373 Lawn RdNazareth, PA 18064

Property Details for 373 Lawn Rd

Year built

1900

Lot size

0.57 AC

Property size (Sq ft)

3,206 SF

Zone code

NC

Property type

Bars

Property subtype

Pubs

APN

J8NW4 3 10 0432

APU

J8NW43100432

Description

This exceptional 0.57-acre commercial land parcel, located at 373 E Lawn Rd, Nazareth, PA 18064, presents a unique investment opportunity. Priced at $850,000, this property is zoned 32NC and offers significant potential for development. The lot's size provides ample space for a variety of commercial ventures, with a proposed use identified as a restaurant. The property's location in Northampton County, Pennsylvania, offers convenient access to local amenities and transportation routes. The parcel identification number (APN) is J8NW4-3-10-0432. This is a single lot, totaling 0.57 acres, making it an ideal site for a new commercial construction project. Serious inquiries are encouraged to explore the possibilities of this strategically located commercial land. The property is being offered as an investment opportunity. This is a rare opportunity to acquire a well-situated commercial lot in a thriving area. Don't miss out on this chance to build your business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,170,738

  6.5%

  $1,080,681

  7%

  $1,003,489

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,062,713

  Geo Method

  $1,055,618

• Alternative Use

  Use

  Valuation

  Residential

  $911,595

  Hospitality

  $835,016

  Educational

  $694,723

  Medical

  $718,616

  Retail

  $1,080,681

Location Insight

City

Nazareth

County

Northampton

State

Pennsylvania

Latitude

40.7504

Longitude

-75.2949

CBSA code

10900

CBSA name

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

Property Tax & Assessments

FAQs

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