New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,610,000
Industrial properties
2400 Emrick Blvd, Bethlehem, PA 18020-8006
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US73-2857578
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
2002
Total area
183,401 SF
Lot
10.71 ac (466,528 SF)
Zoning code
OB
APN
M8 9 14-35 0205
UPID
US73-2857578
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
-
Flexicon Corporation Factory Industrial Manufacturer
-
ifs miami Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.61M
Owner & transaction history
Northampton County New Jobs Corp · 11 yrs held
Northampton County New Jobs Corp
since 2015
3 recorded transactions
Zoning & alternative use
OB · 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
$58 / 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
$228,977
Tax year 2024
Assessed value
$2,983,800
Assessed 2024
Previous assessed
$2,641,300
+13.0% YoY
Effective rate
7.67%
On assessed value
Assessed land
$374,900
Assessed improvement
$2,608,900
Land market value
$749,800
Improvement market value
$5,217,800
Total market value
$5,967,600
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
Industrial properties
Use group
INDUSTRIAL PARK
Status
Off-Market
Year built
2002
Heating
YES
Cooling
CENTRAL
Units
1
Total area
183,401 SF
Lot
10.71 ac (466,528 SF)
Zoning code
OB
APN
M8 9 14-35 0205
UPID
US73-2857578
Jurisdiction
NORTHAMPTON
Zoning & alternative use
OB · Bethlehem, PA
Zoning OB · permitted uses
OB · 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
2002
Heating
YES
Cooling
Yes
Units
1
Lot
10.71 ac
Current owner
From public records · entity-resolved
Northampton County New Jobs Corp
Entity
Mailing address
2400 EMRICK BLVD, BETHLEHEM, PA 18020-8006
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2025
—
Dg Properties INC
—
Deed
related
$2,168,207 · Santander Bank NA
May 13, 2015
—
Northampton County New Jobs Corp
Dg Properties LLC
Deed
$2,000,000 · The Pennsylvania Industrial Development
May 18, 2011
—
Dg Properties INC
—
Deed Of Trust
related
$2,230,000 · Sovereign 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.
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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