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Property profile & analytics

57 Commerce Way Bethlehem, PA 18017

  • Office Properties & Spaces
  • 78,100 SF
  • 6.90 lot acres
Value Estimation
$9,770,000
Last Sale
Jan 10, 2024
$9,544,444
Location Intelligence
Property ID
US73-1045516
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lifton Home Elevators / Elevator Manufacturer
  • Liven Up Fitness / Personal Trainer / Gym
  • Bat-Caddy / Corporate Office
  • Bronkhorst USA LLC / Industrial Equipment Supplier
  • Advanced Comfort Solutions Llc / Air Conditioning Contractor

Property Details for 57 Commerce Way

Year built
1989
Lot size
6.90 lot acres
Property size
78,100 SF
Zone code
PIBD
Property type
Office Properties & Spaces
APN
M6 15 37 0214
APU
M615370214

Description

This exceptional 76,400-square-foot, single-story office and flex space building in Bethlehem, PA, presents a unique investment opportunity. Located at 57 S. Commerce Way, this Class B property boasts a prime location, offering easy access to major transportation arteries including Route 22, Route 33, I-78, and the Pennsylvania Turnpike (I-476). Built in 1989, the building sits on 6.9 acres and features a 30-foot ceiling height, ideal for various business needs. The property includes 215 parking spaces and is zoned PIBD (Planned Industrial/Business District). Multiple tenant spaces are available, ranging from 3,268 square feet to 22,800 square feet. Suite 120 (6,016 SF) offers one dock door, one drive-in door, and 2,500 SF of office space. Suite 180 (3,268 SF) includes one dock door and 700 SF of office space. Suite 240 (22,800 SF) features three dock doors, one drive-in door, and 1,500 SF of office space, with the warehouse area fully climate-controlled. This strategic location provides convenient access to a significant portion of the U.S. population, making it an attractive option for businesses seeking efficient operations and a strong logistical advantage. The property's multi-tenant configuration offers flexibility for various business sizes and needs.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $9,545,000
  • CAP approach

    CAP return
    Estimation
    6%
    $10,080,000
    6.5%
    $9,575,000
    7%
    $8,580,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $9,450,000
    Geo Method
    $10,305,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $9,555,000
    Retail
    $10,595,000
    Mixed-Use
    $11,260,000
    Hospitality
    $10,000,000
    Educational
    $11,625,000
    Residential Income
    $9,935,000
    Energy
    $12,055,000
    Income-Based Land
    $10,850,000
    Food Service
    $11,950,000

Location Insight

  • Map
  • Local Demand
City
Bethlehem
County
Northampton
State
Pennsylvania
Longitude
-75.3796
Latitude
40.672
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$116,276
$241,500
$1,353,500
$1,595,000
-
$483,000
$2,707,000
$3,190,000
More about this property
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