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Property profile & analytics
FOR LEASE
Retail space
8537 Allentown Pike, Blandon, PA 19510
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-0721930
For Lease
1 / 7
$1,700/Mo
8537 Allentown Pike, Blandon, PA 19510
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
FRAME
Total area
6,000 SF
Lot
0.97 ac (42,253 SF)
APN
5411-15-62-8900
UPID
US73-0721930
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
-
Pandora Spa Alternative Medicine Practice Spa & Massage Center
-
Express Smoke Shop (Blandon) (Bike/Boat/Book/etc) Store Alternative Medicine Practice
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Domino's Pizza Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$636k
Blend (final)
Blend
$600k
Owner & transaction history
Vef 222 LLC · 6 yrs held
Vef 222 LLC
since 2019
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$965,000
+142.9%
Auto repair, garage
$640,000
+61.5%
Office building
$585,000
+47.1%
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 Blandon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blandon 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
Alternative Use
Use
Estimation
RETAIL STORES
$395,000
Current use
MEDICAL BUILDING
$965,000
Change: +143% · Conversion: Difficult
AUTO REPAIR, GARAGE
$640,000
Change: +62% · Conversion: Difficult
OFFICE BUILDING
$585,000
Change: +47% · Conversion: Easy
RESTAURANT
$535,000
Change: +35% · Conversion: Easy
WAREHOUSE, STORAGE
$420,000
Change: +6% · Conversion: Difficult
COMMERCIAL (GENERAL)
$390,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$600k
Range $540k – $660k · ±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
$100 / 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
$3,660
Tax year 2024
Assessed value
$306,400
Assessed 2024
Previous assessed
$306,400
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$86,500
Assessed improvement
$219,900
Land market value
$86,500
Improvement market value
$219,900
Total market value
$306,400
Applied tax rate
61.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1997
Construction
FRAME
Heating
NONE
Stories
1
Rooms
9
Bathrooms
1
Total area
6,000 SF
Lot
0.97 ac (42,253 SF)
APN
5411-15-62-8900
UPID
US73-0721930
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$395,000
MEDICAL BUILDING
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$640,000
OFFICE BUILDING
Est. value
$585,000
RESTAURANT
Est. value
$535,000
WAREHOUSE, STORAGE
Est. value
$420,000
COMMERCIAL (GENERAL)
Est. value
$390,000
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
1997
Construction
FRAME
Heating
NONE
Stories
1
Rooms
9
Bathrooms
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Vef 222 LLC
Entity
Mailing address
493 RED COR RD, DOUGLASSVILLE, PA 19518-9727
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
$390,000
Vef 222 LLC
Lidia Folino
Grant Deed
—
Nov 29, 2018
—
Rodolfo Folino
—
Deed
related
$350,000 · Fleetwood Bank
Apr 22, 2008
—
Rodolfo Folino
Folino,rodolfo & Lidia
Quit Claim Deed
related
—
—
—
Rodolfo Folino
—
Deed Of Trust
related
$150,000 · Fleetwood Bk
—
—
Rodolfo Folino
—
Deed Of Trust
related
$62,458 · Vist 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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