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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2 Main St Coopersburg, PA 18036-1526

    • Office buildings
    • 2,625 SF
    • 0.34 lot acres
    OFF-MARKET
    Last Sale
    Oct 04, 2022
    $348,540
    Value Estimations
    $335,000
    Show details
    Cap Rate Potential
    5.9%
    Office buildings
    Location Intelligence
    Property ID
    US73-1273146
    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

    • Karen Daley REALTOR - Berkshire Hathaway HomeServices, Fox & Roach REALTORS / Real Estate Agent
    • Leslie Lapidakis - REALTOR / Real Estate Agent
    • Mylissa Battoni- Berkshire Hathaway HomeServices, Fox & Roach Realtors / Real Estate Agent
    • Debra Protchko, REALTOR®, MBA / Real Estate Agent
    • Lehigh Valley Realtor Elizabeth Bowers / Real Estate Agent

    Property Details for 2 Main St

    Year built
    1870
    Construction
    BRICK
    Lot size
    0.34 lot acres
    Property size
    2,625 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    642347293737-1
    APU
    6423472937371

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $345,000
      ML approach
      $330,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $340,000
      6.5%
      $315,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $327,000
      Market price range: $247k - $582k
      AI Estimate
      $275,000
      Market price range: $193k - $431k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $390,000
      Current use
      MEDICAL BUILDING
      $560,000
      Change: +44% Conversion: Easy
      AUTO REPAIR, GARAGE
      $425,000
      Change: +9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $350,000
      Change: -10% Conversion: Easy
      RETAIL STORES
      $320,000
      Change: -18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Coopersburg
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.3914
    Latitude
    40.5116
    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
    $5,870
    $74,800
    $147,200
    $222,000
    -
    $74,800
    $147,200
    $222,000

    Comparable in this City

    • Value Estimation
      $435,000
      8,653 SF

      201 2nd St

      OFFICE BUILDING • 8,653 SF
      201 2nd St, Coopersburg, PA 18036
      View Details
    • Value Estimation
      $280,000
      2,052 SF

      350 Main St

      OFFICE BUILDING • 2,052 SF
      350 Main St, Coopersburg, PA 18036-1532
      View Details
    • Value Estimation
      $310,000
      2,310 SF

      4461 Liberty Rd

      OFFICE BUILDING • 2,310 SF
      4461 Liberty Rd, Coopersburg, PA 18036
      View Details
    • Value Estimation
      $365,000
      3,744 SF

      6339 Beverly Hls Rd

      OFFICE BUILDING • 3,744 SF
      6339 Beverly Hls Rd, Coopersburg, PA 18036-1839
      View Details
    • Value Estimation
      $340,000
      3,478 SF

      602 Fairmount St, Unit 618

      OFFICE BUILDING • 3,478 SF
      602 Fairmount St, Coopersburg, PA 18036-1408
      View Details
    • Value Estimation
      $220,000
      1,087 SF

      1805 Rte 309

      OFFICE BUILDING • 1,087 SF
      1805 Rte 309, Coopersburg, PA 18036-2827
      View Details

    Similar Nearby for Sale

    • $825,000
      1,726 SF

      Commercial Property on Route 309

      Commercial property on Route 309 with 2.4 acres and parking.
      343 3Rd St, Coopersburg, PA 18036
      View Details
    • Contact for pricing

      Residential Development Land Opportunity

      19 acres of residential development land in Upper Saucon.
      4561 Blue Church Rd, Coopersburg, PA 18036
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    • $249,900
      5.80 Acres

      Wooded Lot in Southern Lehigh

      Serene 5.8-acre wooded lot for custom home in Upper Saucon.
      5869 Applebutter Hill Rd, Coopersburg, PA 18036
      View Details
    • $1,495,000
      4,944 SF

      Coopersburg Retail Investment Opportunity

      High-cash-flow gentleman's club with liquor license.
      111 Station Ave, Coopersburg, PA 18036
      View Details
    • Contact for pricing
      0.77 Acres

      Coopersburg Corner Lot Land Lease

      High-Traffic Retail/Fast Food Site
      124 3Rd St, Coopersburg, PA 18036
      View Details
    • $399,900
      7.46 Acres

      Southern Lehigh 7.47-Acre Lot

      7.47-acre lot in Southern Lehigh with tax benefits.
      5871 Applebutter Hill Rd, Coopersburg, PA 18036
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    Similar Nearby for Lease

    • Contact for pricing
      5,000 SF

      Medical Office Space Available

      Divisible medical office suite for lease in Coopersburg, PA.
      101-109 S Main St, Coopersburg, PA 18036
      View Details
    • $12 SF/Yr
      19,730 SF

      Coopersburg Medical Office Suite

      Move-in ready medical suite with excellent visibility and ample parking.
      25 N Main St, Coopersburg, PA 18036
      View Details
    • $590 /Mo
      48,352 SF

      Coopersburg Retail/Office Space Available

      Prime commercial building with frontage on Rt. 309 in Coopersburg.
      202 3Rd St, Coopersburg, PA 18036
      View Details
    • $40 SF/Yr
      36,242 SF

      Freestanding Former Bank Branch Available

      Freestanding 2,500 SF former bank branch with three drive-thru lanes.
      317 E Landis St, Coopersburg, PA 18036
      View Details
    • $50 SF/Yr
      2,504 SF

      Coopersburg Retail Space - 3 Drive-Thrus

      Prime Coopersburg location, 2,504 sq ft, 3 drive-thrus.
      317 Landis St, Coopersburg, PA 18036
      View Details
    • Contact for pricing
      15,000 SF

      Coopersburg Medical Office Space

      ±5,000 SF Medical Office Suite Available
      101 Main St, Coopersburg, PA 18036
      View Details
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    2 Main St
    Coopersburg, PA 18036-1526
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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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