3100 Emrick BlvdBethlehem, PA 18020

  • Medical offices
  • 47,585 SF
For Lease
$21/SF/YR View listing

Property Details for 3100 Emrick Blvd

Year built
2014
Lot size
3.74 AC
Property size (Sq ft)
47,585 SF
Zone code
OB
Property type
Medical offices
Property subtype
Medical space
APN
M8 9 14-25A 0205
APU
M891425A0205

Description

This exceptional 7,772-square-foot Class A medical office space is available for lease in Bethlehem, Pennsylvania. Located on the first floor of a single-story, 49,683-square-foot building constructed in 2014, this property offers a highly visible location within the LVIP VI professional office park. The suite is divisible to a minimum of 3,000 square feet, providing flexibility for various tenant needs. The building boasts ample on-site parking and is conveniently situated near a LANTA bus stop (routes 220 & 312), approximately 200 feet from the entrance. Its strategic location offers easy access to major roadways, including Route 33, Route 22, and I-78, and benefits from proximity to St. Luke's Anderson Campus and Lehigh Valley Hospital-Hecktown Oaks. The property is zoned LI/P (Light Industrial/Office Campus) and features a single suite within the building. The address is 3100 Emrick Boulevard, Bethlehem, PA 18020, with a cross street of William Penn Highway. Convenient access to the Transbridge Park & Ride is also available across William Penn Highway. The lease rate is $21.00 per square foot, modified gross, plus utilities and janitorial services. The property's APN is M8 9 14-25A 0205, located in Northampton County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,820,852
    6.5%
    $10,911,555
    7%
    $10,132,158
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,259,248
    Geo Method
    $6,217,456
  • Alternative Use

    Use
    Valuation
    Residential
    $13,530,329
    Hospitality
    $12,393,708
    Educational
    $10,311,420
    Medical
    $10,666,045
    Retail
    $16,039,986

Location Insight

City
Bethlehem
County
Northampton
State
Pennsylvania
Latitude
40.6655
Longitude
-75.2942
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
$207,574
$130,900
$2,574,000
$2,704,900
-
$261,800
$5,148,000
$5,409,800

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