Property profile

23 Commerce Way Bethlehem, PA 18017

OFF-MARKET
Industrial properties
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Property ID
US73-5811441
34,272 SF 4.52 ac Built 1989
Last sale Oct 2022·$4,105,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$53k
Tax billed · 2024
Assessed value$726k
Assessed land$140k
Assessed improvement$586k
Effective rate7.29%

Value estimate

· Nov 2026
$4.05M
$3.64M – $4.45M
AI approach$3.67M
CAP approach$3.92M
Submarket $/SF estimate$3.09M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$97/SF
Submarket average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$52 – $145
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
PIBD
JurisdictionNORTHAMPTON

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon13.4
Auto Parts Store12.6
Storage Facility11.7

Location

23 Commerce Way Bethlehem, PA 18017-8916
County assessor Recorded deeds · 3 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2290 Ave A, Bethlehem, PA 18017-2108 $4,222,500 May 2025 50,575 SF
187 Commerce, Bethlehem, PA 18017-8933 $7,500,000 May 2024 53,011 SF
2041 Ave C, Bethlehem, PA 18017-2179 $4,231,070 Nov 2023 30,400 SF
3075 Ave B, Bethlehem, PA 18017-2113 $2,042,000 Apr 2023 22,465 SF
2184 Industrial, Bethlehem, PA 18017-2136 $4,337,500 Dec 2021 40,143 SF
340 Stoke Park, Bethlehem, PA 18017-9451 $7,085,373 Jan 2021 17,820 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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