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Property profile & analytics
OFF-MARKET
Bars & Pubs
723 8th St Allentown, PA 18103-3238
Individually Owned
19-yr Hold
Free & Clear
Property ID
US73-0122239
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1915
Construction
TYPE NOT SPECIFIED
Total area
3,431 SF
Lot
0.04 ac (1,650 SF)
Zoning code
R-MH
APN
640617719020-1
UPID
US73-0122239
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
-
Puzzles Bar & Pub
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
Kelly M Smith · 19 yrs held
Kelly M Smith
since 2007
1 recorded transaction
Zoning & alternative use
R-MH · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide areas of medium high density with a mix of housing types, to protect these areas from incompatible uses, and to stabilize and preserve older neighborhoods
Zone name
Medium High Density Residential
General category
RESIDENTIAL
Zone area
1,339.51 ac
Source
Realmo
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
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
$5,449
Tax year 2024
Assessed value
$171,900
Assessed 2024
Previous assessed
$171,900
+0.0% YoY
Effective rate
3.17%
On assessed value
Assessed land
$7,400
Assessed improvement
$164,500
Land market value
$7,400
Improvement market value
$164,500
Total market value
$171,900
Applied tax rate
12.0000
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1915
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
1
Rooms
8
Bathrooms
3
Total area
3,431 SF
Lot
0.04 ac (1,650 SF)
Zoning code
R-MH
APN
640617719020-1
UPID
US73-0122239
Jurisdiction
LEHIGH
Zoning & alternative use
R-MH · Allentown, PAZoning R-MH · permitted uses
R-MH · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide areas of medium high density with a mix of housing types, to protect these areas from incompatible uses, and to stabilize and preserve older neighborhoods
Zone name
Medium High Density Residential
General category
RESIDENTIAL
Zone area
1,339.51 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1915
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
1
Rooms
8
Bathrooms
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
Kelly M Smith
Individual
Free & Clear · 19 yrs held
Mailing address
723 S 8TH ST, ALLENTOWN, PA 18103-3238
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2007
$225,000
Kelly M Smith
Deutsch,eva R
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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