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Property profile & analytics
OFF-MARKET
Estimated value
$1,690,000
Office Spaces
708 Main St Hellertown, PA 18055-1513
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-5979728
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
2016
Total area
11,596 SF
Lot
0.58 ac (25,400 SF)
Zoning code
TC
APN
Q7SW2D 5 1 0715
UPID
US73-5979728
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
-
M. Katherine Mitchell, DO Physician
-
LVPG Family Medicine–Hellertown Medical Clinic
-
Health Center at Hellertown Medical Clinic
-
Jeffrey S. Brown, DO Physician
-
HNL Lab Medicine Hellertown Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.81M
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$1.69M
Owner & transaction history
Cpimf1 Pshtnpa LLC · 2 yrs held
Cpimf1 Pshtnpa LLC
since 2024
7 recorded transactions
Zoning & alternative use
TC · Hellertown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+37.2%
Retail stores
$1.5M
+18.9%
Restaurant
$1.3M
+0.6%
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 Hellertown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hellertown 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%
$1,955,000
6.5%
$1,805,000
7%
$1,675,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,290,000
Current use
MEDICAL BUILDING
$1,770,000
Change: +37% · Conversion: Easy
RETAIL STORES
$1,535,000
Change: +19% · Conversion: Easy
RESTAURANT
$1,300,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,220,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±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
$146 / 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
$45,810
Tax year 2024
Assessed value
$526,800
Assessed 2024
Previous assessed
$526,800
+0.0% YoY
Effective rate
8.70%
On assessed value
Assessed land
$67,100
Assessed improvement
$459,700
Land market value
$134,200
Improvement market value
$919,400
Total market value
$1,053,600
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
2016
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
11,596 SF
Lot
0.58 ac (25,400 SF)
Zoning code
TC
APN
Q7SW2D 5 1 0715
UPID
US73-5979728
Jurisdiction
NORTHAMPTON
Zoning & alternative use
TC · Hellertown, PA
Zoning TC · permitted uses
TC · Hellertown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hellertown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES
Est. value
$1.5M
RESTAURANT
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
AUTO REPAIR, GARAGE
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
2016
Heating
YES
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Cpimf1 Pshtnpa LLC
Entity
Mailing address
195 NN ST STE #100, TETERBORO, NJ 07608-1216
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2024
—
Cpimf1 Pshtnpa LLC
Cpi Hellertown One LLC
Correction Deed
related
—
Aug 29, 2022
$5,000,000
Cpimf1 Pshtpa LLC
Cpi Hellertown One LLC
Deed
$100,000 · Santander Bank NA
Feb 5, 2019
$3,900,000
Cpi Hellertown One LLC
708 Main Street LP
Grant Deed
$2,925,000 · Bank Of Nj
Mar 7, 2017
—
708 Main Street L P
—
Deed
related
$150,000 · Merchants Bank Of Bangor
Dec 12, 2016
—
708 Main Street L P
—
Deed
related
$50,000 · Merchants Bank Of Bangor
Nov 1, 2016
—
708 Main St LP
—
Deed
related
$50,000 · Merchants Bank Of Bangor
Apr 7, 2015
$880,000
708 Main Street LP
Major Of Mortors Of Pennsylvania In
Deed
$2,576,000 · Merchants Bank Of Bangor
Jul 10, 2013
$575,000
Major Motors Of Pennsylvania INC
Horst & Horst LLC
Grant Deed
$520,000 · National Penn Bank
Apr 4, 2007
$765,000
Horst And Horst LLC
John Noble
Warranty Deed
$500,000 · Keystone Nazareth B & T C
Apr 4, 2001
$150,000
John Noble
Wilt,andrew & Luanne
Grant Deed
$214,000 · American Bank
—
—
Carl R Buck
—
Deed Of Trust
related
$151,550 · Gmac Mortgage Corp
—
—
Major Motors Of Pennsylvania INC
—
Deed Of Trust
related
$75,000 · National Penn 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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