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Property profile & analytics
OFF-MARKET Estimated value $1,215,000
Strip malls

185 Main St Macungie, PA 18062

29,170 SF 4.2 ac lot Built 1997
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-1500960
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1997
Total area 29,170 SF
Lot 4.2 ac (182,952 SF)
Zoning code GC
APN 547379040586-1
UPID US73-1500960
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
  • Shoppes at Macungie Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$755k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.68M
Blend (final) Blend
$1.22M
Owner & transaction history
National Union Fire Ins Co Of Pit · 9 yrs held
National Union Fire Ins Co Of Pit
since 2017
5 recorded transactions
2022
Price N/A
2017
Price N/A
2015
$5.7M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
GC · Macungie, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

GC General Commercial LIC Light Industrial/Commercial TC Town Center CR Conservation-Recreation B. Zoning Map. The boundaries of each zoning district are established as shown on the Official Zoning Map of Macungie Borough, which, together with any explanatory matter thereon, is declared to be part of this chapter. The Official Zoning Map shall be signe d by…

Zone name General Commercial
General category COMMERCIAL
Zone area 22.83 ac
Source zoning ordinance
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