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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Manufacturing properties
111 Lehigh St, Macungie, PA 18062-1302
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-1147455
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1900
Total area
17,227 SF
Lot
2.69 ac (117,089 SF)
Zoning code
M
APN
547398090545-1
UPID
US73-1147455
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
-
Lehigh Surfaces Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.36M
Owner & transaction history
Luicanas LLC · 7 yrs held
Luicanas LLC
since 2018
7 recorded transactions
Zoning & alternative use
M · Macungie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.1M
+75.7%
Apartment house (5+ units)
$2.0M
+66.8%
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 Macungie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Macungie 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,195,000
Current use
RETAIL STORES
$2,100,000
Change: +76% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,995,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±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
$79 / 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
$40,047
Tax year 2024
Assessed value
$1,420,100
Assessed 2024
Previous assessed
$1,420,100
+0.0% YoY
Effective rate
2.82%
On assessed value
Assessed land
$322,600
Assessed improvement
$1,097,500
Land market value
$322,600
Improvement market value
$1,097,500
Total market value
$1,420,100
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1900
Heating
SPACE
Buildings
2
Stories
1
Total area
17,227 SF
Lot
2.69 ac (117,089 SF)
Zoning code
M
APN
547398090545-1
UPID
US73-1147455
Jurisdiction
LEHIGH
Zoning & alternative use
M · Macungie, PA
Zoning M · permitted uses
M · Macungie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Macungie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
RETAIL STORES
Est. value
$2.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.0M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
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
1900
Heating
SPACE
Stories
1
Buildings
2
Lot
2.69 ac
Current owner
From public records · entity-resolved
Luicanas LLC
Entity
Mailing address
PO BOX 309, PINE FORGE, PA 19548-0309
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2019
—
Luicanas LLC
—
Deed
related
$946,034 · Tompkins Vist Bk
Jul 26, 2018
$1,800,000
Luicanas LLC
Tatikola,narsu V & Ramani
Grant Deed
$946,034 · Vist Bk
Jul 19, 2010
—
Narsu V Tatikola
—
Deed Of Trust
related
$1,000,000 · National Capital Management LP
Jul 26, 2005
—
Lehighs Economic Advancement
Tatikola,narsu V & Ramani
Grant Deed
$728,000 · Pennsylvania Ind'l Dev Auth
Apr 8, 2005
$1,456,000
Narsu V Tatikola
Cronin,daniel P & Gail L
Warranty Deed
$728,000 · National Penn Bank
—
—
Luicanas LLC
—
Deed Of Trust
related
$776,000 · Empire St Certified Dev
—
—
Tatikola,narsu V & Ramani
—
Deed Of Trust
related
$1,200,000 · First Northern Bk & Tr
—
—
Luicanas LLC
—
Deed Of Trust
related
$946,034 · Tompkins Vist Bk
—
—
Daniel P Cronin
—
Deed Of Trust
related
$501,351 · First Union National 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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