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    Property profile & analytics

    1492 Main St, Unit A Catasauqua, PA 18032

    • Retail space
    • 16,500 SF
    • 0.83 lot acres
    For Lease
    View listing
    $16 SF/Yr
    Last Sale
    May 15, 2025
    $900,000
    Value Estimations
    $860,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-4152791
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Debbie Beach - State Farm Insurance Agent / Home Insurance Agency / Life Insurance Agency
    • Planet Pet / Pet Supply Store
    • Hippo Bitcoin ATM / Crypto Atm
    • Dee the barber / Barber Shop
    • Brother's Pizza Catasauqua / Italian Restaurant / Delivery Restaurant

    Property Details for 1492 Main St

    Year built
    1980
    Lot size
    0.83 lot acres
    Property size
    16,500 SF
    Zone code
    IND
    Property type
    Retail space
    APN
    M4SE1D 21 2 0923
    APU
    M4SE1D2120923

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $770,000
      ML approach
      $670,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,134,000
      Market price range: $1.01M - $3.39M
      AI Estimate
      $726,000
      Market price range: $648k - $2.34M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Catasauqua
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.4813
    Latitude
    40.6652
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,522
    $27,500
    $158,600
    $186,100
    -
    $55,000
    $317,200
    $372,200

    Comparable in this City

    • Value Estimation
      $295,000
      3,724 SF

      115 Church St

      RETAIL STORES (PERSONAL SERVICES) • 3,724 SF
      115 Church St, Catasauqua, PA 18032-2514
      View Details
    • Value Estimation
      $220,000
      2,219 SF

      1063 7th St

      RETAIL STORES (PERSONAL SERVICES) • 2,219 SF
      1063 7th St, Catasauqua, PA 18032-2214
      View Details
    • Value Estimation
      $225,000
      2,080 SF

      430 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 2,080 SF
      430 2nd St, Catasauqua, PA 18032-2547
      View Details
    • Value Estimation
      $270,000
      2,784 SF

      117 Brg St

      RETAIL STORES (PERSONAL SERVICES) • 2,784 SF
      117 Brg St, Catasauqua, PA 18032-2506
      View Details
    • Value Estimation
      $200,000
      1,680 SF

      113 Brg St

      RETAIL STORES (PERSONAL SERVICES) • 1,680 SF
      113 Brg St, Catasauqua, PA 18032-2506
      View Details
    • Value Estimation
      $285,000
      4,446 SF

      730 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 4,446 SF
      730 2nd St, Catasauqua, PA 18032-2340
      View Details

    Similar Nearby for Sale

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      Prime Catasauqua Storefront

      Established Garden Center, High Visibility
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    • Contact for pricing
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      Pizzeria & Bistro Portfolio

      Turn-key pizzeria and bistro portfolio with real estate and rental income.
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      Catasauqua Multi-Family Investment

      Six-unit building, high rental demand.
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    Similar Nearby for Lease

    • New
      $11 SF/Yr
      36,155 SF

      North Catasauqua Retail and Flex Space

      Renovated retail and flex spaces available in North Catasauqua, PA.
      1492 Main St, Catasauqua, PA 18032
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    • $1,500 /Mo

      Retail Space in Thriving District

      High-exposure commercial space in a thriving business district.
      519 Front St, Catasauqua, PA 18032
      View Details
    • $16 SF/Yr
      36,155 SF

      North Catasauqua Retail and Flex Space

      Renovated retail and flex spaces suitable for various businesses.
      1492 Main St, Catasauqua, PA 18032
      View Details
    • $16 SF/Yr
      36,155 SF

      North Catasauqua Retail and Flex

      Renovated retail and flex spaces available for lease.
      1492 Main St, Catasauqua, PA 18032
      View Details
    • $650 /Mo
      2,919 SF

      Catasauqua Garage Space Available

      Four-car detached garage for lease in Catasauqua Borough.
      534 Kurtz St, Catasauqua, PA 18032
      View Details
    • $16 SF/Yr
      36,155 SF

      North Catasauqua Retail and Flex Space

      Newly renovated retail and flex spaces available for rent.
      1492 Main St, Catasauqua, PA 18032
      View Details
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    Catasauqua, PA 18032
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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