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

    6666 Passer Rd Coopersburg, PA 18036-1258

    • Office buildings
    • 7,467 SF
    • 1.94 lot acres
    OFF-MARKET
    Value Estimations
    $1,200,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1593251
    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

    • Metzger Kristofer M / Law Firm
    • George L. Carey III, MS / Physician / Medical Clinic
    • White Oak Counseling Center / Psychologist / Psychotherapist
    • T. W. Cooper Insurance / Insurance Agency
    • Oaktree Advisors / Financial Advisor

    Property Details for 6666 Passer Rd

    Year built
    1997
    Lot size
    1.94 lot acres
    Property size
    7,467 SF
    Zone code
    C
    Property type
    Office buildings
    APN
    642452303680-1
    APU
    6424523036801

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $970,000
      6.5%
      $895,000
      7%
      $830,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,480,000
      Market price range: $703k - $1.65M
      AI Estimate
      $1,226,000
      Market price range: $550k - $1.23M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,110,000
      Current use
      MEDICAL BUILDING
      $1,600,000
      Change: +44% Conversion: Easy
      RESTAURANT
      $1,420,000
      Change: +28% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,210,000
      Change: +9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,000,000
      Change: -10% Conversion: Easy
      RETAIL STORES
      $910,000
      Change: -18% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Coopersburg
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.387
    Latitude
    40.5227
    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
    $22,746
    $380,700
    $622,000
    $1,002,700
    -
    $380,700
    $622,000
    $1,002,700

    Comparable in this City

    • Value Estimation
      $1,195,000
      8,653 SF

      201 2nd St

      OFFICE BUILDING • 8,653 SF
      201 2nd St, Coopersburg, PA 18036
      View Details
    • Value Estimation by Request
      2,052 SF

      350 Main St

      OFFICE BUILDING • 2,052 SF
      350 Main St, Coopersburg, PA 18036-1532
      View Details
    • Value Estimation by Request
      2,160 SF

      110 Main St, Unit 116

      PROFESSIONAL BUILDING (MULTI-STORY) • 2,160 SF
      110 Main St, Coopersburg, PA 18036-1528
      View Details
    • Value Estimation by Request
      1,952 SF

      4076 Vera Cruz Rd

      OFFICE BUILDING • 1,952 SF
      4076 Vera Cruz Rd, Coopersburg, PA 18036-9326
      View Details
    • Value Estimation by Request
      1,215 SF

      302-304 Fairview St

      PROFESSIONAL BUILDING (MULTI-STORY) • 1,215 SF
      302-304 Fairview St, Coopersburg, PA 18036
      View Details
    • Value Estimation by Request
      441 SF

      7700 Keewayden St

      OFFICE BUILDING • 441 SF
      7700 Keewayden St, Coopersburg, PA 18036-2141
      View Details

    Similar Nearby for Sale

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      1,726 SF

      Commercial Property on Route 309

      Commercial property on Route 309 with 2.4 acres and parking.
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      Coopersburg Retail Investment Opportunity

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      Wooded Lot in Southern Lehigh

      Serene 5.8-acre wooded lot for custom home in Upper Saucon.
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      Residential Development Land Opportunity

      19 acres of residential development land in Upper Saucon.
      4561 Blue Church Rd, Coopersburg, PA 18036
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      Residential Lot in Coopersburg Boro

      0.631-acre lot, ideal for a new home with walkout basement.
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      Wooded Land in Coopersburg, PA

      10.18-acre wooded parcel suitable for building or subdivision.
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    Similar Nearby for Lease

    • Contact for pricing
      15,000 SF

      Coopersburg Medical Office Space

      ±5,000 SF Medical Office Suite Available
      101 Main St, Coopersburg, PA 18036
      View Details
    • Contact for pricing
      5,000 SF

      Medical Office Space Available

      Medical office suite in downtown Coopersburg, move-in ready and walkable.
      101 South Main St, Coopersburg, PA 18036
      View Details
    • Contact for pricing
      5,000 SF

      Medical Office Space Available

      Divisible medical office suite for lease in Coopersburg, PA.
      101-109 S Main St, Coopersburg, PA 18036
      View Details
    • $12 SF/Yr
      19,730 SF

      Coopersburg Medical Office Suite

      Move-in ready medical suite with excellent visibility and ample parking.
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    • $590 /Mo
      48,352 SF

      Coopersburg Retail/Office Space Available

      Prime commercial building with frontage on Rt. 309 in Coopersburg.
      202 3Rd St, Coopersburg, PA 18036
      View Details
    • New
      $1,100 /Mo
      63,336 SF

      Coopersburg Boro Commercial Space

      Commercial space with parking in historic Main Street location.
      212 N Main St, Coopersburg, PA 18036
      View Details
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    6666 Passer Rd
    Coopersburg, PA 18036-1258
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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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