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Property profile & analytics
OFF-MARKET
Estimated value
$1,095,000
Office buildings
949 Sumner Ave Whitehall, PA 18052-6924
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1549517
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1957
Total area
9,032 SF
Lot
0.97 ac (42,427 SF)
Zoning code
I
APN
549774798683-1
UPID
US73-1549517
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
$1.08M
CAP Approach
CAP
$1.08M
Comparable Approach
Comparable
$850k
Blend (final)
Blend
$1.10M
Owner & transaction history
Jerc Partners Lxxxiii LLC · 3 yrs held
Jerc Partners Lxxxiii LLC
since 2023
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
I · Whitehall, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.7M
+27.8%
Auto repair, garage
$1.5M
+8.9%
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 Whitehall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Whitehall 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
$1,105,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
$1,175,000
6.5%
$1,080,000
7%
$1,005,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,345,000
Current use
RESTAURANT
$1,715,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,465,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,210,000
Change: -10% · Conversion: Easy
RETAIL STORES
$1,100,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10% · vs last sale $1.10M (Feb 23 2023)
Last sale anchor
$1.10M
Feb 23 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
$121 / 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
$14,797
Tax year 2024
Assessed value
$522,200
Assessed 2024
Previous assessed
$495,300
+5.4% YoY
Effective rate
2.83%
On assessed value
Assessed land
$70,100
Assessed improvement
$452,100
Land market value
$70,100
Improvement market value
$452,100
Total market value
$522,200
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1957
Heating
SPACE
Cooling
YES
Stories
1
Total area
9,032 SF
Lot
0.97 ac (42,427 SF)
Zoning code
I
APN
549774798683-1
UPID
US73-1549517
Jurisdiction
LEHIGH
Zoning & alternative use
I · Whitehall, PA
Zoning I · permitted uses
I · Whitehall, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Whitehall. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1957
Heating
SPACE
Cooling
Yes
Stories
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
Jerc Partners Lxxxiii LLC
Entity
Mailing address
171 STATE RTE 173RD STE #201, ASBURY, NJ 08802-1365
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
Jun 16, 2023
—
Jerc Partners Lxxxiii LLC
—
Deed
related
$880,000 · Embassy Bank For The Lehigh Valley
Feb 23, 2023
$1,100,000
Jerc Partners Lxxxiii LLC
Jb&m Properties LLC
Deed
—
Oct 25, 2011
$650,000
Jb & M Properties LLC
Elias,issam W
Grant Deed
$520,000 · Issam Elias
Dec 16, 2009
$140,000
Issam W Elias
Sorrentino,angelo
Grant Deed
—
Sep 13, 2000
—
Angelo Sorrentino
Boro Auto Storage INC
Trustees Deed
related
—
—
—
Jb & M Properties LLC
—
Deed Of Trust
related
$750,000 · Susquehanna Bank
—
—
Angelo W Sorrentino
—
Deed Of Trust
related
$645,000 · National Penn 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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