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    Three-Level Flex Building Title is generated by Realmo AI

    5250 Freemansburg Avenue, Easton, PA 18045

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    For Lease
    $17 SF/Yr $6,233/Mo (calc)

    COMMERCIAL - Bethlehem Twp, PA

    Type:Office
    Property size:
    4,400 SF
    Lot size:
    1.34 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 8:06 am

    Property Features for 5250 Freemansburg Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Parking
    31
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    N7 14 7B-2 0205
    Lot size
    1.34 Acres

    Taxes and HOA fees

    Tax Annual Amount
    35113

    Utilities

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

    Building Details

    Year built
    2015

    We can help!

    Listing Contact
    Ryan B. McGeehan

    Listing agent Ryan B. McGeehan License #AB068951

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

    Listing date Jun 4, 2026

    MLS# 778361

    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

    • 3‑level building built in 2015 with flexible space available for lease
    • Lower level available for uses such as fitness, yoga, and office/professional uses
    • Second floor in shell condition with +/- 4,400 SF and open elevator access
    • Zoned Medium Density Residential with Neighborhood Enhancement Overlay District; medical, office, and residential permitted
    • Corner location on Freemansburg Avenue and Farmersville Road in Bethlehem Township
    • On‑site parking lot with 31 spaces; utilities include natural gas heat, central air, well water, and public sewer

    Overview

    Built in 2015, this three-level property offers flexible leasing options with space available on the lower level and the second floor. The ground floor is currently occupied by a dental practice. The second floor is available in shell condition with approximately 4,400 SF and provides open elevator access, making it well-suited for tenant buildout. The lower level is positioned to support a variety of uses, including fitness, yoga, and office or professional services.

    The building is located on a corner at Freemansburg Avenue and Farmersville Road in Bethlehem Township. Parking is available on site with 31 spaces. Zoning is Medium Density Residential and Neighborhood Enhancement Overlay District, with medical, office, and residential uses listed as permitted.

    For tenants looking for adaptable space, the lower level can accommodate service-oriented concepts such as fitness, wellness, or professional offices. The second floor’s shell condition and elevator access can support businesses that plan a custom interior layout. This configuration provides multiple options for operators seeking a property that can align with medical and office-permitted uses under the current zoning framework.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wolfe Dental Spa Dental Office

    Suggested Use

    Real Estate Agency Restaurant Law Firm 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.

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.307427
    Latitude
    40.647617

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    FAQs

    What type of property is this?
    Flex space - Three-level flex space for lease with a dental practice on the ground floor and additional space on the lower and second floors.
    Where is this flex space located?
    The property is located at 5250 Freemansburg Avenue Easton, PA.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 3‑level building built in 2015 with flexible space available for lease; Lower level available for uses such as fitness, yoga, and office/professional uses; Second floor in shell condition with +/- 4,400 SF and open elevator access
    (610) 435-1800
    We can help!
    Listing Contact
    Ryan B. McGeehan
    Real Estate License ID: AB068951
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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.

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