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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Office buildings
2178 Industrial Dr Bethlehem, PA 18017-2168
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0169262
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1982
Total area
8,151 SF
Lot
4.87 ac (211,963 SF)
Zoning code
PI
APN
641847797050-1
UPID
US73-0169262
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
-
Decision One-Bethlehem PA Church
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Budget Store & Lock Self Storage Storage Facility
-
Pneuma Life Center Inc Church Mosque
-
Guard Docs Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$975k
Comparable Approach
Comparable
$930k
Blend (final)
Blend
$1.05M
Owner & transaction history
Budget Metro Storage LLC · 4 yrs held
Budget Metro Storage LLC
since 2022
7 recorded transactions
Zoning & alternative use
PI · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.6M
+27.8%
Retail stores
$1.4M
+13.0%
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%
$1,060,000
6.5%
$975,000
7%
$905,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,210,000
Current use
RESTAURANT
$1,550,000
Change: +28% · Conversion: Moderate
RETAIL STORES
$1,370,000
Change: +13% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,160,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,070,000
Change: -12% · Conversion: Easy
AUTO REPAIR, GARAGE
$990,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$128 / 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
$79,534
Tax year 2024
Assessed value
$2,800,500
Assessed 2024
Previous assessed
$2,800,500
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$292,000
Assessed improvement
$2,508,500
Land market value
$292,000
Improvement market value
$2,508,500
Total market value
$2,800,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1982
Heating
FORCED AIR
Buildings
10
Stories
1
Total area
8,151 SF
Lot
4.87 ac (211,963 SF)
Zoning code
PI
APN
641847797050-1
UPID
US73-0169262
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
OFFICE BUILDING Current
Est. value
$1.2M
RESTAURANT
Est. value
$1.6M
RETAIL STORES
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$990,000
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
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
1982
Heating
FORCED AIR
Stories
1
Buildings
10
Lot
4.87 ac
Current owner
From public records · entity-resolved
Budget Metro Storage LLC
Entity
Mailing address
1090 MACARTHUR RD, WHITEHALL, PA 18052-7002
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2022
—
Budget Metro Storage LLC
Moyer Mooney Metro Bethlehem LP
Lease
$26,000,000 · Bank Of America NA
Dec 19, 2013
—
Moyer Mooney Metro Bethlehem LP
Moyer Mooney Metro Bethlehem LP
Deed
$5,132,000 · Prudential Mortgage Capital Company LLC
Apr 26, 2010
$4,000,000
Mooney Metro Bethlehem L Moyer
Apf Wo 11 LP
Grant Deed
—
Nov 27, 2006
$8,307,042
Apf Wo 11
Css-bethlehem
Grant Deed
—
Nov 7, 2006
$8,307,042
Apf Wo 11
Css Bethlehem
Grant Deed
—
Jan 24, 2005
—
Css Bethlehem
Css Bethlehem
Deed
$3,735,000 · Wells Fargo Bank NA
Nov 16, 2004
$5,745,000
Css Bethlehem LLC
Susapartnership
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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