1525 Valley Center Pkwy, Bethlehem, PA 18017
- Office Spaces
- 71,491 SF
- 8.61 lot acres
Current Use by Public Records
- Daniel Bucchin - Ameriprise Financial Services, LLC / Financial Advisor
- Service Access & Management, Inc. / Social Service Agency / Charitable Organization
- Camera, Hamilton & Associates - Ameriprise Financial Services, LLC / Financial Advisor
- Concannon Miller / Accounting Firm
- Mariner / Financial Advisor
Property Details for 1525 Valley Center Pkwy
- Year built
- 1999
- Lot size
- 8.61 lot acres
- Zone code
- PORR
- Property type
- Office Spaces
- APN
- N5 1 11 0214
- APU
- N51110214
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 8, 2024 | — | 1455 Valley Center Pky LP | — | Deed · related | $12.3M · Argentic Real Estate Finance 2 LLC |
| May 20, 2011 | — | 1495 Valley Center Pky LP | — | Deed Of Trust · related | $18.9M · Morgan Stanley Mtg Cap Holding |
| May 17, 2011 | $8,679,160 | 1525 Valley Center Pky LP | Liberty Property LP | Grant Deed | — |
| — | — | 1525 Valley Center Pky LP | — | Deed Of Trust · related | $123.7M · Ladder Capital Finance LLC |
Description
This three-story, 75,000 square foot multi-tenant office building, located at 1525 Valley Center Parkway in Bethlehem, Pennsylvania, presents a unique opportunity for businesses seeking flexible and modern workspace. Built in 1999 and situated on 8.61 acres, the property features a striking brick and glass facade and is zoned PORR (Planned Office/Research Park). The building boasts an elegant main lobby, outdoor patio, employee gathering areas, and ample parking. Advanced technology infrastructure is available, including fiber and T-1 up to DS3 capabilities. Currently, three move-in ready suites are available, ranging from 2,806 to 15,262 square feet, with lease rates of $15.00-$15.50 per square foot, NNN. Suite 180 (2,806 sq ft) offers six private offices, a lobby, conference room, and breakroom. Suite 200 (6,738 sq ft) features a private office, open area, conference room, large breakroom, modern kitchen, and a small outdoor patio. Suite 210 (15,262 sq ft) is divisible and offers an open office area, private office, conference and training rooms, large breakrooms, and a small outdoor patio. The total building has 24,806 square feet of vacant space. Northampton County location provides easy access to major transportation routes.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $12,065,000
- 6.5%
- $11,135,000
- 7%
- $10,340,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $6,077,000
Market price range: $1.66M - $8.29M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $10,195,000 Current use
- RETAIL STORES
- $12,015,000 Change: +18% Conversion: Easy
- MEDICAL BUILDING
- $10,915,000 Change: +7% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $9,370,000 Change: -8% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $8,665,000 Change: -15% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.4067
- Latitude
- 40.6529
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
