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Property profile & analytics
OFF-MARKET
Individual retail properties
709-711 Race St Catasauqua, PA 18032
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2336098
Property profile
Verified
Property type
Individual retail properties
Use group
BARBER, HAIR SALON
Total area
3,500 SF
Lot
0.14 ac (6,090 SF)
Zoning code
R2
APN
640848497623-1
UPID
US73-2336098
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Suleiman S Azar · 7 yrs held
Suleiman S Azar
since 2018
2 recorded transactions
Zoning & alternative use
R2 · Catasauqua, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-2 Medium Density Residential District: To provide for medium density residential neighborhoods; to protect these areas from incompatible uses; to encourage "one home on one lot" (which may be attached to another home) in order to promote home ownership and neighborhood stability; to make sure that "infill" development is consistent with neighboring develop…
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
371.67 ac
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 Catasauqua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Catasauqua 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,627
Tax year 2024
Assessed value
$167,400
Assessed 2024
Previous assessed
$167,400
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$18,300
Assessed improvement
$149,100
Land market value
$18,300
Improvement market value
$149,100
Total market value
$167,400
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
Individual retail properties
Use group
BARBER, HAIR SALON
Status
Off-Market
Heating
HOT WATER
Stories
2
Units
1
Total area
3,500 SF
Lot
0.14 ac (6,090 SF)
Zoning code
R2
APN
640848497623-1
UPID
US73-2336098
Jurisdiction
LEHIGH
Zoning & alternative use
R2 · Catasauqua, PAZoning R2 · permitted uses
R2 · Catasauqua, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-2 Medium Density Residential District: To provide for medium density residential neighborhoods; to protect these areas from incompatible uses; to encourage "one home on one lot" (which may be attached to another home) in order to promote home ownership and neighborhood stability; to make sure that "infill" development is consistent with neighboring development. (3)
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
371.67 ac
Building & site characteristics
From public records
Heating
HOT WATER
Stories
2
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Suleiman S Azar
Individual
Mailing address
709 RACE ST, CATASAUQUA, PA 18032-1118
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2018
$195,000
Suleiman S Azar
Kenneson,eileen K & Ronald R
Grant Deed
$180,000 · Ronald R & Eileen K Kenneson
Feb 21, 2001
—
Eileen K Kibler
Kibler,willard B
Quit Claim Deed
related
—
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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