Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Industrial Dr Easton, PA 18042

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Industrial Dr Easton, PA 18042

    View on Map
    • Commercial real estate
    • 4,000 SF
    • 3.10 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for Industrial Dr

    Year built
    1915
    Lot size
    3.10 lot acres
    Property size
    4,000 SF
    Property type
    Commercial real estate

    Description

    This exceptional 3.1-acre commercial property in Easton, PA, presents a unique investment opportunity. Ideally situated with excellent access to I-78 and Morgan Hill Road, the property boasts high visibility and versatile zoning allowing for a range of industrial and retail uses. The site encompasses multiple tax parcels and includes a renovated circa-1915 farmhouse currently utilized as office space. This building features a complete HVAC/heat pump system and a newer roof, ensuring modern comfort and efficiency. Three-phase electric service is also available. In addition to the office space, the property includes a substantial warehouse building with five truck bays, integrated scales, dedicated loading areas, and ample covered storage. The existing infrastructure is extensive, including a comprehensive camera system, alarm system, and advanced tank monitoring and safety features, all currently operational. This significant property offers substantial potential for repurposing or leveraging the existing building amenities. The 4,000 square foot building footprint provides ample space for a variety of businesses. The property's strategic location and versatile zoning make it an attractive proposition for discerning investors seeking a high-impact commercial investment in a thriving market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.2138
    Latitude
    40.6692

    Comparable in this City

    • Value Estimation by Request

      280 Cedarville Rd

      Land
      280 Cedarville Rd, Easton, PA 18042
      View Details
    • Value Estimation by Request

      1250 Bushkill Dr

      COMMERCIAL CONDOMINUIM
      1250 Bushkill Dr, Easton, PA 18042-1459
      View Details
    • Value Estimation by Request

      145 11th St

      COMMERCIAL CONDOMINUIM
      145 11th St, Easton, PA 18042-4187
      View Details
    • Value Estimation by Request
      6,464 SF

      2061 Fairview Ave

      COMMERCIAL CONDOMINUIM • 6,464 SF
      2061 Fairview Ave, Easton, PA 18042-3953
      View Details
    • Value Estimation
      $870,000
      11,940 SF

      1268 Simon Blvd

      COMMERCIAL CONDOMINUIM • 11,940 SF
      1268 Simon Blvd, Easton, PA 18042
      View Details
    • Value Estimation by Request
      3,084 SF

      199 Cedar Park Blvd

      COMMERCIAL CONDOMINUIM • 3,084 SF
      199 Cedar Park Blvd, Easton, PA 18042-7111
      View Details

    Similar Nearby for Sale

    • $239,900
      0.03 Acres

      Easton Commercial Building Investment

      High-yield, two-unit property near courthouse.
      832 Walnut Ave, Easton, PA 18042
      View Details
    • $1,650,000

      Easton Commercial Building - Prime Location

      Downtown Easton, Multi-Use Property, High Returns
      425 Northampton St, Easton, PA 18042
      View Details
    • $50,000
      0.55 Acres

      Wooded Lot with River Views

      0.55 acre wooded lot with Delaware River views.
      305 Shawnee Ave, Easton, PA 18042
      View Details
    • Contact for pricing
      10,000 SF

      Mixed-Use Property with Commercial Kitchen

      Mixed-use commercial property with income and commercial kitchen in Easton.
      1707 Washington Blvd, Easton, PA 18042
      View Details
    • $40,000
      1.00 Acre

      Land in Williams Township, PA

      One-acre property surrounded by trees in Williams Township, Pennsylvania.
      410 Buttermilk Rd, Williams Twp, PA 18042
      View Details
    • Contact for pricing
      4 SF

      4.75 Acres Near Route 78

      4.75 acres of commercial land near I-78 interchange.
      15 Morgan Hill Rd, Easton, PA 18042
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      94,090 SF

      Easton, PA Commercial Land Opportunity

      2.16-acre Highway Commercial lot, prime location.
      280 Cedarville Rd, Easton, PA 18042
      View Details
    • $600 /Mo
      3,964 SF

      Renovated Office Suites Near Hospital

      Private office suites with shared conference room in Easton, PA.
      1708 Washington Blvd, Easton, PA 18042
      View Details
    • Contact for pricing

      Renovated Bank Executive Offices

      Executive offices in renovated bank with utilities included.
      1733 Washington Blvd, Easton, PA 18042
      View Details
    • $1,500 /Mo
      17,424 SF

      Retail Space in Easton, PA

      800 SF retail space in Piscitello's Home Center.
      2300 Wood Ave, Easton, PA 18042
      View Details
    • $7,350 /Mo

      Williams Twp Commercial Garage Space

      Three-bay garage near I-78 available for rent.
      190 Industrial Dr, Williams Twp, PA 18042
      View Details
    • Contact for pricing
      1,006,880 SF

      Easton Distribution Warehouse For Lease

      Large distribution warehouse with cross-dock configuration available for lease.
      1525 Wood Ave, Easton, PA 18042
      View Details
    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.
    Industrial Dr
    Easton, PA 18042
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!