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    161 Commerce Way Bethlehem, PA 18017-8933
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    Property profile & analytics

    161 Commerce Way, Bethlehem, PA 18017-8933

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    • Commercial real estate
    • 10,450 SF
    • 5.32 lot acres
    Off-Market
    Last Sale Nov 21, 2022
    $2,100,000
    Property ID
    US73-0022385
    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.

    Value Estimations
    $2,095,000
    Show details
    Cap Rate Potential
    5.1%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Essent Corporation / (Bike/Boat/Book/etc) Store / Corporate Office
    • America's Staffing Partner, Inc. / Employment Agency
    • Green Leaf Productions / Film Production / Television Studio

    Property Details for 161 Commerce Way

    Year built
    2016
    Lot size
    5.32 lot acres
    Zone code
    PIBD
    Property type
    Commercial real estate
    APN
    M6 15 22-63 0214
    APU
    M61522630214

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 4, 2023 — Green Leaf Productions INC Abbey Hill Associates LLC Lease —
    Nov 21, 2022 $2,100,000 Abbey Hill Associates LLC Essent Properties LLC Deed $945k · The Fidelity Deposit & Discount Ban
    Oct 12, 2022 — Essent Properties LLC Embassy Holding LLC Correction Deed · related —
    Feb 4, 2016 $425,000 Essent Properties LLC Embassy Holding LLC Grant Deed $1.9M · Embassy Bk
    Jan 10, 2014 $220,990 Kenneth K Abboud Embassy Holding LLC Grant Deed $199k · Embassy Bk/lehigh Vly
    Dec 20, 2010 $2,033 Embassy Holding LLC Sheriff Of Northampton County Trustees Deed · related —
    Feb 20, 2008 — Iam Properties — Grant Deed · related $3.5M · Embassy Bk/lehigh Vly
    Nov 1, 2006 $809,550 Iam Props Polaris Dozen Grant Deed $660k · Embassy Bank
    May 15, 2003 $390,000 Polariz Dozen LP Lehigh Valley Industrial Park Grant Deed $695k · Wachovia Bank NA
    — — Iam Properties — Deed Of Trust · related $125k · Embassy Bk/lehigh Vly
    — — Iam Properties — Deed Of Trust · related $174k · Embassy Bk/lehigh Vly

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,070,000
      ML approach
      $2,120,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,765,000
      6.5%
      $1,630,000
      7%
      $1,510,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,732,000
      Market price range: $433k - $2.19M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,490,000
      Current use
      RETAIL STORES
      $1,755,000
      Change: +18% Conversion: Easy
      MEDICAL BUILDING
      $1,595,000
      Change: +7% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $1,370,000
      Change: -8% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,265,000
      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
    -75.3766
    Latitude
    40.6817
    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
    $23,685
    $0.00
    $324,900
    $324,900
    -
    $0.00
    $649,800
    $649,800
    More about this property
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