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Property profile & analytics
OFF-MARKET
Estimated value
$2,245,000
Strip malls
983 Sherman Ct Hazleton, PA 18201-1879
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2820049
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Lot
1.62 ac (70,567 SF)
APN
71-T8NW12-002-001
UPID
US73-2820049
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
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.25M
Owner & transaction history
Rocks Dreams LLC · 4 yrs held
Rocks Dreams LLC
since 2021
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
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 Hazleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hazleton 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
$2,275,000
ML approach
$2,295,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.25M
Range $2.02M – $2.47M · ±10% · vs last sale $2.20M (Sep 15 2021)
Last sale anchor
$2.20M
Sep 15 2021
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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$29,124
Tax year 2023
Assessed value
$1,147,800
Assessed 2024
Previous assessed
$1,147,800
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$43,100
Assessed improvement
$1,104,700
Land market value
$43,100
Improvement market value
$1,104,700
Total market value
$1,147,800
Applied tax rate
71.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
NONE
Lot
1.62 ac (70,567 SF)
APN
71-T8NW12-002-001
UPID
US73-2820049
Jurisdiction
LUZERNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.62 ac
Current owner
From public records · entity-resolved
Rocks Dreams LLC
Entity
Mailing address
799 COON RD, WYOMING, PA 18644-6040
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2021
$2,200,000
Rocks Dreams LLC
Pramukit Swami Krupa Real Estate Ll
Deed
$2,240,000 · Wayne Bank
Jun 15, 2015
$2,000,000
Pramukh Swami Krupa Real Estate LLC
Car Tran Real Estate Company INC
Deed
$1,931,000 · Landmark Community Bank
—
—
Car-tran Real Estate Co INC
—
Deed Of Trust
related
$160,000 · North Penn Bank
—
—
Car-tran Real Estate Co INC
—
Deed Of Trust
related
$1,077,000 · North Penn Bank
—
—
Car-tran Real Estate Co INC
—
Deed Of Trust
related
$1,018,000 · Luzerne Bank
—
—
Car-tran Real Estate Co INC
—
Deed Of Trust
related
$152,613 · Luzerne Bank
—
—
Car-tran Real Estate Co INC
—
Deed Of Trust
related
$80,000 · Luzerne Bank
—
—
Car-tran Real Est Co INC
—
Deed Of Trust
related
$275,000 · First Liberty Bank & Trust
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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