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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Gas stations
989 Pennsylvania Ave Pen Argyl, PA 18072-9707
Individually Owned
15-yr Hold
Free & Clear
Property ID
US73-1009686
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1983
Total area
2,800 SF
Lot
4.34 ac (189,050 SF)
Zoning code
GI
APN
E8SW2 9 17 0626
UPID
US73-1009686
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
-
RR Cortazzo Oil Big Box & Wholesale Store
-
Flower Tent (Bike/Boat/Book/etc) Store Florist
-
ATM Atm
-
Cash2Bitcoin Bitcoin ATM Atm
-
Penn Jersey Clothing Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$541k
Blend (final)
Blend
$585k
Owner & transaction history
Raymond Cortazzo · 15 yrs held
Raymond Cortazzo
since 2011
1 recorded transaction
Zoning & alternative use
GI · Pen Argyl, 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 Pen Argyl submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pen Argyl 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
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
$209 / 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
$14,469
Tax year 2024
Assessed value
$192,000
Assessed 2024
Previous assessed
$192,000
+0.0% YoY
Effective rate
7.54%
On assessed value
Assessed land
$111,000
Assessed improvement
$81,000
Land market value
$222,000
Improvement market value
$162,000
Total market value
$384,000
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1983
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
2,800 SF
Lot
4.34 ac (189,050 SF)
Zoning code
GI
APN
E8SW2 9 17 0626
UPID
US73-1009686
Jurisdiction
NORTHAMPTON
Zoning & alternative use
GI · Pen Argyl, PA
Zoning GI · permitted uses
GI · Pen Argyl, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pen Argyl. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
4.34 ac
Current owner
From public records · entity-resolved
Raymond Cortazzo
Individual
Free & Clear · 15 yrs held
Mailing address
989 PENNSYLVANIA AVE, PEN ARGYL, PA 18072-9707
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2011
—
Raymond Cortazzo
Cortazzo,raymond
Quit Claim Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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