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    284 Nazareth Pike Bethlehem, PA 18020-9626
    Property profile & analytics

    284 Nazareth Pike Bethlehem, PA 18020-9626

    View on Map
    • Retail space
    • 14,208 SF
    • 2.55 lot acres
    Off-Market
    Property ID
    US73-1471476
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,010,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • AA & Y Granite And Marble / Kitchen & Bath Showroom / Hardware & Home Improvement
    • JMGC Property and Construction Solutions, LLC / Construction Company / General Contractor

    Property Details for 284 Nazareth Pike

    Year built
    1955
    Lot size
    2.55 lot acres
    Property size
    14,208 SF
    Zone code
    C
    Property type
    Retail space
    APN
    L7NW3 2 7 0418
    APU
    L7NW3270418

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,287,000
      Market price range: $1.29M - $3.21M
      AI Estimate
      $686,000
      Market price range: $671k - $2.21M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.3331
    Latitude
    40.695
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $17,591
    $89,000
    $152,600
    $241,600
    -
    $178,000
    $305,200
    $483,200

    Comparable in this City

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      $525,000
      7,080 SF

      4079 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 7,080 SF
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    • Value Estimation
      $1,485,000
      12,496 SF

      3608 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 12,496 SF
      3608 Nazareth Pike, Bethlehem, PA 18020-1136
      View Details
    • Value Estimation by Request
      1,200 SF

      237 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      237 Nazareth Pike, Bethlehem, PA 18020-9460
      View Details
    • Value Estimation
      $790,000
      5,545 SF

      198 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 5,545 SF
      198 Nazareth Pike, Bethlehem, PA 18020
      View Details
    • Value Estimation by Request
      2,944 SF

      229 Nazareth Pike

      RETAIL STORES (PERSONAL SERVICES) • 2,944 SF
      229 Nazareth Pike, Bethlehem, PA 18020-9337
      View Details
    • Value Estimation by Request
      4,636 SF

      3508 Easton Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,636 SF
      3508 Easton Ave, Bethlehem, PA 18020-2944
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Bethlehem Retail Center For Sale

      166,937 SF retail center in a dense residential area.
      2920 Easton Ave, Bethlehem, PA 18020
      View Details
    • $2,250,000
      14,016 SF

      Retail Property on 3.1 Acres

      Retail property with three structures totaling approximately 14,016 square feet.
      4186 Easton Ave, Bethlehem, PA 18020
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    • Contact for pricing
      14,010 SF

      Retail Property with Barn Structures

      3.1 acre property with retail and storage buildings.
      4186 Easton Ave, Bethlehem, PA 18020
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    • $2,250,000

      Retail Property with Barn Structures

      3.1 acre retail property featuring multiple barn structures.
      4186 Easton Ave, Bethlehem, PA 18020
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    • $1,500,000
      5,296 SF

      Versatile Commercial Property on 1.7 Acres

      Commercial property in high-traffic location with expansion potential.
      3839 Easton Ave, Bethlehem, PA 18020
      View Details
    • New
      $425,000
      0.81 Acres

      Bethlehem Township Commercial Land Opportunity

      Prime commercial land in Bethlehem Twp with owner financing.
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    Similar Nearby for Lease

    • $12 SF/Yr
      10,000 SF

      Bethlehem Plaza Retail Opportunities

      Retail spaces available in well-positioned Bethlehem Plaza shopping center.
      3811-3843 Nazareth Pike, Bethlehem, PA 18020
      View Details
    • $25 SF/Yr

      Bethlehem City Retail Space Available

      Retail spaces available in Bethlehem City, PA, high traffic location.
      1740 Stefko Blvd, Bethlehem, PA 18020
      View Details
    • Contact for pricing
      1,610 SF

      Bethlehem Retail Space For Rent

      Retail space available in Bethlehem's core shopping destination.
      3926 Linden St, Bethlehem, PA 18020
      View Details
    • Contact for pricing

      Bethlehem Pad Site For Rent

      Pad site available in a grocery anchored community shopping center.
      2920 Easton Ave, Bethlehem, PA 18020
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    • $22 SF/Yr

      Bethlehem City Retail Space Available

      Retail spaces available in Bethlehem City, PA.
      1740 Stefko Blvd, Bethlehem, PA 18020
      View Details
    • $12 SF/Yr
      851,598 SF

      Retail Space Near Aldi Foods

      10,000 SF retail space available next to Aldi.
      3831 Nazareth Pike, Bethlehem, PA 18020
      View Details
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    Bethlehem, PA 18020-9626
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    284 Nazareth Pike, Bethlehem, PA, 18020
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