95 Highland AveBethlehem, PA 18017

  • Office properties
  • 74,694 SF
For Lease
$11/SF/YR View listing

Property Details for 95 Highland Ave

Year built
1985
Lot size
4.30 AC
Property size (Sq ft)
74,694 SF
Zone code
P1BD
Property type
Office properties
APN
M6 15 10N 0214
APU
M61510N0214

Description

Highland Plaza, located at 95 Highland Ave, Bethlehem, PA 18017, offers 74,694 square feet of Class A office space in a three-story building. This multi-tenant property features 17 suites ranging from 1,306 to 10,375 square feet, suitable for executive, medical, and traditional office uses. The building boasts 292 parking spaces with direct access from Route 512 and Highland Ave, providing convenient access to Route 22 and 512, and all Lehigh Valley destinations. Amenities include a lobby with digital signage, dual elevators, and a multi-story atrium with a skylight. One suite (Suite 300) recently underwent a $500,000 renovation and is immediately available. The property is zoned P1BD in Northampton County. For new tenants, three months of free NNN rent is being offered on all available suites. This prime location and exceptional amenities make Highland Plaza an ideal choice for businesses seeking high-quality office space in the Lehigh Valley.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,555,148
    6.5%
    $17,127,828
    7%
    $15,904,412
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,825,119
    Geo Method
    $9,759,518
  • Alternative Use

    Use
    Valuation
    Residential
    $21,238,508
    Hospitality
    $19,454,358
    Educational
    $16,185,798
    Medical
    $16,742,452
    Retail
    $25,177,908

Location Insight

City
Bethlehem
County
Northampton
State
Pennsylvania
Latitude
40.667
Longitude
-75.3839
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
$144,750
$150,500
$1,835,100
$1,985,600
-
$301,000
$3,670,200
$3,971,200

FAQs

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