Building Details

Buildings 1

Building Size 2,559 SF

Listing Agency: Coletta Commercial Realty j**@colettacommercial.com Show Phone

Listed By: Nicholas A. D'Egidio Show Phone

Source: Exprealty

Added: Jul 25 Changed: Oct 16 Last Checked: Oct 16 at 3:12PM

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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 Coletta Commercial Realty

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Investment Insights

Based on property information with market context.

This freestanding office property contains 2,559 SF on 1.5 AC, with a mostly open interior arranged around 4 private offices, 3 bathrooms, and a kitchenette. The site includes drive-thru capability, with a possible conversion to an enclosed garage or open patio concept. Parking accommodates 20+ vehicles, and the property may support a commercial multi-unit conversion.

Positioned near the intersection of Airport Rd. and Rt. 329, the property is a short distance from LVIA, Rt. 22, 33, I-78, and the PA-Turnpike. PC / Planned-Commercial zoning is in place. Potential applications identified for the property include personal and professional services, laboratories, healthcare, medical uses, and dispensary uses with approvals.

Key Highlights

• 2,559 SF office property situated on 1.5 AC
• 4 private offices, 3 bathrooms, kitchenette, and mostly open floor plan
• Drive‑thru capability with potential garage enclosure or open patio conversion

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,543

Cap Rate

3.54%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$530,860 $530.9K

Cap Rate 7%

$379,186 $379.2K

Cap Rate 9%

$294,922 $294.9K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,559 SF

Gross rent

$38.4K $15.00/SF

− Vacancy

−$3.0K −$1.17/SF

EGI

$35.4K $13.83/SF

− OpEx

−$8.8K −$3.46/SF

NOI

$26.5K $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%

$530,860

Cap Rate 7%

$379,186

Cap Rate 9%

$294,922

Alternative Uses

Best Use

Office B

$379.2K

$331.8K – $442.4K (±1% cap)

NOI $26,543 @ 7.0% cap · market cap 3.54%

Second Best

Healthcare Medical

$266.9K

$233.6K – $311.4K (±1% cap)

NOI $18,686 @ 7.0% cap · market cap 2.49%

Theoretical Best

Office A

$485.4K

$424.7K – $566.3K (±1% cap)

NOI $33,975 @ 7.0% cap · market cap 4.53%

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

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply Auto Repair Shop Electrical Service Garden Center Storage Facility HVAC Service

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

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

69

Businesses Nearby

Explore this area Business Placement

Demographics for 18014, PA

11,560

Population

4,822

Households

2.4

Avg Household Size

48

Median Age

25%

College-Educated

91%

High-School Grad

32.7 sq mi

ZIP Area

354

Density / Sq Mi

$75,762

Median Household Income

$44,167

Median Earnings

$1,126

Median Rent

$277,700

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?

Office building - Mostly open commercial layout with private offices, service areas, drive-thru capability, and PC / Planned-Commercial zoning.

Where is this office building located?

The property is located at 5851 Nor Bath Blvd Bath, PA.

What is the asking price?

The asking price for this property is $750,000.

What are key features of this property?

This property features: 2,559 SF office property situated on 1.5 AC; 4 private offices, 3 bathrooms, kitchenette, and mostly open floor plan; Drive‑thru capability with potential garage enclosure or open patio conversion