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Property profile & analytics
OFF-MARKET
Estimated value
$3,565,000
Office buildings
2285-2289 Ave A A Bethlehem, PA 18017
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-0424655
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Total area
37,634 SF
Lot
2.49 ac (108,334 SF)
Zoning code
PI
APN
641837181359-1
UPID
US73-0424655
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
$3.85M
CAP Approach
CAP
$4.51M
Comparable Approach
Comparable
$3.54M
Blend (final)
Blend
$3.57M
Owner & transaction history
Jane Street LLC · 6 yrs held
Jane Street LLC
since 2020
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
PI · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$3,750,000
ML approach
$3,845,000
CAP Approach
CAP Return
Estimation
6%
$4,885,000
6.5%
$4,510,000
7%
$4,190,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,595,000
Current use
COMMERCIAL (GENERAL)
$5,365,000
Change: -4% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,930,000
Change: -12% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,560,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.57M
Range $3.21M – $3.92M · ±10% · vs last sale $2.87M (Jan 31 2020)
Last sale anchor
$2.87M
Jan 31 2020
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
$95 / 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
$53,508
Tax year 2024
Assessed value
$1,884,100
Assessed 2024
Previous assessed
$1,884,100
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$149,200
Assessed improvement
$1,734,900
Land market value
$149,200
Improvement market value
$1,734,900
Total market value
$1,884,100
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
1961
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
37,634 SF
Lot
2.49 ac (108,334 SF)
Zoning code
PI
APN
641837181359-1
UPID
US73-0424655
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
$5.6M
COMMERCIAL (GENERAL)
Est. value
$5.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.9M
AUTO REPAIR, GARAGE
Est. value
$4.6M
OFFICE BUILDING Current
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
1961
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.49 ac
Current owner
From public records · entity-resolved
Jane Street LLC
Entity
Mailing address
5995 RTE 378B, CENTER VALLEY, PA 18034-9451
Ownership since
2020
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
Jan 31, 2020
$2,865,000
Jane Street LLC
Rose Valley Partnership
Special Warranty Deed
$2,292,000 · Peoples Security Bank & Trust Compa
—
—
Rose Valley Ptshp
—
Deed Of Trust
related
$300,000 · Lafayette Ambassador Bank
—
—
Rose Valley Partnership Gp
—
Deed Of Trust
related
$1,145,000 · Lafayette Ambassador Bank
—
—
Rose Valley Ptshp
—
Deed Of Trust
related
$160,000 · Lafayette Ambassador Bank
—
—
Rose Valley Partnership
—
Deed Of Trust
related
$765,000 · Vista Bank
—
—
Rose Valley Partnership
—
Deed Of Trust
related
$85,000 · Lafayette Ambassador Bank
—
—
Rose Valley Ptshp
—
Deed Of Trust
related
$75,000 · Lafayette Ambassador Bank
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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