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Property profile & analytics
FOR LEASE
Industrial properties
2500 Emrick Blvd, Bethlehem, PA 18020
Entity Owned
8-yr Hold
Free & Clear
Property ID
US73-0387947
For Lease
1 / 2
$8,050,000
2500 Emrick Blvd, Bethlehem, PA 18020
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2018
Total area
119,640 SF
Lot
9.45 ac (411,642 SF)
Zoning code
OB
APN
M8 9 14-32 0205
UPID
US73-0387947
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
-
OraSure Technologies Warehouse & Storage
-
HAWE Manufacturing US, Inc. Industrial Manufacturer Production Facility
-
Romeo & Lalya Warehousing Inc Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.05M
Owner & transaction history
Triple Net Investments Xiv LP · 8 yrs held
Triple Net Investments Xiv LP
since 2017
4 recorded transactions
Zoning & alternative use
OB · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$13.4M
+15.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$11,610,000
Current use
RESTAURANT
$13,395,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$8.05M
Range $7.25M – $8.86M · ±10%
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
$67 / 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
$194,229
Tax year 2024
Assessed value
$2,531,000
Assessed 2024
Previous assessed
$2,531,000
+0.0% YoY
Effective rate
7.67%
On assessed value
Assessed land
$330,800
Assessed improvement
$2,200,200
Land market value
$661,600
Improvement market value
$4,400,400
Total market value
$5,062,000
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 (GENERAL)
Status
For Lease
Year built
2018
Heating
YES
Cooling
WINDOW A/C
Total area
119,640 SF
Lot
9.45 ac (411,642 SF)
Zoning code
OB
APN
M8 9 14-32 0205
UPID
US73-0387947
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$11.6M
RESTAURANT
Est. value
$13.4M
INDUSTRIAL (GENERAL) Current
RESTAURANT
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
2018
Heating
YES
Cooling
Yes
Lot
9.45 ac
Current owner
From public records · entity-resolved
Triple Net Investments Xiv LP
Entity
Free & Clear · 8 yrs held
Mailing address
171 RTE 173RD W STE #201, ASBURY, NJ 08802
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2021
—
Triple Net Investments Xiv LP
—
Deed
related
$7,250,000 · The Lincoln National Life Insurance Co
Apr 6, 2018
—
Triple Net Investments Xiv LP
—
Grant Deed
related
$8,000,000 · Embassy Bk/lehigh Vly
Aug 25, 2017
—
Triple Net Investments Xiv LP
Triple Net Investments Xiv LP
Deed
related
—
Jul 27, 2017
$254,901
Triple Net Investments Xiv LP
Triple Net Investments X LP
Grant Deed
related
—
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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