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Property profile & analytics
OFF-MARKET Estimated value $5,385,000
Office Spaces

177 Commerce Way Bethlehem, PA 18017-8933

32,423 SF 3.89 ac lot Built 2002
Entity Owned ~ Est. High Equity
Property ID
US73-0397295
Property summary
AI-generated overview

This exceptional 32,500 square foot industrial/office building, situated on a 3.885-acre lot in Northampton County, presents a unique leasing opportunity. Built in 2000 and renovated in 2005, this single-story structure boasts a flexible floor plan ideal for a variety of uses, including flex and R&D operations. Currently a multi-tenant building, there is up to 9,800 square feet immediately available for lease, adaptable to specific tenant needs. The property features a 7,000 square foot warehouse addition constructed during the 2005 renovation, enhancing its functionality and storage capacity. The building is equipped with a robust 1,200 amp/480-277 volt electric service, a wet sprinkler system for safety, and convenient dock and drive-in loading doors. High ceilings (20'+) provide ample vertical space, while ample parking ensures convenient access for employees and clients. The property's zoning is Planned Industrial Business, reflecting its suitability for a range of industrial and commercial activities. Its strategic location within a business park setting offers excellent visibility and accessibility. The property enjoys exceptional proximity to major transportation arteries, including being within 2 miles of Route 191 and Route 512 exits off Route 22, and within 5 miles of the Lehigh Valley International Airport (LVIA). The Pennsylvania/New Jersey state line is only 11 miles away, further enhancing its regional accessibility. This property offers a compelling combination of modern amenities, strategic location, and flexible space, making it an ideal choice for businesses seeking a high-quality industrial or office environment. The APN is 4962-17-9671-1530.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2002
Total area 32,423 SF
Lot 3.89 ac (169,448 SF)
Zoning code PIBD
APN M6 15 23 0214
UPID US73-0397295
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Micro Clean Inc Laboratory
  • Clean Room Filters & Supplies Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.05M
Comparable Approach Comparable
$4.69M
Blend (final) Blend
$5.39M
Owner & transaction history
Agno Pharmaceuticals LLC
Agno Pharmaceuticals LLC
since 2026
Last sale
$5.9M
6 recorded transactions
2026
$5.9M
2024
Price N/A
1999
$344,390
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
PIBD · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $5.5M +17.8%
Medical building $5.0M +7.1%
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