Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    532 E Emaus St Middletown, PA

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4 SF/Yr

    430,000 SF industrial complex with rail access and security.

    Type:INDUSTRIAL
    Property size:
    42,500 SF
    Lot size:
    27.00 Acres
    Added:
    Nov 24, 2025
    Days on Market:
    128
    Last Refresh:
    Mar 29 at 10:03 pm

    Property Features for 532 E Emaus St

    General Information

    Standard status
    Active
    Size
    42,500 SF
    Lot size
    27.00 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 532 E Emaus St Contact us

    We can help!

    Listing Contact
    Jason Grace
    Jason Grace

    Listing agent Jason Grace

    Listing office Landmark Commercial Realty

    Listing date Nov 24, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Landmark Commercial Realty

    Overview

    Rail-Served Industrial Complex For Lease

    This industrial complex offers approximately 430,000 square feet of space and includes 24/7/365 on-site security personnel, trailer parking, and staging areas. The property is situated on 27 acres. Renovations are planned for 2023, which will include upgrades to dock loading, LED lighting, new bathrooms, office cores, and paving.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Near2Me Storage Units — 1 s union st, middletown, pa 17057
    • Middletown Area Storage — 30 Grubb St, Middletown, PA 17057
    • Self Storage Facility — 428 E Main St, Middletown, PA 17057
    • Self Storage Facility — 120 N Union St, Middletown, PA 17057
    • James Self Storage Unit — 149 Wilson St #1376, Middletown, PA 17057

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.7195
    Latitude
    40.1935

    Nearby Similar for Lease

    • $17/mo

      Middletown Office Space For Rent

      13,008 SF office space ideal for medical, education, engineering.
      4000 Vine St, Middletown, PA
      View Details
    • Contact for pricing

      Professional Office Space Available

      Office suites for lease with convenient regional access.
      1801 Oberlin Road, Middletown, PA 17057
      View Details
    • Contact for pricing

      Equipped Restaurant Space For Lease

      Turn-key restaurant space with seating for 200 guests.
      1 South Union Street, Middletown, PA 17057
      View Details
    • Contact for pricing

      Turnkey Restaurant Opportunity in Middletown

      Equipped restaurant with seating for 200 near PSU Harrisburg.
      1 South Union Street, Middletown, PA 17057
      View Details
    • $19/mo

      New Commercial Spaces in Middletown

      New commercial spaces for restaurants, medical, or professional offices.
      Walden Way, Middletown, PA 17057
      View Details
    • $83/mo

      Flex Warehouse in Stoneridge Park

      Build-to-suit flex warehouse project in established business park.
      Park Dr L3, Middletown, PA
      View Details
    • $7/mo

      High Bay Warehouse Space Available

      Well-located warehouse for last mile delivery needs, available Q2 2022.
      310 Fulling Mill Rd, Middletown, PA
      View Details
    • $8/mo

      Climate Controlled Warehouse Near Turnpike

      Climate-controlled warehouse with easy access to major transportation corridors.
      1501 Fulling Mill Rd, Middletown, PA
      View Details
    • Contact for pricing

      Distribution Warehouse in Central PA

      Renovated distribution warehouse with convenient access to transportation hubs.
      500 Industrial Lane, Middletown, PA, 17057
      View Details
    • Contact for pricing

      High Bay Industrial Complex

      Multi-tenant industrial complex with flexible design and abundant loading docks.
      1011 Aip Drive, Middletown, PA
      View Details
    • Contact for pricing

      New Class-A Warehouse For Lease

      New construction 54,800 SF warehouse in Capital Valley Business Park.
      Kreider Dr, Middletown, PA
      View Details
    • Contact for pricing

      Retail Space Near Giant Food

      Community center anchored by Giant Food, high visibility, great accessibility.
      428-444 E Main St, Middletown, PA
      View Details

    FAQs

    What type of property is this?
    Warehouse - 430,000 SF industrial complex with rail access and security.
    Where is this warehouse located?
    The property is located at 532 E Emaus St Middletown, PA.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: Extremely rare 430,000 SF +/- rail served industrial complex.; Benefit from 24/7/365 onsite security personnel.; Trailer parking & staging available.
    (717) 421-1943
    We can help!
    Listing Contact
    Jason Grace
    Jason Grace
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!