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Property profile & analytics
OFF-MARKET
Estimated value
$965,000
Retail space
1438 Chestnut St Emmaus, PA 18049-1913
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US73-1236664
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1989
Total area
9,100 SF
Lot
1.47 ac (63,903 SF)
Zoning code
B-H
APN
549402733420-1
UPID
US73-1236664
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
-
Maria Schweizerhof Physician
-
Ivy Rehab Physical Therapy Medical Clinic
-
FedEx Drop Box Postal Service Courier Service
-
Haun Welding Supply and Specialty Gases Big Box & Wholesale Store Building Supply
-
Potts' Dog Barn Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$955k
Comparable Approach
Comparable
$982k
Blend (final)
Blend
$965k
Owner & transaction history
Lee A Goldstein · 10 yrs held
Lee A Goldstein
since 2015
7 recorded transactions
Zoning & alternative use
B-H · Emmaus, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+32.9%
Office building
$1.4M
+22.0%
Commercial (general)
$1.2M
+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%
$1,035,000
6.5%
$955,000
7%
$885,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,110,000
Current use
AUTO REPAIR, GARAGE
$1,475,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$1,355,000
Change: +22% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,220,000
Change: +10% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,150,000
Change: +4% · Conversion: Difficult
Blend value · Realmo final
$965k
Range $869k – $1.06M · ±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
$106 / 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
$34,763
Tax year 2024
Assessed value
$1,077,400
Assessed 2024
Previous assessed
$1,077,400
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$482,500
Assessed improvement
$594,900
Land market value
$482,500
Improvement market value
$594,900
Total market value
$1,077,400
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
1989
Heating
YES
Cooling
YES
Stories
1
Total area
9,100 SF
Lot
1.47 ac (63,903 SF)
Zoning code
B-H
APN
549402733420-1
UPID
US73-1236664
Jurisdiction
LEHIGH
Zoning & alternative use
B-H · Emmaus, PA
Zoning B-H · permitted uses
B-H · 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
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
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
1989
Heating
YES
Cooling
Yes
Stories
1
Lot
1.47 ac
Current owner
From public records · entity-resolved
Lee A Goldstein
Individual
Mailing address
PO BOX 99, OREFIELD, PA 18069-0099
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2020
—
Lee A Goldstein
—
Deed
related
$1,262,500 · Riverview Bank
May 15, 2020
—
Lee A Goldstein
—
Deed
related
$1,262,500 · Riverview Bank
Dec 3, 2015
$402,000
Lee A Goldstein
Goldstein,jay F
Grant Deed
related
$640,000 · Wells Fargo Bk
—
—
Lee A Goldstein
—
Deed Of Trust
related
$1,262,500 · Riverview Bk
—
—
Lee A Goldstein
—
Deed Of Trust
related
$1,262,500 · Riverview Bk
—
—
Teodros Girma
—
Deed Of Trust
related
$40,000 · Pennsylvania State Employee Cu
—
—
Golden Asset Investments
—
Deed Of Trust
related
$426,403 · Wachovia Bank NA
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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