Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4013 WILLIAM PENN Highway unit 2Nd Floor Easton, PA 18045

    View on Map
    For Lease
    $10 SF/Yr

    CommercialLease - EASTON, PA

    Type:Office
    Property size:
    1,567 SF
    Added:
    Mar 14, 2022
    Days on Market:
    1479
    Last Refresh:
    Mar 31 at 11:06 pm

    Property Features for 4013 WILLIAM PENN Highway unit 2Nd Floor

    General Information

    Property type
    Other
    Property subtype
    Office
    Parking
    150
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    1,567 SF

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1990
    Building materials
    Masonry

    We can help!

    Listing Contact
    AYON Abraham CODNER

    Listing agent AYON Abraham CODNER License #RS324477

    Listing office Keller Williams Real Estate - Allentown 1605 N Cedar Crest Boulevard unit: 309, Allentown, PA

    Listing date Mar 14, 2022

    MLS# PANH2001530

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Office Space in Easton, PA

    This +/- 1567 square foot office space is located on the second floor of a restored historic farm building, now part of a commercial complex. The layout includes six small offices and common area restrooms. The property features three-phase electric and ample parking for 150 vehicles. Pylon signage is available. The location offers convenient access to Route 33, I-78, and Route 22. Current tenants in the complex include Easton Family Chiropractic, William Penn Family Dental, and Palmer Optical. The space is suitable for a telemarketing company or recruitment office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Easton
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.27014
    Latitude
    40.67073

    Nearby Similar for Lease

    • Contact for pricing

      Easton Commercial Space For Rent

      First floor commercial/office space in great location near college.
      327 Cattell Street unit: 1, Easton, PA 18042
      View Details
    • Contact for pricing

      Easton Commercial Space For Rent

      Highly visible corner lot with great natural light and parking.
      161 W Berwick Street unit: B, Easton, PA 18042
      View Details
    • Contact for pricing

      Retail Space in Easton, PA

      800 SF retail space in Piscitello's Home Center.
      2300 Wood Avenue, Easton, PA 18042
      View Details
    • Contact for pricing

      Easton Office Space For Rent

      Single office with shared amenities in Easton, PA.
      42 S 3rd Street unit: 202, Easton, PA 18042
      View Details
    • Contact for pricing

      Retail Spaces in West Easton

      Two retail spaces available for lease in West Easton.
      704 East Street unit: 1&2, Easton, PA 18042
      View Details
    • Contact for pricing

      Easton, PA Commercial Space

      Well-located commercial space suitable for retail or service businesses.
      4100 William Penn Highway, Easton, PA 18045
      View Details
    • Contact for pricing

      Converted Office Space For Rent

      Professional office space with parking and included utilities.
      206 S 16th Street, Wilson Boro, PA 18042
      View Details
    • Contact for pricing

      Easton Retail/Office Space Available

      Retail or office space near 25th Street in Easton.
      2340 Butler Street, Easton, PA 18042
      View Details
    • Contact for pricing

      Commercial Studio Unit with Garages

      Commercial studio unit with two garages in downtown Easton.
      803 W walnut unit: Commercial, Easton, PA 18042
      View Details
    • Contact for pricing

      Renovated Bank Executive Offices

      Executive offices in renovated bank with utilities included and common areas.
      1733 Washington Boulevard, Easton, PA 18042
      View Details
    • Contact for pricing

      Remodeled Office Space in Easton

      Updated office building in thriving Lehigh Valley with flexible options.
      2857 Nazareth Road, Easton, PA 18045
      View Details
    • Contact for pricing

      Renovated Office Suites Near Hospital

      Private office suites with shared conference room in Easton, PA.
      1708 Washington Boulevard, Easton, PA 18042
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available for lease in Easton, Pennsylvania.
    Where is this office units located?
    The property is located at 4013 WILLIAM PENN Highway unit 2Nd Floor Easton, PA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Part of a restored historic farm building complex.; Ample parking available with space for 150 vehicles.; Convenient access to Route 33, I‑78, and Route 22.
    (610) 435-1800
    We can help!
    Listing Contact
    AYON Abraham CODNER
    Real Estate License ID: RS324477
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!