Financial
Distress signals
Property profile

187 Main St Emmaus, PA 18049

FOR LEASE
Office buildings
Property ID
US73-0636688
12,414 SF 0.4 ac lot
Last sale Dec 2019 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
187 Main St, Emmaus, PA 18049 For Lease
$1,500/Mo
187 Main St, Emmaus, PA 18049
View Listing

Property summary

AI-generated overview

The Village Centre Office Building at 187–191 Main St in Emmaus is a multi-tenant office building with 22 office spaces arranged over three levels. Each floor contains two restrooms, and the second floor includes a tenant kitchenette. Shared amenities include two conference rooms and a marketing screen in the foyer, with building management responsible for common areas, hallways, restrooms, and conference rooms. The property has a shared blacktop parking area with curbing; recent exterior and

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$39k
Tax billed · 2024
Assessed value$1.20M
Assessed land$121k
Assessed improvement$1.08M
Effective rate3.23%

Value estimate

· Sep 2026
$1.45M
$1.30M – $1.59M
CAP approach$1.49M
Submarket $/SF estimate$1.67M
NOI build-up
Gross scheduled income$74k
Vacancy & credit loss−$6k
Operating expenses−$17k
NOI · 3,407.73% cap applied$51k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 219 recorded sales of this use type
Observed band · Q1–Q3$94 – $222
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3,407.73%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-C
JurisdictionLEHIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.9
Convenience Store9.5
Smoke and Vape Shop9.2

Location

187 Main St Emmaus, PA 18049
County assessor Recorded deeds · 9 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5093 Vera Cruz, Emmaus, PA 18049-9518 $276,600 Apr 2025 11,148 SF
222 Main, Emmaus, PA 18049-2749 $660,000 Mar 2025 5,526 SF
326-328 2nd, Emmaus, PA 18049 $285,000 Aug 2024 4,340 SF
12 4th, Emmaus, PA 18049-2733 $1,500,000 Sep 2021 16,428 SF
63 7th, Emmaus, PA 18049-3755 $365,000 Oct 2020 8,000 SF
4251 Chestnut, Emmaus, PA 18049-1011 $1,020,000 Jul 2020 11,086 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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