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    Bethlehem City Commercial Space Available Title is generated by Realmo AI

    2285 Avenue A, Bethlehem, PA 18017

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    For Lease
    $9 SF/Yr

    COMMERCIAL - Bethlehem City, PA

    Lot size:
    2.49 Acres
    Added:
    Nov 26, 2024
    Days on Market:
    532
    Last Refresh:
    May 12 at 12:06 pm

    Property Features for 2285 Avenue A

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    641837181359001
    Lot size
    2.49 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1961

    We can help!

    Listing Contact
    Tom Skeans
    Tom Skeans

    Listing agent Tom Skeans License ##RS273976

    Listing office SVN / Imperial Realty 1611 Pond Road, Ste 200, Allentown, PA

    Listing date Nov 26, 2024

    MLS# 749191

    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

    • Excellent location near LVIA Airport, Route 22, PA‑NJ State Line, and PA Turnpike‑Northeast Extension.
    • Features truck dock & drive‑in loading facilities.
    • Owner will renovate to suit requirements.
    • Contiguous expansion space is available.
    • Benefit from monument tenant identity signage.
    • Includes a small office area with a dedicated entrance.

    Overview

    This commercial space is located within 0.7 of a mile from the Lehigh Valley International Airport (LVIA) and 1 mile from Route 22. It is also within 15 miles of the Pennsylvania-New Jersey State Line and 10 miles of the Pennsylvania Turnpike-Northeast Extension Lehigh Valley Exit. Situated in the Lehigh Valley Industrial Park- Section I, the property offers truck dock and drive-in loading facilities. A small office area with a dedicated entrance is located in the front of the building. Contiguous expansion space is available. Monument tenant identity signage is also available. The lunchroom and restrooms are shared with other tenants. The real estate taxes are $1.47 per SF in 2025. The current tenant requires 120+ days to vacate the space. A 5-year lease term is preferred. The owner is willing to renovate to suit requirements. The property sits on a 2.49-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tapeworks Industrial Manufacturer

    Suggested Use

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

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

    Similar Places Nearby

    • Moe's Southwest Grill — 3211 Schoenersville Rd, Bethlehem, PA 18017

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.426643
    Latitude
    40.649204

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    FAQs

    What type of property is this?
    Flex space - Flex/industrial space near LVIA Airport and Route 22.
    Where is this flex space located?
    The property is located at 2285 Avenue A Bethlehem, PA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Excellent location near LVIA Airport, Route 22, PA‑NJ State Line, and PA Turnpike‑Northeast Extension.; Features truck dock & drive‑in loading facilities.; Owner will renovate to suit requirements.
    (484) 245-1002
    We can help!
    Listing Contact
    Tom Skeans
    Tom Skeans
    Real Estate License ID: #RS273976
    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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    2285 Avenue A, Bethlehem City, PA 18017
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