702 Saint John St Allentown, PA 18103-3510
    Back to Search
    Property profile & analytics

    702 Saint John St, Allentown, PA 18103-3510

    View on Map
    • Apartment buildings
    • 7,524 SF
    • 0.08 lot acres
    Off-Market
    Last Sale Aug 16, 2021
    $640,000
    Property ID
    US73-2375453
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $700,000
    Show details
    Cap Rate Potential
    9.8%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 702 Saint John St

    Year built
    1928
    Construction
    BRICK
    Lot size
    0.08 lot acres
    Zone code
    R-MH
    Property type
    Apartment buildings
    APN
    640626569864-1
    APU
    6406265698641

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 16, 2021 $640,000 Grand Land Creations LLC Jsdsjs 1 LLC Deed $450k · Rcn Capital LLC
    Feb 3, 2020 — Jsdsjs1 LLC — Deed · related $1.1M · Provident Bk
    Oct 26, 2018 $530,000 Jsdsjs1 LLC Lwr Holdings LLC Grant Deed —
    Jul 8, 2013 $369,000 Lwr Holdings LLC Eberts,carolyn M Grant Deed · related $295k · Pnc Bank
    — — Jsdsjs1 LLC — Deed Of Trust · related $1.1M · Provident Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $710,000
      ML approach
      $755,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $685,000
      Market price range: $685k - $1.07M
      AI Estimate
      $765,000
      Market price range: $765k - $1.30M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $870,000
      Current use
      OFFICE BUILDING
      $1,020,000
      Change: +17% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $930,000
      Change: +7% Conversion: Moderate
      RETAIL STORES
      $835,000
      Change: -4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4665
    Latitude
    40.5919
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,486
    $15,900
    $281,500
    $297,400
    -
    $15,900
    $281,500
    $297,400

    Comparable in this City

    • Value Estimation by Request
      2,745 SF

      735 Saint John St

      APARTMENT HOUSE (5+ UNITS)
      735 Saint John St, Allentown, PA 18103-3283
      View Details
    • Value Estimation
      $550,000
      5,600 SF

      802-804 Saint John St

      APARTMENT HOUSE (5+ UNITS)
      802-804 Saint John St, Allentown, PA 18103
      View Details
    • Value Estimation
      $570,000
      4,680 SF

      612 Saint John St

      APARTMENT HOUSE (5+ UNITS)
      612 Saint John St, Allentown, PA 18103-3291
      View Details
    • Value Estimation by Request
      1,568 SF

      526 Auburn St

      Multifamily properties
      526 Auburn St, Allentown, PA 18103
      View Details
    • Value Estimation by Request
      4,396 SF

      765-767 8th St

      APARTMENT HOUSE (5+ UNITS)
      765-767 8th St, Allentown, PA 18103
      View Details
    • Value Estimation by Request
      3,357 SF

      1002 6th St

      APARTMENT HOUSE (UNDER 5 UNITS)
      1002 6th St, Allentown, PA 18103-3369
      View Details

    Similar Nearby for Sale

    • $899,000
      3,898 SF

      Mixed-Use Property For Sale

      Income-producing mixed-use property suitable for retail, office, or residential use.
      3144 Hamilton Boulevard Byp, Allentown, PA 18103
      View Details
    • Contact for pricing
      44,000 SF

      44,000 SF Building in Allentown

      44,000 SF building approved for 40 apartments.
      2268 South 12Th St, Allentown, PA 18103
      View Details
    • $899,000
      3,898 SF

      Mixed-Use Property with Retail Space

      Income-producing mixed-use property with retail/office space and apartments.
      3144 Hamilton Boulevard Byp, Allentown, PA 18103
      View Details
    • New
      $399,000
      0.04 Acres

      Allentown Multifamily Investment Opportunity

      Fully occupied three-unit property with immediate cash flow potential.
      744 N 5Th St, Allentown, PA 18103
      View Details
    • $849,900
      7,055 SF

      Daycare/Multifamily Opportunity in Allentown City

      Three buildings suitable for daycare or multifamily use in Allentown.
      2302 S 5Th St, Allentown, PA 18103
      View Details
    • Contact for pricing
      7,055 SF

      Established Daycare Facility For Sale

      Well-maintained daycare property with updated facilities and secure outdoor play.
      2302-2310 S 5Th St, Allentown, PA 18103
      View Details

    Similar Nearby for Lease

    • $1,350 /Mo

      Commercial Space in Allentown, PA

      Clean commercial space in Allentown, PA, ready for customization.
      1911 S Bradford St, Allentown, PA 18103
      View Details
    • Contact for pricing
      148,104 SF

      Shovel Ready Lehigh Valley Land

      Fully approved land for lease with I-78 visibility.
      1811 Glenwood St SW, Allentown, PA 18103
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space Near Dorney Park

      High-visibility retail space with access to major roadways and attractions.
      3227 Hamilton Blvd, Allentown, PA 18103
      View Details
    • New
      $3,000 /Mo
      8,799 SF

      Brick-Front Flex Office Suite

      A flex-space office with private offices, conference room, and garage-level flexibility for storage or expanded operations.
      203 E Emmaus Ave, Allentown, PA 18103
      View Details
    • Contact for pricing

      Established Salon/Barber Shop Opportunity

      Fully equipped salon/barber shop with loyal customer base for lease.
      120 E Emaus Ave, Allentown, PA 18103
      View Details
    • $1,100 /Mo

      Modern Office Space in Allentown

      Open office space with private office, high-traffic location.
      1125 S Cedar Crest Blvd, Allentown, PA 18103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    702 Saint John St
    Allentown, PA 18103-3510
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    702 Saint John St, Allentown, PA, 18103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!