2005 City Line RdBethlehem, PA 18017
- Office properties
- 67,133 SF
Property Details for 2005 City Line Rd
- Year built
- 1970
- Lot size
- 2.58 AC
- Property size (Sq ft)
- 67,133 SF
- Zone code
- CS
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 641859897788-1
- APU
- 6418598977881
Description
This exceptional Class A office building, located at 2005 City Line Road in Bethlehem, Pennsylvania, offers a variety of flexible spaces ideal for businesses of all sizes. The property boasts a total of 65,000 square feet spread across three stories, with a minimum divisible space of 1,219 square feet and a maximum contiguous space of 2,790 square feet. Currently, 6,703 square feet of office space is available. Built in 1970 and extensively renovated in 2002, the building maintains a high standard of quality and functionality. The property sits on 2.4 acres of land and provides convenient access to ample parking with 173 spaces available for tenants and visitors. The building is zoned CS and features a Lehigh County APN of 641859897788-1. Its prime location in Bethlehem, PA (zip code 18017) offers easy access to major transportation routes and amenities. This multi-tenant building provides a professional and efficient work environment, making it an excellent choice for businesses seeking a prestigious address and modern facilities. The property's combination of size, location, and amenities makes it a highly desirable commercial real estate opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $16,676,878
- 6.5%
- $15,394,041
- 7%
- $14,294,467
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,830,558
- Geo Method
- $8,771,598
-
Alternative Use
- Use
- Valuation
- Residential
- $19,088,610
- Hospitality
- $17,485,064
- Educational
- $14,547,369
- Medical
- $15,047,675
- Retail
- $22,629,240
Location Insight
- City
- Bethlehem
- County
- Lehigh
- State
- Pennsylvania
- Latitude
- 40.6548
- Longitude
- -75.4165
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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