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    1720 Spillman Dr Bethlehem, PA 18015-2164

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    1720 Spillman Dr Bethlehem, PA 18015-2164


    • Office properties & Spaces
    • 41,246 SF
    • 3.99 lot acres
    Off-Market
    Property ID
    US73-2785733
    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
    $5,580,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • HDR / Engineering Consultant / Architecture Firm
    • TPD / Engineering Consultant / Transportation Service
    • FamilyWize / Wellness Program / Health Consultant
    • Spillman Farmer Architects / Architect

    Property Details for 1720 Spillman Dr

    Year built
    2009
    Lot size
    3.99 lot acres
    Property size
    41,246 SF
    Zone code
    HI
    Property type
    Office properties & Spaces
    APN
    P7 6 6H-10 0204
    APU
    P766H100204

    Description

    This exceptional 2,902 square foot creative office suite is situated on the second floor of a LEED Gold Certified Class A office building in South Bethlehem, Pennsylvania. Built in 2009, the building boasts a total of 41,246 square feet across two stories, offering a spacious and modern workspace. The suite itself features an open and airy layout, enhanced by floor-to-ceiling windows that flood the space with natural light. Convenient amenities are included within the suite, such as a dedicated break room and a well-equipped IT/electrical room. The property sits on a 4.36-acre lot (173,804 square feet) and is zoned HI. With 150 total parking spaces available, ample parking is guaranteed for employees and visitors. This single-tenant occupancy building is located in a highly desirable area of South Bethlehem, offering easy access to a variety of nearby amenities and convenient highway access for seamless commuting. The property's prime location and modern features make it an ideal space for businesses seeking a productive and inspiring work environment. The building's impressive LEED Gold certification underscores its commitment to sustainability and energy efficiency. This is a rare opportunity to secure a high-quality office space in a thriving Bethlehem location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $6,960,000
      6.5%
      $6,425,000
      7%
      $5,965,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,455,000
      Market price range: $2.86M - $5.46M
      AI Estimate
      $4,863,000
      Market price range: $1.95M - $4.86M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,900,000
      Current use
      RETAIL STORES
      $6,605,000
      Change: +69% Conversion: Easy
      MEDICAL BUILDING
      $6,300,000
      Change: +62% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $5,185,000
      Change: +33% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $5,000,000
      Change: +28% Conversion: Difficult
      RESTAURANT
      $4,620,000
      Change: +18% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $4,000,000
      Change: +3% Conversion: Moderate

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


    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.3469
    Latitude
    40.6128
    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
    $156,618
    $59,900
    $1,712,000
    $1,771,900
    -
    $119,800
    $3,424,000
    $3,543,800
    More about this property
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