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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Medical Office Space
1020 Broad St Bethlehem, PA 18018-5024
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-2570865
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2008
Total area
5,597 SF
Lot
0.32 ac (13,800 SF)
Zoning code
CL
APN
642718543704-1
UPID
US73-2570865
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Mac Millan & Arraola Associates Dental Office
-
Dr. Ramon T. Arreola, DMD Dental Office
-
Dr. Abigail Brier, DMD Dental Office
-
Dr. Sara E. Iglio, DMD Dental Office
-
Mac Millan & Arraola Associates: Goldfine Jeffrey W DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.73M
Blend (final)
Blend
$1.54M
Owner & transaction history
1020 W Broad Street LLC · 4 yrs held
1020 W Broad Street LLC
since 2022
Last sale
$1.6M
4 recorded transactions
Zoning & alternative use
CL · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,530,000
ML approach
$1,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,200,000
Current use
RESTAURANT
$1,065,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±10% · vs last sale $1.55M (Jun 6 2022)
Last sale anchor
$1.55M
Jun 6 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$274 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$27,048
Tax year 2024
Assessed value
$952,400
Assessed 2024
Previous assessed
$952,400
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$106,300
Assessed improvement
$846,100
Land market value
$106,300
Improvement market value
$846,100
Total market value
$952,400
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2008
Heating
YES
Cooling
YES
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
5,597 SF
Lot
0.32 ac (13,800 SF)
Zoning code
CL
APN
642718543704-1
UPID
US73-2570865
Jurisdiction
LEHIGH
Zoning & alternative use
CL · Bethlehem, PA
Zoning CL · permitted uses
CL · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethlehem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.1M
MEDICAL BUILDING Current
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
7
Bathrooms
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
1020 W Broad Street LLC
Entity
Mailing address
3005 BARRINGTON LN, ALLENTOWN, PA 18103-9280
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2022
$1,550,000
1020 W Broad Street LLC
Arreola Family Limited Partnership
Special Warranty Deed
$1,280,000 · Mid Penn Bank
Aug 15, 2016
—
Arreola Family Limited Partnership
—
Deed
related
$1,005,000 · Lafayette Ambassador Bank
—
—
Arreola Family
—
Deed Of Trust
related
$910,000 · Lafayette Ambassador Bank
—
—
Arreola Family LP
—
Deed Of Trust
related
$554,000 · Lafayette Ambassador Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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