Corner Commercial
For Sale
$1,500,000
102 Bushkill St, Easton, PA 18042
DD-zoned corner parcel with utilities in place and access to Routes 22 and 611.
Property Size8,929 SF
Days on Market69
Property Features for 102 Bushkill St
General Information
Standard status
Active
Size
8,929 SF
Property subtype
Development Site
Building Details
Building Size
8,929 SF
Year Built
1945
Listing Agency:
NAI Summit
(610) 554-5695
Listed By:
Sarah Finney Miller · License #PA #AB067520
(610) 554-5695
Source:
Naisummit
Added: Jun 25
Changed: Aug 30
Last Checked: Aug 31 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Summit
Investment Insights
Based on property information with market context.
This 0.48-acre commercial land parcel occupies a corner position in Downtown Easton and carries DD zoning for Downtown Easton. Utilities are available at the site, supporting future planning and redevelopment of the property.
The parcel has direct access to Routes 22 and 611 and is adjacent to both routes. It also overlooks the Delaware River, placing the site within the urban setting of historic Easton.
Permitted uses include residential, mixed-use, cultural and entertainment, general retail, food establishments, professional services, community and government services, medical services, care facilities, and a parking structure.
The parcel has direct access to Routes 22 and 611 and is adjacent to both routes. It also overlooks the Delaware River, placing the site within the urban setting of historic Easton.
Permitted uses include residential, mixed-use, cultural and entertainment, general retail, food establishments, professional services, community and government services, medical services, care facilities, and a parking structure.
Key Highlights
- 0.48 acres of commercial land in Downtown Easton
- DD zoning for Downtown Easton
- Direct access to Routes 22 and 611
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$90,406
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,808,120
$1.8M
Cap Rate 7%
$1,291,514
$1.3M
Cap Rate 9%
$1,004,511
$1.0M
Market Conditions
NOI Build-Up for 8,929 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$160.7K $18.00/SF
− Vacancy
−$16.1K −$1.80/SF
EGI
$144.6K $16.20/SF
− OpEx
−$54.2K −$6.07/SF
NOI
$90.4K $10.13/SF
Area
Northampton County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,808,120
Cap Rate 7%
$1,291,514
Cap Rate 9%
$1,004,511
Alternative Uses
Best Use
Mixed Use
$1.29M
$1.13M – $1.51M
NOI $90,406 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.69M
$1.48M – $1.98M
NOI $118,549 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,539
Businesses Nearby
Explore this area
Business Placement
Demographics for 18042, PA
44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - DD-zoned corner parcel with utilities in place and access to Routes 22 and 611.
Where is this commercial land located?
The property is located at 102 Bushkill St Easton, PA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 0.48 acres of commercial land in Downtown Easton; DD zoning for Downtown Easton; Direct access to Routes 22 and 611
