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Property profile & analytics
OFF-MARKET
Estimated value
$610,000
Apartment buildings
111-115 Main St, Coopersburg, PA 18036
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US73-1356111
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1929
Construction
BRICK
Total area
5,122 SF
Lot
0.23 ac (10,120 SF)
Zoning code
C1
APN
642347234270-1
UPID
US73-1356111
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
$595k
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$573k
Blend (final)
Blend
$610k
Owner & transaction history
Altair Falcon LLC · 3 yrs held
Altair Falcon LLC
since 2023
Last sale
$625,000
2 recorded transactions
Zoning & alternative use
C1 · Coopersburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$975,000
+64.3%
Auto repair, garage
$830,000
+40.0%
Office building
$760,000
+28.6%
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 Coopersburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Coopersburg 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
$625,000
ML approach
$595,000
CAP Approach
CAP Return
Estimation
6%
$500,000
6.5%
$460,000
7%
$425,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$595,000
Current use
RESTAURANT
$975,000
Change: +64% · Conversion: Difficult
AUTO REPAIR, GARAGE
$830,000
Change: +40% · Conversion: Difficult
OFFICE BUILDING
$760,000
Change: +29% · Conversion: Moderate
COMMERCIAL (GENERAL)
$685,000
Change: +16% · Conversion: Moderate
RETAIL STORES
$625,000
Change: +5% · Conversion: Difficult
WAREHOUSE, STORAGE
$490,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$610k
Range $549k – $671k · ±10% · vs last sale $625k (May 3 2023)
Last sale anchor
$625k
May 3 2023
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
$119 / 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
$9,613
Tax year 2024
Assessed value
$363,600
Assessed 2024
Previous assessed
$363,600
+0.0% YoY
Effective rate
2.64%
On assessed value
Assessed land
$43,200
Assessed improvement
$320,400
Land market value
$43,200
Improvement market value
$320,400
Total market value
$363,600
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1929
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
5
Rooms
14
Bathrooms
5
Total area
5,122 SF
Lot
0.23 ac (10,120 SF)
Zoning code
C1
APN
642347234270-1
UPID
US73-1356111
Jurisdiction
LEHIGH
Zoning & alternative use
C1 · Coopersburg, PA
Zoning C1 · permitted uses
C1 · Coopersburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Coopersburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$595,000
RESTAURANT
Est. value
$975,000
AUTO REPAIR, GARAGE
Est. value
$830,000
OFFICE BUILDING
Est. value
$760,000
COMMERCIAL (GENERAL)
Est. value
$685,000
RETAIL STORES
Est. value
$625,000
WAREHOUSE, STORAGE
Est. value
$490,000
APARTMENT HOUSE (5+ UNITS) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
WAREHOUSE, STORAGE
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
1929
Construction
BRICK
Heating
BASEBOARD
Stories
3
Units
5
Rooms
14
Bathrooms
5
Lot
0.23 ac
Current owner
From public records · entity-resolved
Altair Falcon LLC
Entity
Mailing address
111 S MAIN ST, COOPERSBURG, PA 18036-1954
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
$625,000
Altair Falcon LLC
Monocacy General Contracting LLC
Deed
$325,000 · First Keystone Community Bank
May 3, 2021
$370,000
Monocacy General Contracting LLC
Frederic W Gross
Deed
$369,900 · Dlp Lending Fund LLC
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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