3005 Brodhead RdBethlehem, PA 18020

Property Details for 3005 Brodhead Rd

Year built

1963

Lot size

2.53 AC

Property size (Sq ft)

14,670 SF

Zone code

GI

Property type

Office properties

APN

L7 10 4 0205

APU

L71040205

Description

This exceptional opportunity presents two to three executive office suites within a 12,910 square foot, multi-tenant office building located at 3005 Brodhead Rd, Bethlehem, PA 18020. The building, constructed in 1963 and classified as Class C, offers a park-like setting in the heart of the Lehigh Valley Industrial Park. Currently, 214 square feet are vacant, with available suites ranging from 214 to 1,051 square feet. Each private suite provides a secure and comfortable workspace. Shared amenities include multiple waiting rooms, restrooms, and kitchenettes, all maintained by the landlord. The all-inclusive base rent covers heat, electricity, air conditioning, water, sewer, and common area maintenance, including snow removal and landscaping. Tenants are only responsible for internet/cable. The building enjoys a convenient location off Route 22, providing easy access to major highways (Routes 78 and 33) and ample private parking. Suite 260 is available for $725.00 per month, Suite 250 for $695.00 per month, and Suite 293 for $2495.00 per month. This property offers unparalleled value and convenience in the Lehigh Valley.

• CAP approach

  CAP return

  Valuation

  6%

  $3,644,256

  6.5%

  $3,363,928

  7%

  $3,123,648

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,929,666

  Geo Method

  $1,916,782

• Alternative Use

  Use

  Valuation

  Residential

  $4,171,271

  Hospitality

  $3,820,862

  Educational

  $3,178,912

  Medical

  $3,288,240

  Retail

  $4,944,974

Location Insight

City

Bethlehem

County

Northampton

State

Pennsylvania

Latitude

40.6815

Longitude

-75.3432

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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