Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Banks
329 Main St 335 Emmaus, PA 18049-2704
Individually Owned
2-yr Hold
Free & Clear
Property ID
US73-2057225
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1928
Total area
3,925 SF
Lot
0.17 ac (7,492 SF)
Zoning code
B-C
APN
549465294472-1
UPID
US73-2057225
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Evan W Walters IV · 2 yrs held
Evan W Walters IV
since 2023
Last sale
$534,000
3 recorded transactions
Zoning & alternative use
B-C · Emmaus, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$475,000
+13.7%
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
$535,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$415,000
Current use
COMMERCIAL (GENERAL)
$475,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$410,000
Change: -2% · Conversion: Difficult
MEDICAL BUILDING
$400,000
Change: -4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$345,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $534k (Dec 1 2023)
Last sale anchor
$534k
Dec 1 2023
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
$136 / 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
$11,748
Tax year 2024
Assessed value
$364,100
Assessed 2024
Previous assessed
$364,100
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$52,600
Assessed improvement
$311,500
Land market value
$52,600
Improvement market value
$311,500
Total market value
$364,100
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1928
Heating
YES
Cooling
YES
Stories
1
Total area
3,925 SF
Lot
0.17 ac (7,492 SF)
Zoning code
B-C
APN
549465294472-1
UPID
US73-2057225
Jurisdiction
LEHIGH
Zoning & alternative use
B-C · Emmaus, PA
Zoning B-C · permitted uses
B-C · 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
FINANCIAL BUILDING Current
Est. value
$415,000
COMMERCIAL (GENERAL)
Est. value
$475,000
OFFICE BUILDING
Est. value
$410,000
MEDICAL BUILDING
Est. value
$400,000
AUTO REPAIR, GARAGE
Est. value
$345,000
FINANCIAL BUILDING Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1928
Heating
YES
Cooling
Yes
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Evan W Walters IV
Individual
Free & Clear · 2 yrs held
Mailing address
3091 SHEFFIELD DR, EMMAUS, PA 18049-1229
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$534,000
Evan W Walters IV
Kappe Associates INC
Deed
—
Oct 14, 2022
$445,000
Kappe Associates INC
7035 LLC
Deed
—
Jul 19, 2022
$650,000
7035 LLC
Wells Fargo Bank NA
Special Warranty Deed
$552,500 · The Fidelity Deposit & Discount Ban
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 329 Main St, Unit 335?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.