Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1745 Macada Rd Bethlehem, PA 18017-3575
    Back to Search
    Property profile & analytics

    1745 Macada Rd, Bethlehem, PA 18017-3575

    View on Map
    • Assisted living facilities
    • 94,998 SF
    • 9.36 lot acres
    Off-Market
    Property ID
    US73-2886474
    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
    $1,915,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Atria Bethlehem / Nursing Home / Retirement Community

    Property Details for 1745 Macada Rd

    Year built
    1998
    Lot size
    9.36 lot acres
    Zone code
    1
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    N5 2 1 0214
    APU
    N5210214

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 26, 2023 — Vtr Bethlehem LLC — Deed · related $15.3M · Grandbridge Real Estate Capital LLC
    — — A2002 Senior LLC — Deed Of Trust · related $19.6M · Red Mortgage Capital INC
    — — A2002 Senior LLC — Deed Of Trust · related $12.4M · Red Mortgage Capital INC

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $3,045,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.406
    Latitude
    40.6503
    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
    $219,691
    $174,000
    $2,839,600
    $3,013,600
    -
    $348,000
    $5,679,200
    $6,027,200

    Comparable in this City

    • Value Estimation
      $10,540,000
      62,618 SF

      2021 Westgate Dr

      HOMES (RETIRED, NURSING)
      2021 Westgate Dr, Bethlehem, PA 18017-7412
      View Details
    • Value Estimation
      $4,215,000
      119,618 SF

      2365 Madison Ave

      HOMES (RETIRED, NURSING)
      2365 Madison Ave, Bethlehem, PA 18017
      View Details
    • Value Estimation
      $2,395,000
      62,433 SF

      2855 Schoenersville Rd

      HOMES (RETIRED, NURSING)
      2855 Schoenersville Rd, Bethlehem, PA 18017-7306
      View Details
    • Value Estimation
      $2,375,000
      124,855 SF

      3500 Fairview St

      HOMES (RETIRED, NURSING)
      3500 Fairview St, Bethlehem, PA 18017-8978
      View Details
    • Value Estimation
      $4,005,000
      144,692 SF

      2085 Westgate Dr

      HOMES (RETIRED, NURSING)
      2085 Westgate Dr, Bethlehem, PA 18017-7412
      View Details
    • Value Estimation
      $10,560,000
      61,678 SF

      2029 Westgate Dr

      HOMES (RETIRED, NURSING)
      2029 Westgate Dr, Bethlehem, PA 18017-7412
      View Details

    Similar Nearby for Sale

    • $159,000
      2,513 SF

      Established Spa Business Opportunity

      Turnkey spa business for sale with excellent reputation.
      2980 Linden St, Bethlehem, PA 18017
      View Details
    • $159,000
      2,513 SF

      Established Spa Business Opportunity

      Turnkey spa business for sale with excellent reputation.
      2980 Linden St, Bethlehem, PA 18017
      View Details
    • $2,900,000
      14.00 Acres

      Prime Commercial Land Opportunity

      14 acres of flat land ready for commercial development.
      6500 Hanoverville Rd, Bethlehem, PA 18017
      View Details
    • $549,900
      1,453 SF

      Bethlehem City Two-Unit Rancher

      Fully rented, stabilized two-unit rancher in North Bethlehem.
      552 Washington Ave, Bethlehem, PA 18017
      View Details
    • Contact for pricing

      Class A Office Building Suites

      Two-story office building with modern renovations and tenant improvement bonus.
      5325 Northgate Dr, Bethlehem, PA 18017
      View Details
    • Contact for pricing
      6,127 SF

      Class A Flex Building

      Single-story flex building in business park with easy highway access.
      90 S Commerce Way, Bethlehem, PA 18017
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
      1,836 SF

      Versatile Commercial Space For Rent

      Adaptable commercial space in high-traffic location suitable for various businesses.
      1521 Stefko Blvd, Bethlehem, PA 18017
      View Details
    • $1,800 /Mo

      Versatile Commercial Space in Bethlehem

      Adaptable commercial unit with high visibility and flexible space.
      1521 Stefko Blvd, Bethlehem, PA 18017
      View Details
    • $15 SF/Yr
      43,770 SF

      Multi-Tenant Office Building For Rent

      Multi-tenant office building with modern features and ample parking.
      1495 Valley Center Pkwy, Bethlehem, PA 18017
      View Details
    • $12 SF/Yr
      48,208 SF

      Flex Space with Office Areas

      Flex space featuring high ceilings, office areas, and conference rooms.
      1510 Valley Center Pkwy, Bethlehem, PA 18017
      View Details
    • $15 SF/Yr
      27,508 SF

      Professional Office Space Available

      Multi-tenant office building with high-end finishes and ample parking.
      1660 Valley Center Pkwy, Bethlehem, PA 18017
      View Details
    • $15 SF/Yr
      43,770 SF

      Multi-Tenant Office Building For Rent

      Multi-tenant office building with modern amenities and ample parking.
      1495 Valley Center Pkwy, Bethlehem, PA 18017
      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.
    1745 Macada Rd
    Bethlehem, PA 18017-3575
    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

    Thank You for Inquiry
    1745 Macada Rd, Bethlehem, PA, 18017
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!