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Property profile & analytics
OFF-MARKET
Estimated value
$3,705,000
Manufacturing properties
200 Bethlehem Dr Morgantown, PA 19543-9771
Entity Owned
3-yr Hold
Free & Clear
Property ID
US73-5145769
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1948
Total area
46,999 SF
Lot
104.4 ac (4,547,664 SF)
APN
5321-03-14-9782
UPID
US73-5145769
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
-
DZP Video/Multimedia, Inc. Film Production Television Studio
-
NEW MORGAN BOROUGH, BUILDING C City Government Office
-
Pinnacle Transport Group, Driveaway PA Freight Service Logistics Company
-
Plant 7 Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.22M
Comparable Approach
Comparable
$4.25M
Blend (final)
Blend
$3.71M
Owner & transaction history
Morgantown Properties LP · 3 yrs held
Morgantown Properties LP
since 2023
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.0M
+100.5%
Office building
$4.6M
+82.5%
Restaurant
$4.2M
+67.5%
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 Morgantown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morgantown 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%
$4,570,000
6.5%
$4,220,000
7%
$3,920,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,505,000
Current use
AUTO REPAIR, GARAGE
$5,025,000
Change: +100% · Conversion: Easy
OFFICE BUILDING
$4,575,000
Change: +83% · Conversion: Difficult
RESTAURANT
$4,200,000
Change: +68% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,305,000
Change: +32% · Conversion: Easy
RETAIL STORES
$3,110,000
Change: +24% · Conversion: Moderate
COMMERCIAL (GENERAL)
$3,060,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$3.71M
Range $3.33M – $4.08M · ±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
$79 / 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
$26,301
Tax year 2024
Assessed value
$3,151,700
Assessed 2024
Previous assessed
$3,151,700
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$648,800
Assessed improvement
$2,502,900
Land market value
$648,800
Improvement market value
$2,502,900
Total market value
$3,151,700
Applied tax rate
56.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1948
Buildings
16
Total area
46,999 SF
Lot
104.4 ac (4,547,664 SF)
APN
5321-03-14-9782
UPID
US73-5145769
Jurisdiction
BERKS
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.5M
AUTO REPAIR, GARAGE
Est. value
$5.0M
OFFICE BUILDING
Est. value
$4.6M
RESTAURANT
Est. value
$4.2M
WAREHOUSE, STORAGE
Est. value
$3.3M
RETAIL STORES
Est. value
$3.1M
COMMERCIAL (GENERAL)
Est. value
$3.1M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RESTAURANT
WAREHOUSE, STORAGE
RETAIL STORES
COMMERCIAL (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
1948
Buildings
16
Lot
104.4 ac
Current owner
From public records · entity-resolved
Morgantown Properties LP
Entity
Free & Clear · 3 yrs held
Mailing address
200 BETHLEHEM DR STE #106, MORGANTOWN, PA 19543-9771
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2023
—
Morgantown Properties LP
Morgantown Properties LP
Intrafamily Transfer
related
—
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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