Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Easton First Floor Office Space Title is generated by Realmo AI

    1104 VAN BUREN ROAD 1ST FLOOR, Easton, PA 18045

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $12 SF/Yr $4,531/Mo (calc)

    4,531 SF office space available for immediate lease.

    Type:Rental
    Property size:
    4,531 SF
    Lot size:
    9.03 Acres
    Added:
    Mar 17, 2022
    Days on Market:
    1528
    Last Refresh:
    May 19 at 8:50 pm

    Property Features for 1104 VAN BUREN ROAD 1ST FLOOR

    General Information

    Standard status
    Active
    Size
    4,531 SF
    Lot size
    9.03 Acres
    Property subtype
    Rental

    Building Details

    Year Built
    1989

    We can help!

    Listing Contact
    AYON CODNER
    AYON CODNER

    Listing agent AYON CODNER License #RS324477

    Listing office Keller Williams Real Estate - Allentown

    Listing date Mar 17, 2022

    Source Exitrealty

    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 Keller Williams Real Estate - Allentown

    HighLights

    • 4,531 SF First Floor Available for Immediate Lease
    • Convenient Access to Routes 248, 33, and 22
    • Multiple Exam Rooms and ADA Restrooms
    • Suitable for Medical Office, Data Center, or Professional Services
    • Three‑Phase Electricity and Internet Access
    • Located on the corner of Route 248 and Van Buren Road, with Bank of America and Dedicated Dermatology as neighbors

    Overview

    The available space encompasses 4,531 square feet on the first floor and is available for immediate lease. It features multiple exam rooms and ADA-compliant restrooms. The space is equipped with three-phase electricity and internet access. It is suitable for a medical office, data center, or professional services. The building is located at the corner of Route 248 and Van Buren Road, offering convenient access to Routes 248, 33, and 22. Current tenants include Bank of America and Dedicated Dermatology.
    Property Profile Location Intelligence

    Current Use by Public Records

    Theresa Applegarth Lpc Counselor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Thoreau Veterinary Hospital, Inc. — 3300 fox hill rd, easton, pa 18045
    • Thoreau Veterinary Hospital — 3300 Fox Hill Rd, Easton, PA 18045
    • Petco Vaccination Clinic — 3895 Dryland Way, Easton, PA 18045

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.275005
    Latitude
    40.708203

    Nearby Similar for Lease

    • $3,750/Mo
      5,766 SF

      Easton Restaurant Space Available

      Restaurant space in growing Easton, near Lafayette College and Route 22.
      701 Northampton Street, Easton, PA 18042
      View Details
    • $1,750/Mo
      2,165 SF

      Easton Commercial Flex Space Available

      Two free-span buildings ideal for service-based or light commercial uses.
      1211 Washington Street, Easton, PA 18042
      View Details
    • $1,500/Mo
      800 SF

      Retail Space in Easton, PA

      800 SF retail space in Piscitello's Home Center.
      2300 Wood Avenue, Easton, PA 18042
      View Details
    • $1,150/Mo
      1,220 SF

      Retail Spaces in West Easton

      Two retail spaces available for lease in West Easton.
      704 East Street, Easton, PA 18042
      View Details
    • $1,400/Mo

      Easton Commercial Space For Rent

      First floor commercial/office space in great location near college.
      327 Cattell Street, Easton, PA 18042
      View Details
    • $1,400/Mo

      Easton Restaurant Space Available

      Restaurant space for rent in Easton, Pennsylvania.
      1213 Washington Street, Easton, PA 18042
      View Details
    • $1,200/Mo
      4,000 SF

      Remodeled Office Space in Easton

      Updated office building with flexible lease options and ample parking.
      2857 Nazareth Road, Easton, PA 18045
      View Details
    • $650/Mo

      Easton, PA Commercial Space

      Well-located commercial space suitable for retail or service businesses.
      4100 William Penn Highway, Easton, PA 18045
      View Details
    • $850/Mo

      Commercial Studio Unit with Garages

      Commercial studio unit with two garages in downtown Easton.
      803 W walnut, Easton, PA 18042
      View Details
    • $575/Mo

      Renovated Bank Executive Offices

      Executive offices in renovated bank with utilities included and common areas.
      1733 Washington Boulevard, Easton, PA 18042
      View Details
    • $4,200/Mo
      2,200 SF

      Move-In Ready Office Space

      2,200 SF office space with private entrance and parking.
      2906 William Penn Highway, Easton, PA 18045
      View Details
    • $600/Mo

      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?
    Medical Office Space - 4,531 SF office space available for immediate lease.
    Where is this medical office space located?
    The property is located at 1104 VAN BUREN ROAD 1ST FLOOR Easton, PA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 4,531 SF First Floor Available for Immediate Lease; Convenient Access to Routes 248, 33, and 22; Multiple Exam Rooms and ADA Restrooms
    (610) 435-1800
    We can help!
    Listing Contact
    AYON CODNER
    AYON CODNER
    Real Estate License ID: RS324477
    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

    Thank You for Inquiry
    1104 VAN BUREN ROAD 1ST FLOOR, EASTON, PA 18045
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!