2005 City Line RdBethlehem, PA 18017

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 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.

• 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

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