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Property profile & analytics
OFF-MARKET
Estimated value
$1,675,000
Investment properties
408 Chestnut St Emmaus, PA 18049-2438
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-1706911
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1912
Construction
BRICK
Total area
1,800 SF
Lot
0.05 ac (2,142 SF)
Zoning code
B-C
APN
549465074094-1
UPID
US73-1706911
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
Current use
Occupant on record · Public records
-
Emmaus Cuts Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.68M
Owner & transaction history
Platinum Estates LLC · 6 yrs held
Platinum Estates LLC
since 2020
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
B-C · Emmaus, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$1,905,000
ML approach
$1,870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.68M
Range $1.51M – $1.84M · ±10% · vs last sale $1.46M (Jun 22 2020)
Last sale anchor
$1.46M
Jun 22 2020
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
$931 / 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
$4,817
Tax year 2024
Assessed value
$149,300
Assessed 2024
Previous assessed
$149,300
+0.0% YoY
Effective rate
3.23%
On assessed value
Assessed land
$14,700
Assessed improvement
$134,600
Land market value
$14,700
Improvement market value
$134,600
Total market value
$149,300
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1912
Construction
BRICK
Heating
BASEBOARD
Stories
2
Units
2
Rooms
12
Bathrooms
3
Total area
1,800 SF
Lot
0.05 ac (2,142 SF)
Zoning code
B-C
APN
549465074094-1
UPID
US73-1706911
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.
Building & site characteristics
From public records
Year built
1912
Construction
BRICK
Heating
BASEBOARD
Stories
2
Units
2
Rooms
12
Bathrooms
3
Lot
0.05 ac
Current owner
From public records · entity-resolved
Platinum Estates LLC
Entity
Mailing address
7 MURIEL AVE, LAWRENCE, NY 11559-1810
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2020
$1,460,000
Platinum Estates LLC
Wolfe Properties LP
Deed
$950,000 · First Keystone Bank
Mar 19, 2010
—
Wolfe Properties LP
—
Deed Of Trust
related
$1,748,000 · Milestone Bank
May 5, 2004
—
Rogers LP
Schantzenbach,eugene P
Grant Deed
$317,773 · Stuart G Rogers
—
—
Wolfe Properties LP
—
Deed Of Trust
related
$627,000 · Milestone Bank
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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