2005 City Line RdBethlehem, PA 18017

  • Office properties
  • 67,133 SF
For Lease

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
2005 City Line Rd, Bethlehem, Pennsylvania

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

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
$210,924
$170,000
$7,256,900
$7,426,900
-
$170,000
$7,256,900
$7,426,900

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].