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Property profile & analytics
OFF-MARKET
Estimated value
$3,400,000
Warehouses
9981 Old 22, Breinigsville, PA 18031-2234
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2774796
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
20,820 SF
Lot
6.19 ac (269,419 SF)
Zoning code
LI
APN
543670618200-1
UPID
US73-2774796
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
$3.40M
CAP Approach
CAP
$2.90M
Comparable Approach
Comparable
$2.66M
Blend (final)
Blend
$3.40M
Owner & transaction history
Hunter Allentown Re LLC · 1 yrs held
Hunter Allentown Re LLC
since 2024
Last sale
$3.4M
3 recorded transactions
Zoning & alternative use
LI · Breinigsville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.5M
+124.3%
Restaurant
$4.0M
+99.1%
Auto repair, garage
$3.4M
+69.7%
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 Breinigsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Breinigsville 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
$3,400,000
ML approach
$3,400,000
CAP Approach
CAP Return
Estimation
6%
$3,140,000
6.5%
$2,900,000
7%
$2,690,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$4,455,000
Change: +124% · Conversion: Difficult
RESTAURANT
$3,955,000
Change: +99% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,370,000
Change: +70% · Conversion: Easy
OFFICE BUILDING
$3,095,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,790,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$2,540,000
Change: +28% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,410,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$3.40M
Range $3.06M – $3.74M · ±10% · vs last sale $3.40M (Oct 23 2024)
Last sale anchor
$3.40M
Oct 23 2024
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
$163 / 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
$29,850
Tax year 2024
Assessed value
$1,250,500
Assessed 2024
Previous assessed
$1,250,500
+0.0% YoY
Effective rate
2.39%
On assessed value
Assessed land
$417,500
Assessed improvement
$833,000
Land market value
$417,500
Improvement market value
$833,000
Total market value
$1,250,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
SPACE
Stories
1
Total area
20,820 SF
Lot
6.19 ac (269,419 SF)
Zoning code
LI
APN
543670618200-1
UPID
US73-2774796
Jurisdiction
LEHIGH
Zoning & alternative use
LI · Breinigsville, PA
Zoning LI · permitted uses
LI · Breinigsville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Breinigsville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$4.5M
RESTAURANT
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.4M
OFFICE BUILDING
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$2.8M
RETAIL STORES
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1987
Heating
SPACE
Stories
1
Lot
6.19 ac
Current owner
From public records · entity-resolved
Hunter Allentown Re LLC
Entity
Mailing address
480 PITTSBURGH RD, BUTLER, PA 16002-7654
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2024
$3,400,000
Hunter Allentown Re LLC
Hunter Family Realty LP
Special Warranty Deed
$26,277,750 · M & T Bank
May 13, 2010
—
Hunter Family Realty LP
—
Deed Of Trust
related
$5,000,000 · Pnc Bank
Dec 13, 2006
—
Hunter Family Realty
Hunter Family Realty
Quit Claim Deed
—
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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