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Property profile & analytics
OFF-MARKET
Estimated value
$1,585,000
Distribution centers
2211 Ave C C Bethlehem, PA 18017-2121
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-2622543
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1974
Total area
12,768 SF
Lot
2.93 ac (127,805 SF)
Zoning code
PI
APN
641839454530-1
UPID
US73-2622543
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
by Request
CAP Approach
CAP
$1.78M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.59M
Owner & transaction history
Hydac Technology Corp · 1 yrs held
Hydac Technology Corp
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
PI · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.4M
+99.1%
Retail stores
$2.1M
+76.1%
Office building
$1.9M
+55.8%
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%
$1,925,000
6.5%
$1,780,000
7%
$1,650,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,220,000
Current use
RESTAURANT
$2,425,000
Change: +99% · Conversion: Difficult
RETAIL STORES
$2,145,000
Change: +76% · Conversion: Moderate
OFFICE BUILDING
$1,900,000
Change: +56% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,820,000
Change: +49% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,675,000
Change: +37% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,545,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$1.59M
Range $1.43M – $1.74M · ±10% · vs last sale $1.49M (Mar 4 2025)
Last sale anchor
$1.49M
Mar 4 2025
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
$124 / 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
$23,728
Tax year 2024
Assessed value
$835,500
Assessed 2024
Previous assessed
$835,500
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$175,800
Assessed improvement
$659,700
Land market value
$175,800
Improvement market value
$659,700
Total market value
$835,500
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1974
Heating
SPACE
Stories
1
Total area
12,768 SF
Lot
2.93 ac (127,805 SF)
Zoning code
PI
APN
641839454530-1
UPID
US73-2622543
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
$1.2M
RESTAURANT
Est. value
$2.4M
RETAIL STORES
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
WAREHOUSE, STORAGE Current
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
1974
Heating
SPACE
Stories
1
Lot
2.93 ac
Current owner
From public records · entity-resolved
Hydac Technology Corp
Entity
Mailing address
350 S COLLIER BLVD UNIT #206, MARCO ISLAND, FL 34145-4918
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
$1,485,000
Hydac Technology Corp
James J Gattuso JR
Deed
—
Jan 19, 2021
—
Kob,velma G K Marital Trust
—
Deed
related
$50,000 · Santander Bk NA
Oct 31, 2019
—
Kob,velma G K Marital Trust
—
Deed
related
$8,108,000 · Santander Bk NA
Feb 21, 2019
—
Kob,velma G K Marital Trust
—
Deed
related
$2,950,000 · Santander Bk NA
Jul 6, 2011
—
George W Kistler JR.
Kistler,george W JR & Velma G
Quit Claim Deed
related
—
Feb 20, 2007
$865,000
George W Kistler JR.
Compass Group USA INC
Grant Deed
—
—
—
Kob,velma G K Marital Trust
—
Loan Modification
related
$2,950,000 · Santander Bk NA
—
—
Kob,velma G K Marital Trust
—
Loan Modification
related
$8,108,000 · Santander Bk NA
—
—
Kistler,velma G Trust
—
Deed Of Trust
related
$2,175,000 · Santander Bk NA
—
—
Kob Velma G K Trust
—
Deed Of Trust
related
$7,314,423 · Sovereign Bank
—
—
Kob,velma G K Marital Trust
—
Deed Of Trust
related
$50,000 · Santander Bk NA
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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