Building Details

Building Size 4,785 SF

Year Built 1950

Listing Agency: Serhant Pennsylvania LLC

Listed By: Sam Del Rosario Show Phone

Source: Bhhspaulfordrealtors

Added: Aug 7 Changed: Oct 22 Last Checked: Oct 23 at 12:58PM

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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 Serhant Pennsylvania LLC

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Investment Insights

Based on property information with market context.

This freestanding mixed-use property provides approximately 4,785 square feet of reported total building area on approximately 0.88 acre. The main commercial level includes reception and waiting areas, private treatment or consultation rooms, an open rehabilitation or collaborative area, two restrooms, administrative space, and additional support areas. A detached three-car garage and paved on-site parking are also included. The upper level contains a three-bedroom residential configuration with an eat-in kitchen and full bathroom.

Positioned at the corner of W Moorestown Road and Clearfield Road in Bushkill Township, the property offers exposure along the Route 512 corridor with access to Route 33. It is zoned Village District and is vacant for immediate possession. The property was built in 1950 and was formerly used for chiropractic and rehabilitation services. Zoning, occupancy, parking, utilities, septic capacity, and municipal approvals should be independently verified for the intended use.

Key Highlights

• Approximately 4,785 square feet of reported total building area on approximately 0.88 acre
• Detached three‑car garage with paved on‑site parking
• Main level includes reception, private rooms, rehabilitation area, administrative space, and two restrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$34,941

Cap Rate

8.74%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$698,820 $698.8K

Cap Rate 7%

$499,157 $499.2K

Cap Rate 9%

$388,233 $388.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,785 SF

Gross rent

$63.2K $13.20/SF

− Vacancy

−$4.9K −$1.03/SF

EGI

$58.2K $12.17/SF

− OpEx

−$23.3K −$4.87/SF

NOI

$34.9K $7.30/SF

Area

Northampton County, PA

Vacancy

7.80%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

40.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$698,820

Cap Rate 7%

$499,157

Cap Rate 9%

$388,233

Alternative Uses

Best Use

Office B

$709.0K

$620.4K – $827.2K (±1% cap)

NOI $49,632 @ 7.0% cap · market cap 12.41%

Second Best

Mixed Use

$692.1K

$605.6K – $807.5K (±1% cap)

NOI $48,448 @ 7.0% cap · market cap 12.12%

Theoretical Best

Office A

$907.6K

$794.1K – $1.06M (±1% cap)

NOI $63,529 @ 7.0% cap · market cap 15.89%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Moorestown Chiropractic Alternative Medicine Practice Dr. Richard Frey Alternative Medicine Practice Dr. Andrew Krashnak Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Hair Salon Electrical Service Big Box & Wholesale Store Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

53

Businesses Nearby

Explore this area Business Placement

Demographics for 18064, PA

27,696

Population

10,659

Households

2.6

Avg Household Size

46

Median Age

38%

College-Educated

94%

High-School Grad

38.5 sq mi

ZIP Area

719

Density / Sq Mi

$102,857

Median Household Income

$58,471

Median Earnings

$1,235

Median Rent

$354,700

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Freestanding mixed-use property with professional office space, an upper-level residential configuration, and paved on-site parking.

Where is this mixed-use property located?

The property is located at 402 West Moorestown Road Nazareth, PA.

What is the asking price?

The asking price for this property is $399,900.

What are key features of this property?

This property features: Approximately 4,785 square feet of reported total building area on approximately 0.88 acre; Detached three‑car garage with paved on‑site parking; Main level includes reception, private rooms, rehabilitation area, administrative space, and two restrooms