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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Long Run Rd Lehighton, PA 18235

    • Research & development properties
    • 1,224 SF
    • 34.00 lot acres
    OFF-MARKET
    Value Estimations
    $240,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-4391597
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Research & development properties

    Property Details for Long Run Rd

    Year built
    1857
    Lot size
    34.00 lot acres
    Property size
    1,224 SF
    Property type
    Research & development properties
    APN
    70D-11-6
    APU
    70D116

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $240,000

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $230,000
      RETAIL STORES
      $230,000
      WAREHOUSE, STORAGE
      $210,000
      COMMERCIAL (GENERAL)
      $200,000
      AUTO REPAIR, GARAGE
      $195,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lehighton
    County
    Carbon
    State
    Pennsylvania
    Longitude
    -75.705
    Latitude
    40.845
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,535
    $19,250
    $1,895
    $21,145
    -
    $38,500
    $3,790
    $42,290

    Comparable in this City

    • Value Estimation
      $275,000
      1,248 SF

      Long Run Rd

      WASTE DISPOSAL, SEWAGE • 1,248 SF
      Long Run Rd, Lehighton, PA 18235
      View Details
    • Value Estimation
      $235,000
      3.09 Acres

      1895 Germans Rd

      STORAGE YARD, OPEN STORAGE • 3.09 Acres
      1895 Germans Rd, Lehighton, PA 18235
      View Details
    • Value Estimation
      $880,000
      1,800 SF

      530 Interchange Rd

      MINI-WAREHOUSE, STORAGE • 1,800 SF
      530 Interchange Rd, Lehighton, PA 18235-9286
      View Details
    • Value Estimation
      $60,000
      1.61 Acres

      Vilno Cir

      STORAGE YARD, OPEN STORAGE • 1.61 Acres
      Vilno Cir, Lehighton, PA 18235
      View Details
    • Value Estimation
      $260,000
      1,053 SF

      432 White St

      DISTILLERY, BREWERY, BOTTLING • 1,053 SF
      432 White St, Weissport, PA 18235-2707
      View Details
    • Value Estimation
      $305,000
      6.47 Acres

      820 Blakeslee Blvd W Dr

      LUMBERYARD, BUILDING MATERIALS • 6.47 Acres
      820 Blakeslee Blvd W Dr, Lehighton, PA 18235-9793
      View Details

    Similar Nearby for Sale

    • $3,950,000
      48.00 Acres

      Lehighton Commercial Land - 48 Acres

      Prime 48-acre development site in Lehighton, PA.
      0 Mall Ln, Lehighton, PA 18235
      View Details
    • $399,900
      4,250 SF

      Lehighton Commercial Building - Route 209

      Two-unit commercial building, great location.
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    • $500,000
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      Lehighton Commercial Property - Huge Potential

      Restaurant, Bar, & Living Quarters - Prime Location
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      5.73 Acres

      Lehighton Boro Development Land

      5+ acre development site in Lehighton Boro, PA.
      375 Gypsy Hill Rd, Lehighton, PA 18235
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    • $59,900
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      Mahoning Township Land with Views

      1.96 acre lot in upscale subdivision with mountain views.
      8 Taylor Nicole Cir, Lehighton, PA 18235
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    • $57,500

      Lehighton Land Near Jim Thorpe

      Partially cleared 0.918-acre lot near Jim Thorpe.
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    Similar Nearby for Lease

    • $2,500 /Mo
      2,500 SF

      Retail Space in Lehighton CBD

      New vanilla shell retail space in growing downtown Lehighton.
      128 S 1St St, Lehighton, PA 18235
      View Details
    • $15 SF/Yr
      12,690 SF

      Blakeslee Commons Office Suites

      Lehighton, PA medical & executive offices
      771 Blakeslee Boulevard Dr, Lehighton, PA 18235
      View Details
    • $12 SF/Yr
      4,048 SF

      Retail Space Near Routes

      Retail space available near Routes 209 and 248 intersection.
      205 Interchange Rd, Lehighton, PA 18235
      View Details
    • $12 SF/Yr

      Retail Space in Downtown Lehighton

      Former Rite Aid retail space available for lease in Lehighton.
      241 N 1St St, Lehighton, PA 18235
      View Details
    • $15 SF/Yr

      Professional/Medical Office Suites Available

      Professional and medical office suites for lease in Mahoning Twp.
      771 Blakeslee Boulevard Dr E, Lehighton, PA 18235
      View Details
    • $14 SF/Yr

      Retail Space in Downtown Lehighton

      Retail space in downtown Lehighton, surrounded by residential areas.
      239 N 1St St, Lehighton, PA 18235
      View Details
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    Long Run Rd
    Lehighton, PA 18235
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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