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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Warehouses
1801 Broadway Bethlehem, PA 18015-3818
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US73-5990086
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1950
Total area
6,072 SF
Lot
0.88 ac (38,507 SF)
Zoning code
C2
APN
641678725898-1
UPID
US73-5990086
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
-
The Granite Guy, LLC Building Supply Hardware & Home Improvement
-
1801 Auto Exchange Car Dealership
-
ProWheels Bethlehem Auto Parts Store
-
The Granite Guy Hardware & Home Improvement Interior Design
-
Adonis Auto Repair Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$639k
Blend (final)
Blend
$550k
Owner & transaction history
Victor A Cosme · 22 yrs held
Victor A Cosme
since 2004
2 recorded transactions
Zoning & alternative use
C2 · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$905,000
+55.8%
Apartment house (5+ units)
$765,000
+31.7%
Auto repair, garage
$735,000
+27.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Bethlehem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bethlehem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$580,000
Current use
OFFICE BUILDING
$905,000
Change: +56% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$765,000
Change: +32% · Conversion: Difficult
AUTO REPAIR, GARAGE
$735,000
Change: +27% · Conversion: Easy
INDUSTRIAL (GENERAL)
$590,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$91 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$8,214
Tax year 2024
Assessed value
$273,000
Assessed 2024
Previous assessed
$273,000
+0.0% YoY
Effective rate
3.01%
On assessed value
Assessed land
$184,700
Assessed improvement
$88,300
Land market value
$184,700
Improvement market value
$88,300
Total market value
$273,000
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1950
Heating
FORCED AIR
Stories
1
Units
2
Total area
6,072 SF
Lot
0.88 ac (38,507 SF)
Zoning code
C2
APN
641678725898-1
UPID
US73-5990086
Jurisdiction
LEHIGH
Zoning & alternative use
C2 · Bethlehem, PA
Zoning C2 · permitted uses
C2 · Bethlehem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bethlehem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$580,000
OFFICE BUILDING
Est. value
$905,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$735,000
INDUSTRIAL (GENERAL)
Est. value
$590,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Stories
1
Units
2
Lot
0.88 ac
Current owner
From public records · entity-resolved
Victor A Cosme
Individual
Mailing address
1801 BROADWAY, BETHLEHEM, PA 18015-3818
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2004
$280,000
Victor A Cosme
Specht,donald
Grant Deed
$228,000 · Wachovia Bank NA
—
—
Donald C Specht
—
Deed Of Trust
related
$55,500 · Ambassador Bank Commonwealth
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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