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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Assisted living facilities
863 4th St Bethlehem, PA 18015
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-2135673
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1966
Total area
14,000 SF
Lot
0.14 ac (6,000 SF)
Zoning code
RM
APN
P6SE2A 16A1 0204
UPID
US73-2135673
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
$855k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$800k
Owner & transaction history
Herald E Fourth INC · 3 yrs held
Herald E Fourth INC
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
RM · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.2M
+156.1%
Commercial (general)
$1.1M
+152.8%
Medical building
$1.1M
+139.2%
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 Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem 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
$845,000
ML approach
$855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,150,000
Change: +156% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,135,000
Change: +153% · Conversion: Difficult
MEDICAL BUILDING
$1,070,000
Change: +139% · Conversion: Difficult
OFFICE BUILDING
$1,030,000
Change: +130% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $750k (Jul 19 2023)
Last sale anchor
$750k
Jul 19 2023
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
$57 / 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
$12,622
Tax year 2024
Assessed value
$142,800
Assessed 2024
Previous assessed
$142,800
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$22,000
Assessed improvement
$120,800
Land market value
$44,000
Improvement market value
$241,600
Total market value
$285,600
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1966
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
14,000 SF
Lot
0.14 ac (6,000 SF)
Zoning code
RM
APN
P6SE2A 16A1 0204
UPID
US73-2135673
Jurisdiction
NORTHAMPTON
Zoning & alternative use
RM · Bethlehem, PA
Zoning RM · permitted uses
RM · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethlehem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
1966
Heating
YES
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Herald E Fourth INC
Entity
Mailing address
543 BEDFORD AVE, BROOKLYN, NY 11211-8511
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2023
$750,000
Herald E Fourth INC
Redus Properties INC
Deed
$450,000 · Broadview Capital LLC
Dec 3, 2021
—
Mcm Bethlehem Property LLC
Melchor Martinez
Deed
—
Nov 7, 2013
$376,992
Mcm Bethlehem Property LLC
Martinez,melchor
Grant Deed
—
—
—
Melchor Martinez
—
Deed Of Trust
related
$75,000 · Madison Bank
—
—
Melchor Martinez
—
Deed Of Trust
related
$321,703 · Valley Green Bank
—
—
Melchor Martinez
—
Deed Of Trust
related
$329,966 · Valley Green Bank
—
—
Melchor Martinez
—
Deed Of Trust
related
$200,000 · Valley Green 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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