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Property profile & analytics
OFF-MARKET
Estimated value
$3,150,000
Grocery and convenience stores
704 Emaus Ave 732 Allentown, PA 18103-6773
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-1247150
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1964
Total area
65,045 SF
Lot
6.95 ac (302,568 SF)
Zoning code
B-4
APN
640640311900-1
UPID
US73-1247150
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
-
Nan King Restaurant
-
Joseph Heydt: Allstate Insurance Insurance Agency
-
J&G ChmneyServices General Contractor Renovation Specialist
-
South Mountain Beverage LLC Big Box & Wholesale Store Distribution Center
-
Superfood Fresh Supermarket - Allentown Specialty Food Shop Supermarket
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.78M
Blend (final)
Blend
$3.15M
Owner & transaction history
Pph-eastside LLC · 9 yrs held
Pph-eastside LLC
since 2016
6 recorded transactions
Zoning & alternative use
B-4 · Allentown, 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 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.15M
Range $2.84M – $3.47M · ±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
$48 / 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
$171,441
Tax year 2024
Assessed value
$4,430,400
Assessed 2024
Previous assessed
$5,816,700
-23.8% YoY
Effective rate
3.87%
On assessed value
Assessed land
$1,815,500
Assessed improvement
$2,614,900
Land market value
$1,815,500
Improvement market value
$2,614,900
Total market value
$4,430,400
Applied tax rate
19.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1964
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
65,045 SF
Lot
6.95 ac (302,568 SF)
Zoning code
B-4
APN
640640311900-1
UPID
US73-1247150
Jurisdiction
LEHIGH
Zoning & alternative use
B-4 · Allentown, PA
Zoning B-4 · permitted uses
B-4 · 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.
Building & site characteristics
From public records
Year built
1964
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
6.95 ac
Current owner
From public records · entity-resolved
Pph-eastside LLC
Entity
Mailing address
678 REISTERSTOWN RD, BALTIMORE, MD 21208-5112
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2023
—
Pph Eastside LLC
—
Deed
related
$6,000,000 · Mercer County State Bank
Nov 8, 2016
$3,988,807
Pph-eastside LLC
Eastside Plaza LP
Grant Deed
—
May 27, 2016
—
Eastside Plaza LP
—
Deed
related
$14,756,400 · Heid Joan K Trust (pt)
Jul 20, 2006
$7,100,000
Eastside Plaza
2102 Dev Corp
Grant Deed
—
Mar 2, 1998
—
2102 Development Corp
—
Deed Of Trust
related
$17,275,000 · Transatlantic Capital Co LLC
—
—
Eastside Plaza LP
—
Deed Of Trust
related
$14,756,400 · Heid Joan K Trust (pt)
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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