Medical Office Space with Central
For Sale
$500,000
Pending
1225 Main St, Hellertown, PA 18055
M zoning, on-street parking, and an electric water heater are among the property's documented features.
Property Size3,660 SF
Days on Market202
Property Features for 1225 Main St
General Information
Standard status
Pending
Size
3,660 SF
Total Parking Spaces
2
Zoning
M
Taxes and HOA fees
Annual Taxes
$5,331
Amenities
Accessible Entrance
Central Air
Electric
Electric Water Heater
On Street
Building Details
Building Size
3,660 SF
Year Built
1940
Listing Agency:
Northampton County Regional Realty LLC
Listed By:
Jennifer Schimmel
(610) 360-0036
Source:
Evrealestate
Added: Mar 27
Changed: Oct 11
Last Checked: Oct 12 at 7:43PM
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 Northampton County Regional Realty LLC
Investment Insights
Based on property information with market context.
This medical office property at 1225 Main St in Hellertown contains 3,660 square feet. Built in 1940, it has central air, electric service, and an electric water heater. The property is zoned M, and on-street parking is listed among its exterior features.
Key Highlights
- 3,660 square feet of medical office space
- M zoning
- Built in 1940
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,963
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,260
$759.3K
Cap Rate 7%
$542,329
$542.3K
Cap Rate 9%
$421,811
$421.8K
Market Conditions
NOI Build-Up for 3,660 SF
Gross rent
$54.9K $15.00/SF
− Vacancy
−$4.3K −$1.17/SF
EGI
$50.6K $13.83/SF
− OpEx
−$12.7K −$3.46/SF
NOI
$38.0K $10.37/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$759,260
Cap Rate 7%
$542,329
Cap Rate 9%
$421,811
Alternative Uses
Best Use
Office B
$542.3K
$474.5K – $632.7K
NOI $37,963 @ 7.0% cap · market cap 7.59%
Second Best
Healthcare Medical
$381.8K
$334.1K – $445.4K
NOI $26,726 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$694.2K
$607.4K – $809.9K
NOI $48,593 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18055, PA
12,077
Population
4,946
Households
2.4
Avg Household Size
46
Median Age
39%
College-Educated
95%
High-School Grad
20.0 sq mi
ZIP Area
604
Density / Sq Mi
$90,087
Median Household Income
$52,690
Median Earnings
$1,273
Median Rent
$293,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Similar Off Market Nearby
- Cat Doctor — 415 Main St, Hellertown, PA 18055
Frequently Asked Questions
What type of property is this?
Medical Office Space - M zoning, on-street parking, and an electric water heater are among the property's documented features.
Where is this medical office space located?
The property is located at 1225 Main St Hellertown, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,660 square feet of medical office space; M zoning; Built in 1940
