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Property profile & analytics
OFF-MARKET
Estimated value
$2,470,000
Industrial properties
2030 Highland Ave, Bethlehem, PA 18020-8963
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0387833
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
1997
Total area
35,200 SF
Lot
9.26 ac (403,366 SF)
Zoning code
LI
APN
M6 15 29 0205
UPID
US73-0387833
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
-
Occupational Therapy - Coordinated Health Physician
-
Sports Performance and Medicine - Coordinated Health Medical Clinic Physician
-
Dustin Constant, MD Physician
-
Lea Brashears Physician
-
Leslie Lupin Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.47M
Owner & transaction history
County Of Northampton · 1 yrs held
County Of Northampton
since 2024
6 recorded transactions
Zoning & alternative use
LI · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.9M
+15.4%
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
INDUSTRIAL (GENERAL)
$3,415,000
Current use
RESTAURANT
$3,940,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$2.47M
Range $2.22M – $2.72M · ±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
$70 / 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
$57,762
Tax year 2024
Assessed value
$752,700
Assessed 2024
Previous assessed
$752,700
+0.0% YoY
Effective rate
7.67%
On assessed value
Assessed land
$267,100
Assessed improvement
$485,600
Land market value
$534,200
Improvement market value
$971,200
Total market value
$1,505,400
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
1997
Heating
YES
Cooling
CENTRAL
Units
1
Total area
35,200 SF
Lot
9.26 ac (403,366 SF)
Zoning code
LI
APN
M6 15 29 0205
UPID
US73-0387833
Jurisdiction
NORTHAMPTON
Zoning & alternative use
LI · Bethlehem, PA
Zoning LI · permitted uses
LI · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.4M
RESTAURANT
Est. value
$3.9M
INDUSTRIAL (GENERAL) Current
RESTAURANT
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
1997
Heating
YES
Cooling
Yes
Units
1
Lot
9.26 ac
Current owner
From public records · entity-resolved
County Of Northampton
Entity
Mailing address
707 HAMILTON ST NW STE #1030, ALLENTOWN, PA 18101-2407
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2024
—
County Of Northampton
Township Of Bethlehem
Deed
—
Jul 3, 2024
$15,300,000
Centurion Foundation Lehigh Valley
Lehigh Valley Hospital INC
Special Warranty Deed
—
Jul 3, 2024
—
Lehigh Valley Hospital LLC
Centurion Foundation Lehigh Valley
Lease
—
Dec 26, 2019
$2,404,861
Lehigh Vly Hospital-coordinate
2030 Highland LP
Grant Deed
—
Jul 29, 2014
—
2030 Highland LP
—
Grant Deed
related
$6,880,000 · Natixis R/e Cap
Mar 23, 2011
$1,550,000
2030 Highland LP
Sheffield Props Of Illinois INC
Grant Deed
—
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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