1560 Valley Center PkwyBethlehem, PA 18017

Property Details for 1560 Valley Center Pkwy

Year built

1989

Lot size

5.58 AC

Property size (Sq ft)

48,100 SF

Zone code

PORR

Property type

Office properties

APN

N5 1 15 0214

APU

N51150214

Description

This single-story, 51,400-square-foot office building in Bethlehem, Pennsylvania, presents a unique opportunity. Located at 1560 Valley Center Parkway, this Class B property boasts a convenient location off Route 22, providing easy access to the Pennsylvania Turnpike (I-476) and Route 78. Its strategic position allows for efficient access to a significant portion of the U.S. population. Built in 1988, the building features 10-foot ceilings and ample parking with 152 spaces. The property sits on 5.58 acres of land and is zoned PORR (Planned Office Research & Residential). The entire 51,400 square feet is currently vacant and can be subdivided into spaces of 10,000 square feet or more. The building is a masonry construction and has no elevators. The property's Northampton County location and address (1560 Valley Center Pkwy, Bethlehem, PA 18017) offer exceptional accessibility and visibility. This is an ideal space for a business seeking a large, flexible office environment with convenient access to major transportation routes. The APN is N5-1-15-0214.

• CAP approach

  CAP return

  Valuation

  6%

  $11,948,786

  6.5%

  $11,029,648

  7%

  $10,241,816

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,326,990

  Geo Method

  $6,284,746

• Alternative Use

  Use

  Valuation

  Residential

  $13,676,764

  Hospitality

  $12,527,842

  Educational

  $10,423,018

  Medical

  $10,781,481

  Retail

  $16,213,583

Location Insight

City

Bethlehem

County

Northampton

State

Pennsylvania

Latitude

40.6545

Longitude

-75.41

CBSA code

10900

CBSA name

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

Property Tax & Assessments

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