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Property profile & analytics
OFF-MARKET
Medical Office Space
2301 Cherry Ln Bethlehem, PA 18015-9540
Entity Owned
~
Est. High Equity
Property ID
US73-1735925
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
5,600 SF
Lot
0.79 ac (34,412 SF)
Zoning code
HI
APN
Q7 15A2 0204
UPID
US73-1735925
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
-
Lori Blondell, PT, DPT Physician
-
Patrick Russell, PT, DPT Physician
-
Laura M Rothermel, PT, DPT Physician
-
Dorothy L Stehly, PT, DPT Physician
-
Quintin Davis, PT, DPT Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
New Valley Properties LLC
New Valley Properties LLC
2 recorded transactions
Zoning & alternative use
HI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$27,825
Tax year 2024
Assessed value
$314,800
Assessed 2024
Previous assessed
$314,800
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$38,100
Assessed improvement
$276,700
Land market value
$76,200
Improvement market value
$553,400
Total market value
$629,600
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2005
Heating
YES
Cooling
CENTRAL
Units
1
Total area
5,600 SF
Lot
0.79 ac (34,412 SF)
Zoning code
HI
APN
Q7 15A2 0204
UPID
US73-1735925
Jurisdiction
NORTHAMPTON
Zoning & alternative use
HI · Bethlehem, PA
Zoning HI · permitted uses
HI · 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.
Building & site characteristics
From public records
Year built
2005
Heating
YES
Cooling
Yes
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
New Valley Properties LLC
Entity
Mailing address
2301 CHERRY LN, BETHLEHEM, PA 18015-9540
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
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
—
—
New Valley Properties LLC
—
Deed Of Trust
related
$120,867 · Embassy Bk/lehigh Vly
—
—
New Valley Properties LLC
—
Deed Of Trust
related
$2,741,232 · Embassy Bk/lehigh Vly
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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