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Property profile & analytics
OFF-MARKET
Estimated value
$1,215,000
Hotels
120 3rd St Bethlehem, PA 18015-1202
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-2376312
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1993
Total area
69,433 SF
Lot
2.45 ac (106,591 SF)
Zoning code
CB
APN
P6SE1A 8 1 0204
UPID
US73-2376312
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
-
Hill to Hill Grille Bar & Pub Restaurant
-
Comfort Suites Bethlehem Near Lehigh University and LVI Airport Hotel & Motel
-
Echo Homes General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$1.22M
Owner & transaction history
Best Suites Hospitality LLC · 13 yrs held
Best Suites Hospitality LLC
since 2013
4 recorded transactions
Zoning & alternative use
CB · 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
by Request
ML approach
$850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,450,000
Current use
Blend value · Realmo final
$1.22M
Range $1.09M – $1.34M · ±10%
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
$17 / 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
$158,183
Tax year 2024
Assessed value
$1,789,600
Assessed 2024
Previous assessed
$1,789,600
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$357,100
Assessed improvement
$1,432,500
Land market value
$714,200
Improvement market value
$2,865,000
Total market value
$3,579,200
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
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1993
Heating
YES
Cooling
CENTRAL
Stories
1
Units
124
Rooms
1
Total area
69,433 SF
Lot
2.45 ac (106,591 SF)
Zoning code
CB
APN
P6SE1A 8 1 0204
UPID
US73-2376312
Jurisdiction
NORTHAMPTON
Zoning & alternative use
CB · Bethlehem, PA
Zoning CB · permitted uses
CB · 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
HOTEL/MOTEL Current
Est. value
$1.5M
HOTEL/MOTEL Current
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
1993
Heating
YES
Cooling
Yes
Stories
1
Units
124
Rooms
1
Lot
2.45 ac
Current owner
From public records · entity-resolved
Best Suites Hospitality LLC
Entity
Mailing address
120 W 3RD ST, BETHLEHEM, PA 18015-1202
Ownership since
2013
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
Aug 11, 2023
—
Best Suites Hospitality LLC
—
Deed
related
$3,600,000 · Community Bank NA
Oct 10, 2017
—
Best Suites Hospitality LLC
—
Deed
related
$4,300,000 · Branch Bk&tr
Jan 28, 2013
$2,500,000
Best Suites Hospitality LLC
South Side Bethlehem Hotel Ass
Grant Deed
$4,500,000 · Third Federal Bank
—
—
Best Suites Hospitality LLC
—
Deed Of Trust
related
$4,300,000 · Branch Bk&tr
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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