Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    150 Locust St Macungie, PA 18062-1165

    • Manufacturing properties
    • 224,173 SF
    • 16.56 lot acres
    OFF-MARKET
    Value Estimations
    $10,145,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-5780988
    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

    • Goldin Ventures / Financial Advisor
    • Allen Organs Manufacturing Facility and Mailing Factory / Production Facility
    • Allen Organ Company Manufacturing Facility and International Sales Headquarters / Production Facility
    • Allen Integrated Assemblies / Factory / Production Facility

    Property Details for 150 Locust St

    Year built
    1937
    Lot size
    16.56 lot acres
    Property size
    224,173 SF
    Zone code
    M
    Property type
    Manufacturing properties
    APN
    547377174841-1
    APU
    5473771748411

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $9,219,000
      Market price range: $6.74M - $24.8M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $15,550,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Macungie
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.5606
    Latitude
    40.5144
    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
    $147,311
    $1,987,400
    $3,236,400
    $5,223,800
    -
    $1,987,400
    $3,236,400
    $5,223,800

    Comparable in this City

    • Value Estimation by Request
      3,472 SF

      Weaver Rd

      MANUFACTURING (LIGHT) • 3,472 SF
      Weaver Rd, Macungie, PA 18062
      View Details
    • Value Estimation
      $2,595,000
      32,500 SF

      3350 Gehman Rd

      MANUFACTURING (LIGHT) • 32,500 SF
      3350 Gehman Rd, Macungie, PA 18062
      View Details
    • Value Estimation
      $4,895,000
      288,856 SF

      5670 Lowr Macungie Rd

      MANUFACTURING (LIGHT) • 288,856 SF
      5670 Lowr Macungie Rd, Macungie, PA 18062
      View Details
    • Value Estimation
      $1,360,000
      17,227 SF

      111 Lehigh St

      MANUFACTURING (LIGHT) • 17,227 SF
      111 Lehigh St, Macungie, PA 18062-1302
      View Details
    • Value Estimation
      $1,425,000
      72,016 SF

      5690 Lowr Macungie Rd

      MANUFACTURING (LIGHT) • 72,016 SF
      5690 Lowr Macungie Rd, Macungie, PA 18062
      View Details
    • Value Estimation
      $1,285,000
      15,808 SF

      7662 Church Ln

      MANUFACTURING (LIGHT) • 15,808 SF
      7662 Church Ln, Macungie, PA 18062
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      5,570 SF

      Macungie Boro Office For Sale

      Office space in downtown Macungie with private parking.
      530 E Main St, Macungie, PA 18062
      View Details
    • Contact for pricing

      Retail Space Near Weis Store

      Retail spaces available in front of high-performing Weis store.
      3440 Grandview Dr, Macungie, PA 18062
      View Details
    • $5,100,000

      Luxury Townhomes in Lower Macungie

      Modern 12-unit townhome portfolio with expansion potential.
      6645 Stein Way, Macungie, PA 18062
      View Details
    • Contact for pricing

      Proposed Retail and Bank Center

      Proposed retail center with excellent daytime population.
      Pa Rte 100 & Schoeneck Rd, Macungie, PA 18062
      View Details
    • $1,500,000

      Approved Development Land For Sale

      Fully approved development land with permits in place.
      2204 Route 100, Macungie, PA 18062
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      137,304 SF

      Macungie Warehouse Space Available

      Warehouse space available for lease in Macungie, Pennsylvania.
      3100 Alburtis Rd, Macungie, PA 18062
      View Details
    • Contact for pricing
      338,287 SF

      Macungie Industrial Land - Build-to-Suit

      ±338,287 SF Industrial Land in Lehigh Valley
      8120 Sauerkraut Ln, Macungie, PA 18062
      View Details
    • Contact for pricing

      Macungie Industrial Land For Lease

      Pad-ready land in the Lehigh Valley industrial market for lease.
      8120 Sauerkraut Ln, Macungie, PA 18062
      View Details
    • Contact for pricing

      Macungie Warehouse Space Available

      Warehouse space available for rent in Macungie, Pennsylvania.
      2834 Schoeneck Rd, Macungie, PA 18062
      View Details
    • $1,650 /Mo

      Macungie Office Space For Rent

      Professional office space with flexible layout and high visibility.
      3261 Route 100, Macungie, PA 18062
      View Details
    • Contact for pricing
      12,136 SF

      Macungie Retail Space For Lease

      Prime Retail, Multiple Units Available
      0 Undefined Pa, Macungie, PA 18062
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    150 Locust St
    Macungie, PA 18062-1165
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!