New search
Property profile & analytics
OFF-MARKET
Estimated value
$6,535,000
Industrial properties
126 Commerce Way, Bethlehem, PA 18017-8614
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1572290
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1997
Total area
112,726 SF
Lot
12.98 ac (565,409 SF)
Zoning code
PIBD
APN
M6 15 48 0214
UPID
US73-1572290
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
-
FedEx Ship Center Shipping Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.54M
Owner & transaction history
Triple Net Investments III LP · 9 yrs held
Triple Net Investments III LP
since 2017
2 recorded transactions
Zoning & alternative use
PIBD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$58 / 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
$163,318
Tax year 2024
Assessed value
$2,240,300
Assessed 2024
Previous assessed
$2,240,300
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$454,300
Assessed improvement
$1,786,000
Land market value
$908,600
Improvement market value
$3,572,000
Total market value
$4,480,600
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1997
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
112,726 SF
Lot
12.98 ac (565,409 SF)
Zoning code
PIBD
APN
M6 15 48 0214
UPID
US73-1572290
Jurisdiction
NORTHAMPTON
Zoning & alternative use
PIBD · Bethlehem, PA
Zoning PIBD · permitted uses
PIBD · 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.
Building & site characteristics
From public records
Year built
1997
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
12.98 ac
Current owner
From public records · entity-resolved
Triple Net Investments III LP
Entity
Mailing address
3630 HACKS CROSS RDC, MEMPHIS, TN 38125-8800
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2017
—
Triple Net Investments III LP
—
Deed
related
$5,000,000 · Provident Bk
—
—
Triple Net Investments III LP
—
Deed Of Trust
related
$5,000,000 · Provident Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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