4317 Easton AveBethlehem, PA 18020

  • Office properties
  • 10,646 SF
For Sale

Property Details for 4317 Easton Ave

Year built
2001
Lot size
5.21 AC
Property size (Sq ft)
10,646 SF
Zone code
OB
Property type
Office properties
Property subtype
Other office properties
APN
M7NE3 6 1 0205
APU
M7NE3610205

Description

This exceptional 1.4-acre commercial land parcel in Northampton County, Pennsylvania, presents a unique build-to-suit opportunity. The property, identified by APN M7NE3 6 1 0205, is zoned OB - Office/Business with Commercial Enhancement Overlay, offering significant flexibility for development. Currently approved for a single-story, 12,000 square foot building, the site boasts the potential for expansion up to a five-story structure totaling 60,000 square feet. Utilities and curb cuts are already in place, streamlining the construction process and minimizing upfront costs. This single-tenant land lease provides immediate access to major transportation arteries, including Route 33, Route 22, and I-78, ensuring excellent connectivity and accessibility for employees and clients. The high-traffic location benefits from strong demographics and a vibrant surrounding area, featuring a diverse range of amenities such as retailers, restaurants, entertainment venues, and recreational facilities. This is an ideal location for medical and office users seeking a prominent presence in a thriving community. The property's Class A designation reflects its superior quality and potential for high-value development. Don't miss this chance to secure a prime commercial location with significant upside potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,644,632
    6.5%
    $2,441,198
    7%
    $2,266,827
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,400,356
    Geo Method
    $1,391,006
  • Alternative Use

    Use
    Valuation
    Residential
    $3,027,086
    Hospitality
    $2,772,794
    Educational
    $2,306,932
    Medical
    $2,386,271
    Retail
    $3,588,562
4317 Easton Ave, Bethlehem, Pennsylvania

Location Insight

City
Bethlehem
County
Northampton
State
Pennsylvania
Latitude
40.6669
Longitude
-75.3117
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
$44,678
$169,700
$412,500
$582,200
-
$339,400
$825,000
$1,164,400

FAQs

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