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Property profile & analytics
FOR SALE
Distribution centers
4591 Colebrook Ave Emmaus, PA 18049
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-1766122
For Sale
1 / 9
$5,000,000
4591 Colebrook Ave, Emmaus, PA 18049
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1972
Total area
47,289 SF
Lot
9.99 ac (435,295 SF)
Zoning code
I
APN
548470991014-1
UPID
US73-1766122
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
-
Hatfield Quality Meats Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.69M
Blend (final)
Blend
$4.50M
Owner & transaction history
Godshall Emmaus Enterprises LLC · 3 yrs held
Godshall Emmaus Enterprises LLC
since 2023
Last sale
$4.5M
6 recorded transactions
Zoning & alternative use
I · Emmaus, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$7.0M
+55.8%
Commercial (general)
$6.3M
+40.4%
Apartment house (5+ units)
$6.0M
+32.3%
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
$4,515,000
ML approach
$4,485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,515,000
Current use
OFFICE BUILDING
$7,035,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,335,000
Change: +40% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,970,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$5,765,000
Change: +28% · Conversion: Moderate
Blend value · Realmo final
$4.50M
Range $4.05M – $4.95M · ±10% · vs last sale $4.50M (Mar 10 2023)
Last sale anchor
$4.50M
Mar 10 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
$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
$53,770
Tax year 2024
Assessed value
$2,203,700
Assessed 2024
Previous assessed
$2,203,700
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$299,900
Assessed improvement
$1,903,800
Land market value
$299,900
Improvement market value
$1,903,800
Total market value
$2,203,700
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Sale
Year built
1972
Heating
YES
Cooling
YES
Stories
1
Total area
47,289 SF
Lot
9.99 ac (435,295 SF)
Zoning code
I
APN
548470991014-1
UPID
US73-1766122
Jurisdiction
LEHIGH
Zoning & alternative use
I · Emmaus, PA
Zoning I · permitted uses
I · 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
WAREHOUSE, STORAGE Current
Est. value
$4.5M
OFFICE BUILDING
Est. value
$7.0M
COMMERCIAL (GENERAL)
Est. value
$6.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.0M
RETAIL STORES
Est. value
$5.8M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1972
Heating
YES
Cooling
Yes
Stories
1
Lot
9.99 ac
Current owner
From public records · entity-resolved
Godshall Emmaus Enterprises LLC
Entity
Free & Clear · 3 yrs held
Mailing address
675 ML RD, TELFORD, PA 18969-2411
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2023
—
Godshall Emmaus Enterprises LLC
Godshall Emmaus Enterprise LLC
Correction Deed
related
—
Mar 10, 2023
$4,500,000
Godshall Emmaus Enterprise LLC
Clemens Food Group LLC
Deed
—
Sep 28, 2011
—
Hatfield Quality Meats LLC
Hatfield Quality Meats LLC
Quit Claim Deed
related
$200,000,000 · Cooperatieve Centrale Raiffeis
Feb 27, 2002
—
Hatfield Quality Meats INC
Hatfield Quality Meats INC
Quit Claim Deed
related
—
—
—
Clemens Food Group LLC
—
Loan Modification
related
$400,000,000 · Cooperatieve Centrale Raiffeis
—
—
Clemens Food Group LLC
—
Deed Of Trust
related
—
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?”
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