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Property profile & analytics
OFF-MARKET
Estimated value
$740,000
Retail space
1031 Chestnut St 1041 Emmaus, PA 18049-1953
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-1173446
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1957
Total area
7,168 SF
Lot
0.41 ac (18,000 SF)
Zoning code
B-L
APN
549423364576-1
UPID
US73-1173446
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
-
Anne & Co Hair Salon Nail Salon
-
Creative Music Institute Vocational School Training Center
-
Anytime Fitness Gym & Fitness Center
-
United World Travel Service Travel Agency
-
Reflexology Center Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$876k
Blend (final)
Blend
$740k
Owner & transaction history
Asdl Dev LLC · 9 yrs held
Asdl Dev LLC
since 2016
7 recorded transactions
Zoning & alternative use
B-L · Emmaus, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+32.9%
Office building
$1.1M
+22.0%
Commercial (general)
$960,000
+10.0%
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 Emmaus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Emmaus 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%
$815,000
6.5%
$750,000
7%
$700,000
Alternative Use
Use
Estimation
RETAIL STORES
$875,000
Current use
AUTO REPAIR, GARAGE
$1,160,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,065,000
Change: +22% · Conversion: Easy
COMMERCIAL (GENERAL)
$960,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$905,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$103 / 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
$20,856
Tax year 2024
Assessed value
$646,400
Assessed 2024
Previous assessed
$646,400
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$153,000
Assessed improvement
$493,400
Land market value
$153,000
Improvement market value
$493,400
Total market value
$646,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1957
Heating
YES
Cooling
YES
Stories
1
Total area
7,168 SF
Lot
0.41 ac (18,000 SF)
Zoning code
B-L
APN
549423364576-1
UPID
US73-1173446
Jurisdiction
LEHIGH
Zoning & alternative use
B-L · Emmaus, PA
Zoning B-L · permitted uses
B-L · Emmaus, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Emmaus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
Est. value
$960,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$905,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
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
1957
Heating
YES
Cooling
Yes
Stories
1
Lot
0.41 ac
Current owner
From public records · entity-resolved
Asdl Dev LLC
Entity
Mailing address
PO BOX 177, SPINNERSTOWN, PA 18968-0177
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2021
—
Asdl Development LLC
—
Deed
related
$975,000 · First Bank
Feb 1, 2019
—
Asdl Dev LLC
—
Deed
related
$750,000 · First Cmnwlt FCU
Sep 1, 2016
$527,450
Asdl Dev LLC
Kunkler,joseph J
Grant Deed
$759,400 · Beneficial Bk
—
—
Asdl Dev LLC
—
Deed Of Trust
related
$750,000 · First Cmnwlt FCU
—
—
Joseph J Kunkler
—
Deed Of Trust
related
$100,000 · Wachovia Bank NA
—
—
Joseph J Kunkler
—
Deed Of Trust
related
$275,000 · Sovereign Bank
—
—
Joseph J Kunkler
—
Deed Of Trust
related
$100,000 · First Union National Bank
—
—
Joseph J Kunkler
—
Deed Of Trust
related
$25,000 · First Union National Bank
—
—
Joseph J Kunkler
—
Deed Of Trust
related
$50,000 · Wachovia Bank NA
—
—
Joseph J Kunkler
—
Deed Of Trust
related
$43,303 · Wells Fargo Bank
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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