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Property profile & analytics
OFF-MARKET
Estimated value
$4,920,000
Industrial properties
2651 Baglyos Cir Bethlehem, PA 18020-8029
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-1890212
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL PARK
Year built
2004
Total area
42,340 SF
Lot
4.64 ac (202,118 SF)
Zoning code
OB
APN
M8 9 14-8 0205
UPID
US73-1890212
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
-
Unified Door and Hardware Group - Bethlehem Building Supply Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.93M
CAP Approach
CAP
$4.85M
Comparable Approach
Comparable
$4.86M
Blend (final)
Blend
$4.92M
Owner & transaction history
2651 Baglyos Circle LLC · 4 yrs held
2651 Baglyos Circle LLC
since 2021
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
OB · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.8M
+65.1%
Commercial (general)
$6.7M
+61.9%
Medical building
$6.5M
+57.4%
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
$5,160,000
ML approach
$4,930,000
CAP Approach
CAP Return
Estimation
6%
$5,245,000
6.5%
$4,845,000
7%
$4,495,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,110,000
Current use
RETAIL STORES
$6,780,000
Change: +65% · Conversion: Moderate
COMMERCIAL (GENERAL)
$6,650,000
Change: +62% · Conversion: Difficult
MEDICAL BUILDING
$6,465,000
Change: +57% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,550,000
Change: +35% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,130,000
Change: +25% · Conversion: Easy
RESTAURANT
$4,740,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$4.92M
Range $4.43M – $5.41M · ±10% · vs last sale $4.99M (Sep 30 2021)
Last sale anchor
$4.99M
Sep 30 2021
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
$116 / 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
$73,302
Tax year 2024
Assessed value
$955,200
Assessed 2024
Previous assessed
$955,200
+0.0% YoY
Effective rate
7.67%
On assessed value
Assessed land
$162,400
Assessed improvement
$792,800
Land market value
$324,800
Improvement market value
$1,585,600
Total market value
$1,910,400
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
2004
Heating
YES
Cooling
CENTRAL
Units
1
Total area
42,340 SF
Lot
4.64 ac (202,118 SF)
Zoning code
OB
APN
M8 9 14-8 0205
UPID
US73-1890212
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
$4.1M
RETAIL STORES
Est. value
$6.8M
COMMERCIAL (GENERAL)
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$6.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.1M
RESTAURANT
Est. value
$4.7M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2004
Heating
YES
Cooling
Yes
Units
1
Lot
4.64 ac
Current owner
From public records · entity-resolved
2651 Baglyos Circle LLC
Entity
Mailing address
1650 SUCKLE HWY, PENNSAUKEN, NJ 08110-1450
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2022
—
2651 Baglyos Circle LLC
—
Deed
related
$69,300,000 · Virtus Group LP
Sep 30, 2021
$4,990,000
2651 Baglyos Circle LLC
General Supply Company
Deed
—
May 31, 2017
—
General Supply Co
—
Grant Deed
related
$5,750,000 · Essa Bk&tr
—
—
General Supply Co
—
Deed Of Trust
related
$130,000 · Lafayette Ambassador Bank
—
—
General Supply Co
—
Deed Of Trust
related
$4,000,000 · Lafayette Ambassador Bank
—
—
General Supply Co
—
Deed Of Trust
related
$1,300,000 · Essa Bk&tr
—
—
General Supply Co
—
Deed Of Trust
related
$375,000 · Lafayette Ambassador Bank
—
—
General Supply Co
—
Deed Of Trust
related
$300,000 · 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.
Try Rey
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