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Property profile & analytics
OFF-MARKET
Estimated value
$4,340,000
Warehouses
2041 Ave C C Bethlehem, PA 18017-2179
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-1852998
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
30,400 SF
Lot
2.57 ac (111,819 SF)
Zoning code
PI
APN
641940832686-1
UPID
US73-1852998
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.49M
CAP Approach
CAP
$4.24M
Comparable Approach
Comparable
$4.51M
Blend (final)
Blend
$4.34M
Owner & transaction history
Lighthouse Support · 2 yrs held
Lighthouse Support
since 2023
Last sale
$4.2M
2 recorded transactions
Zoning & alternative use
PI · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.5M
+124.3%
Restaurant
$5.8M
+99.1%
Retail stores
$5.1M
+76.1%
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
$4,755,000
ML approach
$4,490,000
CAP Approach
CAP Return
Estimation
6%
$4,585,000
6.5%
$4,235,000
7%
$3,930,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,900,000
Current use
MEDICAL BUILDING
$6,505,000
Change: +124% · Conversion: Difficult
RESTAURANT
$5,775,000
Change: +99% · Conversion: Difficult
RETAIL STORES
$5,110,000
Change: +76% · Conversion: Moderate
OFFICE BUILDING
$4,520,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,335,000
Change: +49% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,985,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,685,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$4.34M
Range $3.91M – $4.77M · ±10% · vs last sale $4.23M (Nov 20 2023)
Last sale anchor
$4.23M
Nov 20 2023
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
$143 / 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
$54,727
Tax year 2024
Assessed value
$1,927,000
Assessed 2024
Previous assessed
$1,927,000
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$154,000
Assessed improvement
$1,773,000
Land market value
$154,000
Improvement market value
$1,773,000
Total market value
$1,927,000
Applied tax rate
13.0000
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
1987
Heating
YES
Cooling
YES
Stories
1
Total area
30,400 SF
Lot
2.57 ac (111,819 SF)
Zoning code
PI
APN
641940832686-1
UPID
US73-1852998
Jurisdiction
LEHIGH
Zoning & alternative use
PI · Bethlehem, PA
Zoning PI · permitted uses
PI · 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
$2.9M
MEDICAL BUILDING
Est. value
$6.5M
RESTAURANT
Est. value
$5.8M
RETAIL STORES
Est. value
$5.1M
OFFICE BUILDING
Est. value
$4.5M
COMMERCIAL (GENERAL)
Est. value
$4.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.7M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1987
Heating
YES
Cooling
Yes
Stories
1
Lot
2.57 ac
Current owner
From public records · entity-resolved
Lighthouse Support
Individual
Mailing address
813 N FENWICK ST, ALLENTOWN, PA 18109-1808
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2023
$4,231,070
Lighthouse Support
2041 Ave C LP
Deed
—
May 13, 2011
$1,663,966
2041 Ave C LP
Liberty Property LP
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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