3864 Courtney StBethlehem, PA 18017

Property Details for 3864 Courtney St

Year built

1990

Lot size

8.23 AC

Property size (Sq ft)

100,767 SF

Zone code

P1BD

Property type

Office properties

Property subtype

Other office properties

APN

M6 15 10W 0214

APU

M61510W0214

Description

This exceptional Class B industrial flex space, located at 3864 Courtney St in the Lehigh Valley Industrial Park, offers a prime opportunity for businesses seeking flexible and strategically located facilities. The property totals 100,767 square feet and is comprised of multiple tenancies, with a significant portion currently vacant. This presents a unique chance to secure space ranging from a minimum of 2,666 square feet to a maximum contiguous space of 4,987 square feet, accommodating a variety of business needs. The building, constructed in 1989, benefits from its convenient access to major highways including Routes 22, 78, 33, and 248, ensuring seamless transportation and logistics. Currently, 7,653 square feet of space is immediately available. The property's flex space design offers versatility, allowing for customization to suit diverse operational requirements. This prime location within the thriving Lehigh Valley industrial market provides excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their operations in this dynamic region. The available space offers a blend of warehouse and office areas, providing a functional and efficient workspace. Don't miss this chance to secure your ideal space in this sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $25,032,084

  6.5%

  $23,106,540

  7%

  $21,456,072

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,254,716

  Geo Method

  $13,166,216

• Alternative Use

  Use

  Valuation

  Residential

  $28,652,110

  Hospitality

  $26,245,178

  Educational

  $21,835,680

  Medical

  $22,586,642

  Retail

  $33,966,612

Location Insight

City

Bethlehem

County

Northampton

State

Pennsylvania

Latitude

40.6702

Longitude

-75.3745

CBSA code

10900

CBSA name

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

Property Tax & Assessments

FAQs

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