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

    1521 Broad St Bethlehem, PA 18018-6417

    • Investment properties
    • 2,499 SF
    • 0.22 lot acres
    OFF-MARKET
    Value Estimations
    $390,000
    Show details
    Cap Rate Potential
    8.1%
    Investment properties
    Location Intelligence
    Property ID
    US73-1081705
    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

    • Floor Covering Concepts, Inc. / Wood Supplier / Flooring Store

    Property Details for 1521 Broad St

    Year built
    1918
    Construction
    FRAME
    Lot size
    0.22 lot acres
    Property size
    2,499 SF
    Zone code
    CL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    641798623138-1
    APU
    6417986231381

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $320,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $405,000
      6.5%
      $375,000
      7%
      $350,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $493,000
      Market price range: $260k - $494k
      AI Estimate
      $343,000
      Market price range: $142k - $344k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $370,000
      Current use
      RETAIL STORES
      $400,000
      Change: +8% Conversion: Easy
      OFFICE BUILDING
      $370,000
      Change: +0% Conversion: Easy
      AUTO REPAIR, GARAGE
      $305,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4041
    Latitude
    40.6223
    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
    $6,844
    $68,300
    $172,700
    $241,000
    -
    $68,300
    $172,700
    $241,000

    Comparable in this City

    • Value Estimation
      $325,000
      5,468 SF

      264 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,468 SF
      264 Broad St, Bethlehem, PA 18018-6278
      View Details
    • Value Estimation
      $565,000
      4,370 SF

      402 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,370 SF
      402 Broad St, Bethlehem, PA 18018-5529
      View Details
    • Value Estimation
      $535,000
      2,785 SF

      146 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,785 SF
      146 Broad St, Bethlehem, PA 18018-3649
      View Details
    • Value Estimation
      $1,395,000
      2,148 SF

      1406 Linden St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,148 SF
      1406 Linden St, Bethlehem, PA 18018-2607
      View Details
    • Value Estimation
      $350,000
      2,760 SF

      727 New St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,760 SF
      727 New St, Bethlehem, PA 18018-3931
      View Details
    • Value Estimation
      $320,000
      3,116 SF

      210 Broad St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,116 SF
      210 Broad St, Bethlehem, PA 18018-6285
      View Details

    Similar Nearby for Sale

    • $650,000
      3,300 SF

      Historic Bethlehem City Commercial Building

      Historic mixed-use building in Bethlehem's Central Business District.
      74 W Market St, Bethlehem, PA 18018
      View Details
    • $999,999
      4,356 SF

      Turnkey Investment Property, Bethlehem City

      Five-unit, fully renovated mixed-use property with high occupancy.
      801 W Broad St, Bethlehem, PA 18018
      View Details
    • $599,900
      4,082 SF

      Bethlehem City Commercial Property

      Unique mixed-use property with development potential in North Bethlehem.
      431 W Union Blvd, Bethlehem, PA 18018
      View Details
    • $599,900
      4,082 SF

      Mixed-Use Property in Bethlehem City

      Unique mixed-use property with commercial space and residential units.
      431 W Union Blvd, Bethlehem, PA 18018
      View Details
    • $427,000
      4,703 SF

      Bethlehem Commercial Building For Sale

      Prime Bethlehem location, 4,703 sq ft, 0.21 acres.
      1343 Easton Ave, Bethlehem, PA 18018
      View Details
    • Contact for pricing
      1,030 SF

      Bethlehem Office Building - Prime Location

      Downtown Bethlehem Office Space, High Traffic
      701 Broad St, Bethlehem, PA 18018
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      120,386 SF

      Bethlehem Class A Office Space

      Downtown Bethlehem office suites, 1,900-30,000 SF.
      74 Broad St, Bethlehem, PA 18018
      View Details
    • $16 SF/Yr
      1,750 SF

      Unique Creative Space Near Downtown

      Commercial space with soundproof features near Bethlehem's Main Street.
      604 W Broad St, Bethlehem, PA 18018
      View Details
    • Contact for pricing
      12,739 SF

      Neighborhood Shopping Center Retail Space

      Retail space in a prominent shopping center with national retailers.
      2178 W Union Blvd, Bethlehem, PA 18018
      View Details
    • $1,200 /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
    • $22 SF/Yr
      152,852 SF

      Bethlehem City Retail Space Available

      Retail space available in Shoppers Village Shopping Center.
      2434 Catasauqua Rd, Bethlehem, PA 18018
      View Details
    • Contact for pricing
      83,512 SF

      Neighborhood Shopping Center For Rent

      Neighborhood shopping center with national retailers and high foot traffic.
      2144-2192 W Union Blvd, 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.
    1521 Broad St
    Bethlehem, PA 18018-6417
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.