Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Restored Office Space For Rent Title is generated by Realmo AI

    4013 William Penn Hwy, Easton, PA 18045

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Office space available in historic commercial complex with ample parking.

    Type:Office
    Property size:
    1,425 SF
    Added:
    Feb 3, 2023
    Days on Market:
    1215
    Last Refresh:
    May 12 at 11:39 pm

    Property Features for 4013 William Penn Hwy

    General Information

    Standard status
    Active
    Size
    1,425 SF
    Property subtype
    Office

    Building Details

    Year Built
    1990

    Spaces For Lease

    at 4013 William Penn Hwy Contact us

    $10/Mo

    Size
    1,425 SF
    Type
    Office
    Contact us

    We can help!

    Listing Contact
    Ayon A Codner

    Listing agent Ayon A Codner License #RS324477

    Listing office KW Keller Williams Real Estate

    Listing date Feb 3, 2023

    Source Crexi

    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 KW Keller Williams Real Estate

    HighLights

    • Convenient access to Route 33, I‑78, and Route 22.
    • Ample parking available for 150 vehicles.
    • Located on heavily traveled William Penn Highway.
    • +/- 1,425 SF office space with six small offices.
    • Part of a commercial complex restored from historic farm buildings.
    • Three‑phase electricity.

    Overview

    This +/- 1,425 square foot office space is located within a commercial complex restored from historic farm buildings. The office, situated on the second level, features six small offices, common area restrooms, and three-phase electricity. The plaza provides ample parking for 150 vehicles. Pylon signage is available. The property is located on heavily traveled William Penn Highway in Palmer Township (Easton), PA, offering convenient access to Route 33, I-78, and Route 22. Potential uses for the space include a telemarketing company, spa, yoga studio, or recruitment office.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Easton
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.269655
    Latitude
    40.670879

    Nearby Similar for Lease

    • $3,750/Mo
      5,766 SF

      Easton Restaurant Space Available

      Restaurant space in growing Easton, near Lafayette College and Route 22.
      701 Northampton Street, Easton, PA 18042
      View Details
    • $1,750/Mo
      2,165 SF

      Easton Commercial Flex Space Available

      Two free-span buildings ideal for service-based or light commercial uses.
      1211 Washington Street, Easton, PA 18042
      View Details
    • $1,500/Mo
      800 SF

      Retail Space in Easton, PA

      800 SF retail space in Piscitello's Home Center.
      2300 Wood Avenue, Easton, PA 18042
      View Details
    • $1,150/Mo
      1,220 SF

      Retail Spaces in West Easton

      Two retail spaces available for lease in West Easton.
      704 East Street, Easton, PA 18042
      View Details
    • $1,400/Mo

      Easton Commercial Space For Rent

      First floor commercial/office space in great location near college.
      327 Cattell Street, Easton, PA 18042
      View Details
    • $1,400/Mo

      Easton Restaurant Space Available

      Restaurant space for rent in Easton, Pennsylvania.
      1213 Washington Street, Easton, PA 18042
      View Details
    • $1,200/Mo
      4,000 SF

      Remodeled Office Space in Easton

      Updated office building with flexible lease options and ample parking.
      2857 Nazareth Road, Easton, PA 18045
      View Details
    • $850/Mo

      Commercial Studio Unit with Garages

      Commercial studio unit with two garages in downtown Easton.
      803 W walnut, Easton, PA 18042
      View Details
    • $575/Mo

      Renovated Bank Executive Offices

      Executive offices in renovated bank with utilities included and common areas.
      1733 Washington Boulevard, Easton, PA 18042
      View Details
    • $4,200/Mo
      2,200 SF

      Move-In Ready Office Space

      2,200 SF office space with private entrance and parking.
      2906 William Penn Highway, Easton, PA 18045
      View Details
    • $600/Mo

      Renovated Office Suites Near Hospital

      Private office suites with shared conference room in Easton, PA.
      1708 Washington Boulevard, Easton, PA 18042
      View Details
    • $700/Mo
      160 SF

      Professional Office Spaces Available

      Commercial office spaces for rent with shared amenities.
      601 Stones Crossing Rd, Easton, PA 18045
      View Details

    FAQs

    What type of property is this?
    Office units - Office space available in historic commercial complex with ample parking.
    Where is this office units located?
    The property is located at 4013 William Penn Hwy Easton, PA.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Convenient access to Route 33, I‑78, and Route 22.; Ample parking available for 150 vehicles.; Located on heavily traveled William Penn Highway.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Ayon A Codner
    Real Estate License ID: RS324477
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4013 William Penn Hwy, Easton, PA 18045
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!