Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1302 Monocacy St Bethlehem, PA 18018

    • Office Properties & Spaces
    • 5,148 SF
    • 1.93 lot acres
    OFF-MARKET
    Value Estimations
    $735,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2625720
    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

    • Office Properties & Spaces

    Property Details for 1302 Monocacy St

    Year built
    2010
    Lot size
    1.93 lot acres
    Property size
    5,148 SF
    Zone code
    I
    Property type
    Office Properties & Spaces
    APN
    N6SW3B 12 1 0204E
    APU
    N6SW3B1210204E

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $870,000
      6.5%
      $800,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,016,000
      Market price range: $536k - $1.02M
      AI Estimate
      $707,000
      Market price range: $292k - $708k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $765,000
      Current use
      RETAIL STORES
      $825,000
      Change: +8% Conversion: Easy
      MEDICAL BUILDING
      $785,000
      Change: +3% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $705,000
      Change: -8% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $625,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.3824
    Latitude
    40.6317
    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
    $39,546
    $95,300
    $352,100
    $447,400
    -
    $190,600
    $704,200
    $894,800

    Comparable in this City

    • Value Estimation
      $775,000
      6,534 SF

      512 New St

      OFFICE (GENERAL) • 6,534 SF
      512 New St, Bethlehem, PA 18018-5707
      View Details
    • Value Estimation by Request
      3,480 SF

      24 Broad St

      OFFICE (GENERAL) • 3,480 SF
      24 Broad St, Bethlehem, PA 18018-5918
      View Details
    • Value Estimation
      $1,140,000
      13,080 SF

      531 Main St

      OFFICE (GENERAL) • 13,080 SF
      531 Main St, Bethlehem, PA 18018-5837
      View Details
    • Value Estimation
      $505,000
      4,051 SF

      38 Market St

      OFFICE (GENERAL) • 4,051 SF
      38 Market St, Bethlehem, PA 18018-5703
      View Details
    • Value Estimation
      $545,000
      4,836 SF

      70 Broad St

      OFFICE (GENERAL) • 4,836 SF
      70 Broad St, Bethlehem, PA 18018-5916
      View Details
    • Value Estimation by Request
      1,320 SF

      427 Pembroke Rd

      OFFICE (GENERAL) • 1,320 SF
      427 Pembroke Rd, Bethlehem, PA 18018-3145
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      8,900 SF

      Downtown Bethlehem Office Building

      8,900 SF Mixed-Use Building For Sale
      574 Main St, Bethlehem, PA 18018
      View Details
    • $549,000
      5,850 SF

      Bethlehem Mixed-Use Commercial Opportunity

      Commercial property with apartments on West Broad Street, Bethlehem.
      1102 W Broad St, Bethlehem, PA 18018
      View Details
    • $1,600,000
      17,255 SF

      Versatile Bethlehem Property For Sale

      Well-maintained property suitable for office, retail, or light manufacturing.
      826 Monocacy St, Bethlehem, PA 18018
      View Details
    • $1,625,000
      12,000 SF

      Downtown Bethlehem Office Building

      Professional and medical office building in downtown Bethlehem.
      940 N New St, Bethlehem, PA 18018
      View Details
    • Contact for pricing
      8,397 SF

      Medical Office Building For Sale

      8,397 sq ft medical office building with lease in place.
      1020 W Broad St, Bethlehem, PA 18018
      View Details
    • $999,900
      6,228 SF

      Versatile Multi-Level Commercial Property

      Multi-level commercial property with flexible zoning and approved variance.
      1512 W Broad St, Bethlehem, PA 18018
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,900 SF

      Downtown Bethlehem Office Space

      Move-in ready office suite; prime location.
      574 Main St, Bethlehem, PA 18018
      View Details
    • $16 SF/Yr
      5,271 SF

      Unique Commercial Space Near Downtown

      Versatile commercial space with soundproof features near Bethlehem's Main.
      606 W Broad St, Bethlehem, PA 18018
      View Details
    • $800 /Mo
      3,223 SF

      Prime Historic District Commercial Space

      Commercial space in the heart of North Bethlehem's Historic District.
      81 Fl, Bethlehem, PA 18018
      View Details
    • $2,650 /Mo

      Modern Office Space, Bethlehem City

      Renovated office space in downtown Bethlehem with flexible floor plans.
      60 W Broad St, Bethlehem, PA 18018
      View Details
    • $18 SF/Yr
      16,640 SF

      Bethlehem City Office Suite

      First floor office suite with multiple offices and private bathroom.
      701 W Broad St, Bethlehem, PA 18018
      View Details
    • $2,900 /Mo

      Renovated Office Space in Bethlehem

      Modern office space in downtown Bethlehem with flexible floor plans.
      60 W Broad St, Bethlehem, PA 18018
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1302 Monocacy St
    Bethlehem, PA 18018
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.