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    Retail Space on Route 309 Title is generated by Realmo AI

    1691 Bethlehem Pike, Hatfield, PA 19440

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    Claim this Listing
    For Lease
    $25 SF/Yr $4,166/Mo (calc)

    COMMERCIAL - Hilltown Twp, PA

    Type:Retail
    Property size:
    2,000 SF
    Lot size:
    3.80 Acres
    Added:
    Feb 4, 2026
    Days on Market:
    94
    Last Refresh:
    May 9 at 12:06 am

    Property Features for 1691 Bethlehem Pike

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    15-032-005
    Size
    2,000 SF
    Lot size
    3.80 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1979
    Building materials
    Brick

    We can help!

    Listing Contact
    Michael G. Makhoul

    Listing agent Michael G. Makhoul

    Listing office Keller Williams Allentown 1605 N.CedarCrestBlvd, Ste309, Allentown, PA

    Listing date Feb 4, 2026

    MLS# 771415

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

    HighLights

    • High‑visibility location on Route 309 in a busy retail corridor.
    • Strong co‑tenancy with established national retailers.
    • Digital pylon signage opportunity for maximum brand exposure.
    • Ample shared parking and convenient access.
    • Partially built‑out as standard retail space.
    • Located in an established retail center.

    Overview

    This in-line retail space is located in one of Hilltown's most active retail corridors along Route 309, north of Hilltown Crossings, which is anchored by Walmart and Burlington Coat Factory. The property benefits from high daily traffic, regional access, and established national co-tenancy. The available space is 2,000 square feet and is located within an established retail center. It offers frontage on Route 309, providing visibility and a digital pylon signage opportunity. The space is partially built-out as standard retail space and includes shared parking and convenient ingress/egress. The property is situated on a 3.8-acre lot. It is suited for service-oriented and neighborhood retail users, including quick-service food establishments, cafes, smoothie/juice bars, optical or dental support services, hearing aid centers, salons, spas, barber shops, nail studios, wireless retail or repair services, specialty electronics stores, boutique fitness or personal training studios, wellness studios, financial services, insurance providers, professional services, specialty retail shops, pet services, and local concepts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Domino's Pizza Take-out & Catering CORE 3 Physical ... Medical Clinic Vape Flow / Disposable/ ... (Bike/Boat/Book/etc) Store Unionville Automotive Auto Repair Shop Paul Kelly Home ... General Contractor

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hatfield
    County
    Montgomery
    State
    Pennsylvania
    Longitude
    -75.270665
    Latitude
    40.291703

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    FAQs

    What type of property is this?
    Retail space - Highly visible retail space in active Hilltown corridor.
    Where is this retail space located?
    The property is located at 1691 Bethlehem Pike Hatfield, PA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: High‑visibility location on Route 309 in a busy retail corridor.; Strong co‑tenancy with established national retailers.; Digital pylon signage opportunity for maximum brand exposure.
    (610) 435-1800
    We can help!
    Listing Contact
    Michael G. Makhoul
    Learn More
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    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
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    1691 Bethlehem Pike, Hilltown Twp, PA 19440
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