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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2901 Emrick Blvd Bethlehem, PA 18020-8062

    • Office properties & Spaces
    • 20,003 SF
    • 2.63 lot acres
    OFF-MARKET
    Value Estimations
    $3,290,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1799427
    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.

    Current Use by Public Records

    • Joanna LaFaver / Real Estate Agency
    • Freysmiles Orthodontics - Bethlehem / Dental Office
    • Peter Hewitt Commercial Real Estate Team / Real Estate Agency
    • Randyl Walters - Realtor / Real Estate Agency
    • Esdras Aponte- Coldwell Banker Hearthside / Real Estate Agency

    Property Details for 2901 Emrick Blvd

    Year built
    2008
    Lot size
    2.63 lot acres
    Property size
    20,003 SF
    Zone code
    OB
    Property type
    Office properties & Spaces
    APN
    M8 9 14-17 0205
    APU
    M8914170205

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,375,000
      6.5%
      $3,115,000
      7%
      $2,895,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,917,000
      Market price range: $2.14M - $3.92M
      AI Estimate
      $2,834,000
      Market price range: $1.21M - $3.36M

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,140,000
      Current use
      RETAIL STORES
      $3,205,000
      Change: +2% Conversion: Easy
      MEDICAL BUILDING
      $3,055,000
      Change: -3% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,620,000
      Change: -17% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.2954
    Latitude
    40.6629
    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
    $58,829
    $92,100
    $674,500
    $766,600
    -
    $184,200
    $1,349,000
    $1,533,200

    Comparable in this City

    • Value Estimation by Request
      137,400 SF

      3859 Nazareth Pike

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    • Value Estimation
      $555,000
      2,784 SF

      3452 Easton Ave

      OFFICE (GENERAL) • 2,784 SF
      3452 Easton Ave, Bethlehem, PA 18020-3432
      View Details
    • Value Estimation by Request
      2,000 SF

      2216 Willow Park Rd

      OFFICE (GENERAL) • 2,000 SF
      2216 Willow Park Rd, Bethlehem, PA 18020-4250
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    • Value Estimation by Request
      1,230 SF

      2514 Willow Park Rd

      OFFICE (GENERAL) • 1,230 SF
      2514 Willow Park Rd, Bethlehem, PA 18020-4256
      View Details
    • Value Estimation by Request
      1,624 SF

      228 Nazareth Pike

      OFFICE (GENERAL) • 1,624 SF
      228 Nazareth Pike, Bethlehem, PA 18020-9498
      View Details
    • Value Estimation
      $675,000
      3,892 SF

      4210 Fritch Dr

      OFFICE (GENERAL) • 3,892 SF
      4210 Fritch Dr, Bethlehem, PA 18020-9412
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,632 SF

      Remodeled Office with Attached Warehouse

      Remodeled office with attached warehouse/garage, ideal for contractors or shipping.
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      View Details
    • $1,500,000
      5,296 SF

      Versatile Commercial Property on 1.7 Acres

      Commercial property in high-traffic location with expansion potential.
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      Bethlehem Township Commercial Land Opportunity

      Prime commercial land in Bethlehem Twp with owner financing.
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      Bethlehem Commercial Land For Sale

      Prime commercial land in thriving Bethlehem Township.
      4006 Easton Ave, Bethlehem, PA 18020
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    • $1,200,000
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      Bethlehem Land: 3.87 Acres

      Prime Lehigh Valley residential land
      3741 Nazareth Pike, Bethlehem, PA 18020
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    • Contact for pricing

      Bethlehem Retail Center For Sale

      166,937 SF retail center in a dense residential area.
      2920 Easton Ave, Bethlehem, PA 18020
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    Similar Nearby for Lease

    • Contact for pricing
      60,000 SF

      Easton Avenue Commercial Land Lease

      Prime Northampton County land, build-to-suit opportunity.
      4317 Easton Ave, Bethlehem, PA 18020
      View Details
    • $17 SF/Yr
      21,419 SF

      Prime Bethlehem Executive Suites

      Class A Office Space, Flexible Lease
      4321 Easton Ave, Bethlehem, PA 18020
      View Details
    • $17 SF/Yr
      19,969 SF

      Bethlehem Executive Office Suites

      Premium Office Space, Flexible Sizes Available
      3001 Emrick Blvd, Bethlehem, PA 18020
      View Details
    • $28 SF/Yr
      12,910 SF

      Bethlehem Executive Office Suites

      Prime Lehigh Valley Office Space Available
      3005 Brodhead Rd, Bethlehem, PA 18020
      View Details
    • $13 SF/Yr
      2,100 SF

      Bethlehem Executive Office Space

      Prime Office, 2100 sq ft, Abundant Parking
      2571 Baglyos Cir, Bethlehem, PA 18020
      View Details
    • $10 SF/Yr
      84,803 SF

      LVIP VI Office/Warehouse Space

      Modern Flex Space, Lehigh Valley
      2800 Baglyos Cir, Bethlehem, PA 18020
      View Details
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    Bethlehem, PA 18020-8062
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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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