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Property profile & analytics
OFF-MARKET
Estimated value
$745,000
Retail space
1517 Easton Ave Bethlehem, PA 18017-5934
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US73-2533882
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Total area
9,840 SF
Lot
0.48 ac (21,000 SF)
Zoning code
CG
APN
N6SE2D 13 3 0204
UPID
US73-2533882
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
-
Little Caesars Pizza Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$978k
Blend (final)
Blend
$745k
Owner & transaction history
1517 Easton Avenue Ptrs LLC · 15 yrs held
1517 Easton Avenue Ptrs LLC
since 2010
3 recorded transactions
Zoning & alternative use
CG · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$745k
Range $671k – $820k · ±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
$76 / 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
$11,959
Tax year 2024
Assessed value
$135,300
Assessed 2024
Previous assessed
$135,300
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$49,500
Assessed improvement
$85,800
Land market value
$99,000
Improvement market value
$171,600
Total market value
$270,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
9,840 SF
Lot
0.48 ac (21,000 SF)
Zoning code
CG
APN
N6SE2D 13 3 0204
UPID
US73-2533882
Jurisdiction
NORTHAMPTON
Zoning & alternative use
CG · Bethlehem, PA
Zoning CG · permitted uses
CG · 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
1930
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
0.48 ac
Current owner
From public records · entity-resolved
1517 Easton Avenue Ptrs LLC
Entity
Mailing address
205 WEDGEWOOD RD, BETHLEHEM, PA 18017-3781
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2010
$1,733,000
1517 Easton Avenue Ptrs LLC
Veranda Real Estate LP
Grant Deed
$1,384,000 · First Commonwealth FCU
Jan 2, 2007
$725,000
Veranda Real Estate
Albarell,agnes J
Grant Deed
—
Jan 2, 2007
$100,000
Veranda Real Estate
Albarell,michael M & Lynn M
Grant Deed
related
$860,000 · Embassy Bank Lehigh Valley
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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