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

    2930 Airport Rd Bethlehem, PA 18017-2106

    • Office buildings
    • 19,264 SF
    • 11.48 lot acres
    OFF-MARKET
    Value Estimations
    $2,385,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1417319
    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

    • Lehigh Valley Crime Stoppers / Volunteer Organization
    • Pennsylvania State Police - Troop M - Bethlehem / Police Department

    Property Details for 2930 Airport Rd

    Year built
    1951
    Lot size
    11.48 lot acres
    Property size
    19,264 SF
    Zone code
    CG
    Property type
    Office buildings
    APN
    641827735585-1
    APU
    6418277355851

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,500,000
      6.5%
      $2,310,000
      7%
      $2,145,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,198,000
      Market price range: $767k - $2.20M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,865,000
      Current use
      RESTAURANT
      $3,660,000
      Change: +28% Conversion: Moderate
      RETAIL STORES
      $3,235,000
      Change: +13% Conversion: Moderate
      COMMERCIAL (GENERAL)
      $2,745,000
      Change: -4% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $2,525,000
      Change: -12% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,335,000
      Change: -19% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4284
    Latitude
    40.6478
    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
    $0.00
    $3,749,800
    $2,206,300
    $5,956,100
    -
    $3,749,800
    $2,206,300
    $5,956,100

    Comparable in this City

    • Value Estimation
      $5,830,000
      49,305 SF

      1780 Bathgate Rd

      OFFICE BUILDING • 49,305 SF
      1780 Bathgate Rd, Bethlehem, PA 18017
      View Details
    • Value Estimation
      $9,635,000
      82,103 SF

      2320 Ave A A

      OFFICE BUILDING • 82,103 SF
      2320 Ave A A, Bethlehem, PA 18017-2110
      View Details
    • Value Estimation
      $1,085,000
      13,115 SF

      2266 Ave A A

      OFFICE BUILDING (MULTI-STORY) • 13,115 SF
      2266 Ave A A, Bethlehem, PA 18017-2108
      View Details
    • Value Estimation
      $3,565,000
      37,634 SF

      2285-2289 Ave A A

      OFFICE BUILDING • 37,634 SF
      2285-2289 Ave A A, Bethlehem, PA 18017
      View Details
    • Value Estimation
      $4,270,000
      50,887 SF

      2300 City Line Rd

      OFFICE BUILDING • 50,887 SF
      2300 City Line Rd, Bethlehem, PA 18017-2132
      View Details
    • Value Estimation
      $7,245,000
      67,133 SF

      2005 City Line Rd

      OFFICE BUILDING • 67,133 SF
      2005 City Line Rd, Bethlehem, PA 18017-7701
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      53,656 SF

      Class A Office Building Suites

      Two-story office building with modern renovations and tenant improvement bonus.
      5325 Northgate Dr, Bethlehem, PA 18017
      View Details
    • Contact for pricing
      16,000 SF

      Bethlehem Office Building For Sale

      Office building for sale with expansion potential and ample parking.
      3865 Adler Pl, Bethlehem, PA 18017
      View Details
    • $2,190,000
      1.31 Acres

      Commercial Office Building For Sale

      Freestanding office building with lab space and excellent access.
      2346 Jacksonville Rd, Bethlehem, PA 18017
      View Details
    • $424,900
      2,902 SF

      Bethlehem Office Building - $424,900

      Prime Bethlehem location, vacant office, residential potential.
      1620 Easton Ave, Bethlehem, PA 18017
      View Details
    • Contact for pricing
      29,300 SF

      Bethlehem Office Space For Sale

      Office space in Lehigh Valley Corporate Center.
      1655 Valley Center Pkwy, Bethlehem, PA 18017
      View Details
    • Contact for pricing
      21,119 SF

      Bethlehem Office Space Available

      Office space for sale, easy access to major routes.
      83-89 S Commerce Way, Bethlehem, PA 18017
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      55,268 SF

      Single-Story Office Building For Lease

      Multi-tenant office building in Lehigh Valley Corporate Center.
      1455 Valley Center Pkwy, Bethlehem, PA 18017
      View Details
    • $14 SF/Yr
      43,770 SF

      Multi-Tenant Office Building For Rent

      Multi-tenant office building with modern amenities and convenient highway access.
      1495 Valley Center Pkwy, Bethlehem, PA 18017
      View Details
    • Contact for pricing
      20,000 SF

      Class A Office Building Space

      Class A office building with ample parking and convenient location.
      2005 City Line Rd, Bethlehem, PA 18017
      View Details
    • $15 SF/Yr
      27,508 SF

      High-End Office Space Available

      Multi-tenant office building with high-end finishes and ample parking.
      1660 Valley Center Pkwy, Bethlehem, PA 18017
      View Details
    • Contact for pricing
      3,160 SF

      Modern Office Building with Upgrades

      Three-story office building with upgraded common areas and ample parking.
      190 Brodhead Rd, Bethlehem, PA 18017
      View Details
    • Contact for pricing
      956 SF

      Class A Office Building

      Renovated office building with easy highway access and ample parking.
      81 Highland Ave, Bethlehem, PA 18017
      View Details
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    2930 Airport Rd
    Bethlehem, PA 18017-2106
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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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