2031 Ave C C Bethlehem, PA 18017-2117
(l) CS Shopping Center District - To provide for the development of modern, well-planned shopping centers with coordinated traffic access, to provide for a variety of compatible business uses. The district is intended to result in a group of properly related business and compatible facilities comprising a single architectural scheme with appropriate landscap…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CS · Bethlehem, PA(l) CS Shopping Center District - To provide for the development of modern, well-planned shopping centers with coordinated traffic access, to provide for a variety of compatible business uses. The district is intended to result in a group of properly related business and compatible facilities comprising a single architectural scheme with appropriate landscaping, off-street parking, screening and vehicular access. New residential uses are proposed to be limited to above commercial uses. (m) CM Office Research Center District - To provide for offices, research and development, educational and complementary uses. To avoid uses that are most likely to generate heavy tractor-trailer traffic, particularly on roads on the South Mountain. (n) OMU Office Mixed Use District - In addition to serving the purposes of the City Comprehensive Plan and the overall purposes of this Ordinance, this District is intended to promote redevelopment of areas of the City that are currently underutilized and are only partially developed. This District also recognizes that this area of Bethlehem is unique in terms of its size and its proximity to ramps of a limited access expressway (PA. Route 378). This District is also intended to provide transitional zoning provisions adjacent to a County Park and recognized historical site, the Burnside Plantation. This District also is intended to encourage ground-floor retail and service uses to create connectivity between the residential and commercial buildings on the overall tract. (Amended 12/16/15, Ord. 2015-39) City of Bethlehem Zoning Ordinance 26 (o) CMU Mixed Use Commercial District - To promote appropriate types of mixed uses, including banks, offices and limited commercial uses. The intent is to only allow types of commercial uses that would be compatible with adjacent dwellings. This District recognizes areas that are uniquely situated compared to other areas of the City, and allows future development consistent with such uniqueness. This District is also intended to provide transitional zoning provisions adjacent to residential areas. (p) PI Planned Industrial District - To permit and encourage modern industrial development in a park-like setting. To provide a desirable location for those types of industry which are harmonious with, and do not constitute a hazard or nuisance to surrounding areas. To maintain landscaped area as part of each lot, to encourage architectural harmony, and to create an aesthetically pleasing and functional business park.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.