Freestanding Office
For Sale
$750,000
Pending
5851 Nor Bath Blvd, Bath, PA 18014
Mostly open commercial layout with private offices, service areas, drive-thru capability, and PC / Planned-Commercial zoning.
Property Size2,559 SF
Lot Size1.50 Acres
Days on Market309
Property Features for 5851 Nor Bath Blvd
General Information
Standard status
Pending
Size
2,559 SF
Lot size
1.50 Acres
Zoning
PC
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$8,347
Amenities
private offices
bathrooms
kitchenette
drive-thru capabilities
Building Details
Buildings
1
Building Size
2,559 SF
Listing Agency:
Coletta Commercial Realty
(267) 254-3743
Listed By:
Nicholas A. D'Egidio
(267) 254-3743
Source:
Exprealty
Added: Oct 28, 2025
Changed: Aug 31
Last Checked: Aug 30 at 9:32PM
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
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$26,543
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$530,860
$530.9K
Cap Rate 7%
$379,186
$379.2K
Cap Rate 9%
$294,922
$294.9K
Market Conditions
NOI Build-Up for 2,559 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $26,543 @ 7.0% cap · market cap 3.54%
Second Best
Healthcare Medical
$266.9K
$233.6K – $311.4K
NOI $18,686 @ 7.0% cap · market cap 2.49%
Theoretical Best
Office A
$485.4K
$424.7K – $566.3K
NOI $33,975 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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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
