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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Apartment buildings
35 10th St Emmaus, PA 18049-3426
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US73-3979455
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1885
Construction
FRAME
Total area
6,400 SF
Lot
0.58 ac (25,308 SF)
Zoning code
I-L
APN
549433038436-1
UPID
US73-3979455
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
by Request
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$605k
Owner & transaction history
David Real Estate Holdings LLC · 8 yrs held
David Real Estate Holdings LLC
since 2018
3 recorded transactions
Zoning & alternative use
I-L · Emmaus, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$950,000
+17.8%
Commercial (general)
$860,000
+6.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$625,000
6.5%
$575,000
7%
$535,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$810,000
Current use
OFFICE BUILDING
$950,000
Change: +18% · Conversion: Moderate
COMMERCIAL (GENERAL)
$860,000
Change: +6% · Conversion: Moderate
RETAIL STORES
$780,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
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
$95 / 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
$9,793
Tax year 2024
Assessed value
$303,500
Assessed 2024
Previous assessed
$303,500
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$48,000
Assessed improvement
$255,500
Land market value
$48,000
Improvement market value
$255,500
Total market value
$303,500
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1885
Construction
FRAME
Heating
BASEBOARD
Stories
3
Units
6
Rooms
24
Bathrooms
7
Total area
6,400 SF
Lot
0.58 ac (25,308 SF)
Zoning code
I-L
APN
549433038436-1
UPID
US73-3979455
Jurisdiction
LEHIGH
Zoning & alternative use
I-L · Emmaus, PA
Zoning I-L · permitted uses
I-L · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$810,000
OFFICE BUILDING
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$860,000
RETAIL STORES
Est. value
$780,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1885
Construction
FRAME
Heating
BASEBOARD
Stories
3
Units
6
Rooms
24
Bathrooms
7
Lot
0.58 ac
Current owner
From public records · entity-resolved
David Real Estate Holdings LLC
Entity
Mailing address
58 TOWNSHIP RD, MACUNGIE, PA 18062-8519
Ownership since
2018
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
Aug 26, 2021
—
David Real Estate Holdings LLC
—
Deed
related
$250,000 · Donald S Young
Apr 18, 2019
—
David Real Estate Holdings LLC
—
Deed
related
$860,000 · Embassy Bank For The Lehigh Valley
Jan 24, 2018
$300,000
David Real Estate Holdings LLC
Haltzman,jay J
Grant Deed
$240,000 · Embassy Bk/lehigh Vly
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.
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