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

    3971 Independence Dr Schnecksville, PA 18078-2523

    • Distribution centers
    • 17,500 SF
    • 2.36 lot acres
    OFF-MARKET
    Value Estimations
    $1,450,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3028861
    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

    • Schnecksville Notary, Titles & Tags / Notary Public

    Property Details for 3971 Independence Dr

    Year built
    1994
    Lot size
    2.36 lot acres
    Property size
    17,500 SF
    Zone code
    LI-B
    Property type
    Distribution centers
    APN
    546859550178-1
    APU
    5468595501781

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,837,000
      Market price range: $810k - $2.61M
      AI Estimate
      $1,075,000
      Market price range: $507k - $1.65M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,670,000
      Current use
      COMMERCIAL (GENERAL)
      $2,345,000
      Change: +40% Conversion: Difficult
      RETAIL STORES
      $2,135,000
      Change: +28% Conversion: Moderate
      APARTMENT HOUSE (5+ UNITS)
      $2,025,000
      Change: +21% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Schnecksville
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.598
    Latitude
    40.6572
    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
    $18,289
    $212,700
    $663,200
    $875,900
    -
    $212,700
    $663,200
    $875,900

    Comparable in this City

    • Value Estimation
      $1,440,000
      513,976 SF

      4240 Independence E Dr

      DISTRIBUTION WAREHOUSE • 513,976 SF
      4240 Independence E Dr, Schnecksville, PA 18078-2520
      View Details
    • Value Estimation
      $49,775,000
      810,010 SF

      4255 Independence E Dr

      DISTRIBUTION WAREHOUSE • 810,010 SF
      4255 Independence E Dr, Schnecksville, PA 18078-2520
      View Details
    • Value Estimation
      $2,250,000
      28,950 SF

      4125 Independence Dr

      INDUSTRIAL (GENERAL) • 28,950 SF
      4125 Independence Dr, Schnecksville, PA 18078-2586
      View Details
    • Value Estimation
      $1,025,000
      7,700 SF

      4280 Independence Dr

      WAREHOUSE, STORAGE • 7,700 SF
      4280 Independence Dr, Schnecksville, PA 18078
      View Details
    • Value Estimation
      $1,580,000
      20,093 SF

      4315 Independence Dr

      INDUSTRIAL (GENERAL) • 20,093 SF
      4315 Independence Dr, Schnecksville, PA 18078-2597
      View Details
    • Value Estimation
      $1,060,000
      12,960 SF

      4410 Park Vw Dr

      WAREHOUSE, STORAGE • 12,960 SF
      4410 Park Vw Dr, Schnecksville, PA 18078-2550
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2.42 Acres

      Schnecksville Office Suite Available

      Prime Office Space, Flexible Layout, Great Location
      4350 Independence Dr, Schnecksville, PA 18078
      View Details
    • $1,900,000
      9,888 SF

      Senior Living Community Ready-to-Go

      Large building previously used as a senior living community.
      4315 Washington St, Schnecksville, PA 18078
      View Details
    • $395,000
      1,718 SF

      Freestanding Building on Heavily Traveled Route

      Highly visible building suitable for office or live-work use.
      4331 Pa Rte 309, Schnecksville, PA 18078
      View Details
    • $1,000,000
      960 SF

      Turnkey Entertainment Property For Sale

      Miniature golf course with batting cages and ice cream parlor.
      4565 Spring Hill Dr, Schnecksville, PA 18078
      View Details

    Similar Nearby for Lease

    • $1,095,000
      9,737 SF

      Industrial Flex Building For Rent

      Freestanding 9,737 SF industrial flex building with expansion land.
      4440 Spring Hill Dr, Schnecksville, PA 18078
      View Details
    • $15 SF/Yr

      Flex Space Near Route 309

      2,250 SF flex space available immediately off Route 309.
      4125 Independence Dr, Schnecksville, PA 18078
      View Details
    • $16 SF/Yr
      93,393 SF

      Adaptable Commercial Space Available

      ADA-compliant commercial space suitable for various business ventures.
      4110 Independence Dr, Schnecksville, PA 18078
      View Details
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    Schnecksville, PA 18078-2523
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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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