Three-Level Medical Office
For Sale
$1,999,999
5250 Freemansburg Ave, Easton, PA 18045
Built in 2015, the property includes a ground-floor dental practice and a shell-ready second floor plus an available lower level.
Property Size13,905 SF
Price / SF$143.83
Days on Market212
Property Features for 5250 Freemansburg Ave
General Information
Standard status
Active
Size
13,905 SF
Taxes and HOA fees
Annual Taxes
$35,112
Listing Agency:
Keller Williams Allentown
Listed By:
Ryan B. McGeehan · License #AB068951
(610) 435-1800
Source:
Exprealty
Added: Apr 2
Changed: Oct 25
Last Checked: Oct 30 at 6:48PM
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 Allentown
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Investment Insights
Based on property information with market context.
This three-level office building was constructed in 2015 and is currently configured with a ground-floor dental practice under a long-term lease. The lower level is available and is described as suitable for a range of uses, including fitness, yoga, and office or professional uses. The second floor is also available in shell condition, with approximately 4,400 square feet.
The property is located on the corner of Freemansburg Avenue and Farmersville Road in Bethlehem Township. A traffic light is proposed for this intersection, though exact construction dates were not provided.
With ground-floor occupancy in place and additional space available on both the lower and second levels, the building offers a straightforward owner-operator or multi-tenant layout based on the existing configuration.
The property is located on the corner of Freemansburg Avenue and Farmersville Road in Bethlehem Township. A traffic light is proposed for this intersection, though exact construction dates were not provided.
With ground-floor occupancy in place and additional space available on both the lower and second levels, the building offers a straightforward owner-operator or multi-tenant layout based on the existing configuration.
Key Highlights
- Built in 2015, three‑level building with ground‑floor dental practice plus second‑floor shell and an available lower level
- Long‑term dental lease in place on the ground floor
- Second floor is shell‑ready with approximately 4,400 SF and is currently available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,230
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,884,600
$2.9M
Cap Rate 7%
$2,060,429
$2.1M
Cap Rate 9%
$1,602,556
$1.6M
Market Conditions
NOI Build-Up for 13,905 SF
Gross rent
$208.6K $15.00/SF
− Vacancy
−$16.3K −$1.17/SF
EGI
$192.3K $13.83/SF
− OpEx
−$48.1K −$3.46/SF
NOI
$144.2K $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%
$2,884,600
Cap Rate 7%
$2,060,429
Cap Rate 9%
$1,602,556
Alternative Uses
Best Use
Office B
$2.06M
$1.80M – $2.40M
NOI $144,230 @ 7.0% cap · market cap 7.21%
Second Best
Healthcare Medical
$1.45M
$1.27M – $1.69M
NOI $101,538 @ 7.0% cap · market cap 5.08%
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $184,614 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 18045, PA
30,317
Population
12,250
Households
2.5
Avg Household Size
46
Median Age
44%
College-Educated
95%
High-School Grad
19.3 sq mi
ZIP Area
1,571
Density / Sq Mi
$109,068
Median Household Income
$57,146
Median Earnings
$1,802
Median Rent
$301,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Built in 2015, the property includes a ground-floor dental practice and a shell-ready second floor plus an available lower level.
Where is this medical office space located?
The property is located at 5250 Freemansburg Ave Easton, PA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Built in 2015, three‑level building with ground‑floor dental practice plus second‑floor shell and an available lower level; Long‑term dental lease in place on the ground floor; Second floor is shell‑ready with approximately 4,400 SF and is currently available
