3465 Nazareth RdEaston, PA 18045

  • Office properties
  • 19,836 SF
For Lease
$10/SF/YR View listing

Property Details for 3465 Nazareth Rd

Year built
2010
Lot size
1.50 AC
Property size (Sq ft)
19,836 SF
Zone code
PO/B
Property type
Office properties
APN
L8 4 2A 0324
APU
L842A0324

Description

This Class A, 30,000 square foot medical office building at 3465 Nazareth Road in Easton, Pennsylvania, offers 15,560 square feet of immediately available space. Built in 2010, the single building sits on a 1.5-acre lot (19,836 square feet) and features eight suites, with spaces divisible to a minimum of 3,000 square feet and a maximum contiguous space of 8,000 square feet. The property boasts 90 parking spaces, including a sheltered canopy drop-off area, and oversized elevators accommodating gurney use. Large windows provide ample natural light. Tenant improvement packages are available for qualified tenants. Located in a prime Easton location, the building enjoys convenient access to numerous amenities, including restaurants, hotels, financial institutions, and retail shopping centers. Its strategic position on Route 248 provides easy access to I-78, Route 33, Route 22, and other major Lehigh Valley roadways, and is minutes from the New Jersey border. The property is zoned C in Northampton County and features a modern design.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,927,570
    6.5%
    $4,548,526
    7%
    $4,223,632
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,609,193
    Geo Method
    $2,591,772
  • Alternative Use

    Use
    Valuation
    Residential
    $5,640,172
    Hospitality
    $5,166,368
    Educational
    $4,298,357
    Medical
    $4,446,184
    Retail
    $6,686,334

Location Insight

City
Easton
County
Northampton
State
Pennsylvania
Latitude
40.7062
Longitude
-75.2747
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
$75,770
$62,000
$793,000
$855,000
-
$124,000
$1,586,000
$1,710,000

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