Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3948 Portland St Coplay, PA 18037-2224
    Back to Search
    Property profile & analytics

    3948 Portland St, Coplay, PA 18037-2224

    View on Map
    • Office buildings
    • 9,873 SF
    • 4.07 lot acres
    Off-Market
    Last Sale Jul 28, 2023
    $385,000
    Property ID
    US73-0408824
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 3948 Portland St

    Lot size
    4.07 lot acres
    Zone code
    ME-I
    Property type
    Office buildings
    APN
    547984619922-1
    APU
    5479846199221

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 28, 2023 $385,000 Saucon Pointr LLC Derek E Stellar Special Warranty Deed —
    Oct 30, 2019 $130,000 Derek E Stellar Granite Group Grant Deed —
    Dec 20, 2001 $49,500 Granite Group E L Conwell & Co Grant Deed —
    — — Granite Group — Deed Of Trust · related $225k · Parke Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Coplay
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.5501
    Latitude
    40.6691
    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
    $7,041
    $146,700
    $190,500
    $337,200
    -
    $146,700
    $190,500
    $337,200

    Comparable in this City

    • Value Estimation by Request
      2,632 SF

      2500 Quarry St

      OFFICE BUILDING
      2500 Quarry St, Coplay, PA 18037-2054
      View Details
    • Value Estimation
      $610,000
      3,611 SF

      2550 Quarry St, Unit 2800

      OFFICE BUILDING
      2550 Quarry St, Coplay, PA 18037-2054
      View Details
    • Value Estimation by Request
      3,335 SF

      17 3rd St

      PROFESSIONAL BUILDING (MULTI-STORY)
      17 3rd St, Coplay, PA 18037-1524
      View Details
    • Value Estimation by Request
      3,600 SF

      3315 Mauch Chunk Rd

      OFFICE BUILDING
      3315 Mauch Chunk Rd, Coplay, PA 18037-2074
      View Details
    • Value Estimation by Request
      0.61 Acres

      2632 Old Post Rd

      OFFICE BUILDING
      2632 Old Post Rd, Coplay, PA 18037-2303
      View Details
    • Value Estimation
      $635,000
      5,380 SF

      2354 Old Post Rd

      OFFICE BUILDING
      2354 Old Post Rd, Coplay, PA 18037-2461
      View Details

    Similar Nearby for Sale

    • $450,000
      2,601 SF

      Updated Duplex in Coplay

      Updated duplex with strong investment potential in Coplay, Pennsylvania.
      12 S Front St, Coplay, PA 18037
      View Details
    • $149,500
      2.23 Acres

      Scenic Parkland School District Lot

      2+ acre partially wooded lot in North Whitehall Township.
      4760 Mulberry St, Coplay, PA 18037
      View Details
    • New
      $450,000
      2,601 SF

      Updated Duplex with Two 3BR Units

      Well-updated two-unit duplex offering two 3-bedroom, 2-bath layouts with separate utilities and off-street parking.
      12 S Front St, Coplay, PA 18037
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo

      Adaptable Commercial Space For Rent

      Versatile commercial space suitable for retail, office, or studio.
      4119 Mauch Chunk Rd, Coplay, PA 18037
      View Details
    • Contact for pricing

      Adaptable Commercial Space For Rent

      Versatile 1,300+ sq ft space for retail, office, studio.
      B-4119 Mauch Chunk Rd, Coplay, PA 18037
      View Details
    • $12 SF/Yr

      Coplay Boro Commercial Space Available

      Commercial space suitable for medical, office, retail, or childcare use.
      52 N 2Nd St, Coplay, PA 18037
      View Details
    • Contact for pricing

      Coplay Warehouse/Office Space Available

      Warehouse/office space with drive-in door and ample parking.
      155 N 9Th St, Coplay, PA 18037
      View Details
    • $2,500 /Mo

      Versatile Commercial Space Available

      Expansive commercial space with open layout, ideal for various uses.
      4119 Mauch Chunk Rd, Coplay, PA 18037
      View Details
    • $7 SF/Yr
      30,405 SF

      Coplay Warehouse Space For Lease

      Warehouse space with 12' ceilings, drive-in door, and parking.
      155 9Th St, Coplay, PA 18037
      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.
    3948 Portland St
    Coplay, PA 18037-2224
    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

    Thank You for Inquiry
    3948 Portland St, Coplay, PA, 18037
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!