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    178 Nazareth Pike Bethlehem, PA 18020
    Property profile & analytics

    178 Nazareth Pike Bethlehem, PA 18020

    View on Map
    • Retail space
    • 7,467 SF
    • 3.75 lot acres
    For Lease
    $3,000/Mo
    View Listing →
    Commercial Property with High Visibility For Lease
    $3,000/Mo

    Commercial Property with High Visibility

    Well-maintained commercial property with flexibility and strong exposure.

    Bethlehem, PA 18020
    View Listing
    Property ID
    US73-3335243
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Stofanak Custom Cabinetry / General Contractor / Renovation Specialist

    Property Details for 178 Nazareth Pike

    Year built
    1963
    Lot size
    3.75 lot acres
    Property size
    7,467 SF
    Zone code
    PIC
    Property type
    Retail space
    APN
    L7 8 6 0418
    APU
    L7860418

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $965,000
      6.5%
      $890,000
      7%
      $825,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $943,000
      Market price range: $353k - $1.16M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,195,000
      Current use
      COMMERCIAL (GENERAL)
      $1,175,000
      Change: -2% Conversion: Easy
      MEDICAL BUILDING
      $1,140,000
      Change: -5% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $980,000
      Change: -18% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.3368
    Latitude
    40.6877
    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
    $24,180
    $97,400
    $234,700
    $332,100
    -
    $194,800
    $469,400
    $664,200

    Comparable in this City

    • Value Estimation by Request
      4,626 SF

      391 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 4,626 SF
      391 Nazareth Pike, Bethlehem, PA 18020-9601
      View Details
    • Value Estimation
      $675,000
      5,574 SF

      4078 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 5,574 SF
      4078 Nazareth Pike, Bethlehem, PA 18020-9486
      View Details
    • Value Estimation
      $1,140,000
      14,400 SF

      Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 14,400 SF
      Nazareth Pike, Bethlehem, PA 18020
      View Details
    • Value Estimation by Request
      320 SF

      265 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 320 SF
      265 Nazareth Pike, Bethlehem, PA 18020-9646
      View Details
    • Value Estimation
      $525,000
      7,080 SF

      4079 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 7,080 SF
      4079 Nazareth Pike, Bethlehem, PA 18020-9423
      View Details
    • Value Estimation
      $1,485,000
      12,496 SF

      3608 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 12,496 SF
      3608 Nazareth Pike, Bethlehem, PA 18020-1136
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Bethlehem Retail Center For Sale

      166,937 SF retail center in a dense residential area.
      2920 Easton Ave, Bethlehem, PA 18020
      View Details
    • $2,250,000
      14,016 SF

      Retail Property on 3.1 Acres

      Retail property with three structures totaling approximately 14,016 square feet.
      4186 Easton Ave, Bethlehem, PA 18020
      View Details
    • Contact for pricing
      14,010 SF

      Retail Property with Barn Structures

      3.1 acre property with retail and storage buildings.
      4186 Easton Ave, Bethlehem, PA 18020
      View Details
    • $2,250,000

      Retail Property with Barn Structures

      3.1 acre retail property featuring multiple barn structures.
      4186 Easton Ave, Bethlehem, PA 18020
      View Details
    • Contact for pricing

      Approved Land with Development Potential

      1.4 acres approved for a 12,000 SF building.
      4317 Easton Ave, Bethlehem, PA 18020
      View Details
    • Contact for pricing

      Prime Commercial Land For Sale

      Thriving Bethlehem Township commercial land with owner financing.
      4006 Easton Ave, Bethlehem, PA 18020
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,610 SF

      Bethlehem Retail Space For Rent

      Retail space available in Bethlehem's core shopping destination.
      3926 Linden St, Bethlehem, PA 18020
      View Details
    • $12 SF/Yr
      10,000 SF

      Bethlehem Plaza Retail Opportunities

      Retail spaces available in well-positioned Bethlehem Plaza shopping center.
      3811-3843 Nazareth Pike, Bethlehem, PA 18020
      View Details
    • $25 SF/Yr

      Bethlehem City Retail Space Available

      Retail spaces available in Bethlehem City, PA, high traffic location.
      1740 Stefko Blvd, Bethlehem, PA 18020
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available, approximately 3,920 square feet.
      3201 Emrick Blvd, Bethlehem, PA 18020
      View Details
    • $24 SF/Yr

      Bethlehem City Retail Space Available

      Retail spaces available in Bethlehem City, PA.
      1740 Stefko Blvd, Bethlehem, PA 18020
      View Details
    • $3,000 /Mo

      Commercial Property with High Visibility

      Well-maintained commercial property with flexibility and strong exposure.
      178 Nazareth Pike, Bethlehem, PA 18020
      View Details
    View Listing
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    Bethlehem, PA 18020
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    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
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