4787 Freemansburg AveEaston, PA 18045

  • Retail properties
  • 4,490 SF
For Lease
$28/SF/YR View listing

Property Details for 4787 Freemansburg Ave

Year built
2015
Lot size
5.01 AC
Property size (Sq ft)
4,490 SF
Zone code
RR
Property type
Retail properties
Property subtype
Strip malls
APN
N8 1 1B-4 0205
APU
N811B40205

Description

This exceptional 2,140-square-foot retail and office space in Easton, Pennsylvania, presents a unique investment opportunity. Located at 4787 Freemansburg Avenue, this single-story building, constructed in 2015, offers three suites within a highly desirable commercial location. The entire 2,140 square feet is currently vacant, providing immediate occupancy for a single tenant or the potential for multiple tenants. The property boasts ample parking with 43 spaces available for customers and employees. Its strategic placement at the signalized entrance to the Madison Farms Shopping Center provides excellent visibility and accessibility. This thriving shopping center is anchored by a Shoprite supermarket and features a diverse range of national and local businesses, including Starbucks, Petvalu, Heartland Dental, Lehigh Valley Health Network, a Pennsylvania Liquor Control Board (PLCB) store, Chipotle, Mod Pizza, Steak and Shake, and Subway, ensuring high foot traffic and a strong customer base. The property is zoned CG and has a Northampton County APN of N8-1-1B-4-0205. This property is ideal for a variety of businesses seeking a high-traffic, well-established location in Easton. The building's modern construction and convenient amenities make it an attractive option for both retail and office users.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,639,617
    6.5%
    $1,513,492
    7%
    $1,405,386
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,488,329
    Geo Method
    $1,478,392
  • Alternative Use

    Use
    Valuation
    Residential
    $1,276,688
    Hospitality
    $1,169,439
    Educational
    $972,959
    Medical
    $1,006,421
    Retail
    $1,513,492
4787 Freemansburg Ave, Easton, Pennsylvania

Location Insight

City
Easton
County
Northampton
State
Pennsylvania
Latitude
40.6503
Longitude
-75.2963
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
$131,540
$138,300
$1,575,800
$1,714,100
-
$276,600
$3,151,600
$3,428,200

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