4317 Easton AveBethlehem, PA 18020

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

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.

• 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

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

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