Entity Owned Property summary
AI-generated overview
This exceptional investment opportunity presents a historic restaurant located at 1355 Station Ave, Bethlehem, Pennsylvania, 18015. The property, built in 1900, boasts a unique character reflective of its age and location within Lehigh County. Currently zoned R1, the building offers 1 square foot of space, presenting a unique redevelopment or expansion opportunity. The asking price is $900,000. This property is ideal for an entrepreneur seeking a well-situated establishment in a vibrant community. Given its historical significance and prime location, this restaurant space offers significant potential for growth and return on investment. The property's current configuration presents a blank canvas for a creative vision, allowing for customization to suit a variety of culinary concepts. The address, 1355 Station Ave, places the property in a high-traffic area, ensuring excellent visibility and accessibility for potential customers. This is a rare chance to acquire a piece of Bethlehem's rich history and capitalize on the thriving local market. Serious inquiries only. Further details are available upon request. The property is being sold as-is.
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1900
Construction
TYPE NOT SPECIFIED
Total area
3,928 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R-1
APN
643522896152-1
UPID
US73-5926398
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$447k
Blend (final)
Blend
$285k
Owner & transaction history
since 2025
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
R-1 · Bethlehem, PA
Top alternative use upside
Medical building
$840,000
+12.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$285k
Value range
$257k – $314k
±10% around blend
Estimated value / SF
$73 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
80
$257k
blend $285k
$314k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
3,928 SF
Lot area
0.47 ac
Year built
1900
Stories
3
APN
643522896152-1
Zoning
R-1
Assessed value
$298,500
Annual tax
$6,771
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$578k
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.0 mi away · 3,325 SF
8.0 mi away · 3,903 SF
10.3 mi away · 4,739 SF
14.0 mi away · 3,206 SF
16.2 mi away · 3,883 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$285k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 80 sales
$190
-62%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $73/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+13%
vs current-use indication
Restaurant · current use
Retail Stores
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$600k
Move the market yield to see immediate price impact.
Value / SF
$153
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$38k
$756k
$540k
$420k
$42k
$840k
$600k
$467k
$46k
$924k
$660k
$513k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$400k
3.3 mi · Feb 2026 · $81/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$6,771
Tax year 2024
Assessed value
$298,500
Assessed 2024
Previous assessed
$298,500
+0.0% YoY
Effective rate
2.27%
On assessed value
Assessed land
$92,100
Assessed improvement
$206,400
Land market value
$92,100
Improvement market value
$206,400
Total market value
$298,500
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1900
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
1
Rooms
12
Bathrooms
8
Total area
3,928 SF
Lot
0.47 ac (20,473 SF)
Zoning code
R-1
APN
643522896152-1
UPID
US73-5926398
Jurisdiction
LEHIGH
Zoning & alternative use
R-1 · Bethlehem, PAZoning R-1 · permitted uses
R-1 · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1900
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
1
Rooms
12
Bathrooms
8
Lot
0.47 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R-1
Jurisdiction
Bethlehem, PA
Recorded code
R-1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-1 in Bethlehem, PA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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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