Property profile

187 Commerce Way Bethlehem, PA 18017

OFF-MARKET
Industrial properties
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Property ID
US73-0064364
53,011 SF 6.75 ac Built 2000
Last sale Jul 2022·$7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$112k
Tax billed · 2024
Assessed value$1.46M
Assessed land$171k
Assessed improvement$1.28M
Effective rate7.67%

Value estimate

· Nov 2026
$7.50M
$6.75M – $8.25M
AI approach$7.50M
CAP approach$6.07M
Submarket $/SF estimate$6.20M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$52 – $145
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LI
The purpose of this zoning district is to permit and encourage modern light industrial development that is located and designed to be com...
General categoryINDUSTRIAL
JurisdictionNORTHAMPTON

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon12.3
Auto Repair Shop11.5
Storage Facility10.7

Location

187 Commerce Way Bethlehem, PA 18017-8933
County assessor Recorded deeds · 6 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2290 Ave A, Bethlehem, PA 18017-2108 $4,222,500 May 2025 50,575 SF
2980 Ave B, Bethlehem, PA 18017-2112 $14,850,000 Apr 2024 85,680 SF
23 Commerce, Bethlehem, PA 18017-8916 $4,105,000 Oct 2022 34,272 SF
2109 City Line, Bethlehem, PA 18017-2127 $10,100,000 Apr 2022 72,496 SF
2184 Industrial, Bethlehem, PA 18017-2136 $4,337,500 Dec 2021 40,143 SF
2225 Ave A, Bethlehem, PA 18017-2107 $6,940,000 Dec 2021 80,419 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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