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Property profile & analytics
OFF-MARKET
Estimated value
$2,850,000
Manufacturing properties
4870 Raymond Ct Emmaus, PA 18049-1033
Individually Owned
~
Est. High Equity
Property ID
US73-1855053
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2002
Total area
36,578 SF
Lot
15.85 ac (690,426 SF)
Zoning code
I
APN
548460557282-1
UPID
US73-1855053
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
-
Levan Associates Inc Construction Company General Contractor
-
Davis Construction & Steel Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.13M
Blend (final)
Blend
$2.85M
Owner & transaction history
Davis,scott D & Patricia A|mushko,david S & Robin
Davis,scott D & Patricia A|mushko,david S & Robin
3 recorded transactions
Zoning & alternative use
I · Emmaus, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.6M
+82.0%
Retail stores
$4.5M
+75.7%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,535,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,615,000
Change: +82% · Conversion: Difficult
RETAIL STORES
$4,460,000
Change: +76% · Conversion: Moderate
Blend value · Realmo final
$2.85M
Range $2.57M – $3.14M · ±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
$78 / 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
$56,820
Tax year 2024
Assessed value
$2,547,700
Assessed 2024
Previous assessed
$2,547,700
+0.0% YoY
Effective rate
2.23%
On assessed value
Assessed land
$523,900
Assessed improvement
$2,023,800
Land market value
$523,900
Improvement market value
$2,023,800
Total market value
$2,547,700
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2002
Heating
SPACE
Stories
1
Total area
36,578 SF
Lot
15.85 ac (690,426 SF)
Zoning code
I
APN
548460557282-1
UPID
US73-1855053
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
INDUSTRIAL (GENERAL) Current
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
RETAIL STORES
Est. value
$4.5M
INDUSTRIAL (GENERAL) Current
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
2002
Heating
SPACE
Stories
1
Lot
15.85 ac
Current owner
From public records · entity-resolved
Davis,scott D & Patricia A|mushko,david S & Robin
Individual
Mailing address
4870 RAYMOND CT, EMMAUS, PA 18049-1033
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
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
—
—
Davis,scott D & Patricia A|mushko,david S & Robin
—
Deed Of Trust
related
$375,000 · Merchants Bk/bangor
—
—
Scott D Davis
—
Deed Of Trust
related
$100,000 · Merchants Bank
—
—
Scott D Davis
—
Deed Of Trust
related
$755,000 · Merchants 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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