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Property profile & analytics
OFF-MARKET
Bars & Pubs
907 Sherman St Allentown, PA 18109-8125
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-5773786
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1923
Construction
FRAME
Total area
944 SF
Lot
0.08 ac (3,510 SF)
Zoning code
R-M
APN
641738095942-1
UPID
US73-5773786
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
-
Cleandow window cleaning General Contractor Renovation Specialist
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
R & P Real Estate LLC · 4 yrs held
R & P Real Estate LLC
since 2022
Last sale
$338,750
7 recorded transactions
Zoning & alternative use
R-M · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$5,878
Tax year 2024
Assessed value
$180,600
Assessed 2024
Previous assessed
$180,600
+0.0% YoY
Effective rate
3.25%
On assessed value
Assessed land
$15,800
Assessed improvement
$164,800
Land market value
$15,800
Improvement market value
$164,800
Total market value
$180,600
Applied tax rate
15.0000
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
1923
Construction
FRAME
Heating
BASEBOARD
Buildings
2
Stories
2
Units
2
Rooms
6
Bathrooms
2
Total area
944 SF
Lot
0.08 ac (3,510 SF)
Zoning code
R-M
APN
641738095942-1
UPID
US73-5773786
Jurisdiction
LEHIGH
Zoning & alternative use
R-M · Allentown, PA
Zoning R-M · permitted uses
R-M · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1923
Construction
FRAME
Heating
BASEBOARD
Stories
2
Buildings
2
Units
2
Rooms
6
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
R & P Real Estate LLC
Entity
Mailing address
1942 S IDAHO ST, ALLENTOWN, PA 18103-8519
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 26, 2022
$338,750
R & P Real Estate LLC
Marlon Thomas
Deed
—
Nov 16, 2018
—
Marlon Thomas
—
Deed
related
$150,000 · Branch Bk&tr
Aug 8, 2011
$20,000
Marlon Thomas
Alkhal,anthony K & Karen
Quit Claim Deed
related
—
Apr 19, 2005
$194,000
Anthony K Alkhal
Kullman,constance J
Grant Deed
$145,500 · First Star Savings Bank
May 1, 2000
$65,000
Michael Kullman
Clark,susan
Grant Deed
$60,000 · Seller
Apr 1, 1999
$59,000
Susan Clark
Jaramillo,jorge & Rosario
Trustees Deed
—
—
—
Marlon Thomas
—
Deed Of Trust
related
$150,000 · Branch Bk&tr
—
—
Marlon Thomas
—
Deed Of Trust
related
$125,000 · National Penn Bank
—
—
Michael Kullman
—
Deed Of Trust
related
$90,000 · First Star Savings 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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