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Property profile & analytics
FOR LEASE
Office buildings
2970 Corporate Ct Orefield, PA 18069
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1553070
For Lease
1 / 58
$18 SF/Yr
2970 Corporate Ct, Orefield, PA 18069
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Property summary
AI-generated overview
This exceptional Class A office building, located at 2970 Corporate Court in Orefield, Pennsylvania, offers multiple executive office suites for lease. Built in 1996 and renovated in 2015, the 13,500 square foot building sits on a 5-acre lot and is zoned Village Commercial (APN: 5447845107811). Two spaces are currently available, ranging from 2,086 to 2,200 contiguous square feet, with a total of 4,286 square feet of vacant space. The building boasts superior construction and detailing, with all suites offering independent access and distinctive interiors. Enjoy a convenient location just off Route 100, three miles north of the Fogelsville exit of I-78/Route 22, providing easy access to Routes 22, 78, 309, and the Northeast Extension of the Pennsylvania Turnpike. Nearby businesses include New Tripoli Bank. Leases are offered on a full-service basis, meaning all taxes, insurance, and utilities are included in the quoted lease rate. This is a prime opportunity for businesses seeking high-quality, conveniently located office space in Lehigh County. The building is a three-story structure with above-average construction and detailing.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
7,798 SF
Lot
5.8 ac (252,517 SF)
Zoning code
RV
APN
544784510781-1
UPID
US73-1553070
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
-
Maulfair Medical Center: Maulfair Coleen MD Physician
-
Cloud Mentor (Bike/Boat/Book/etc) Store Corporate Office
-
Purely You Sauna Detoxification Medical Clinic
-
Allentown Comprehensive Treatment Center Medical Clinic
-
Cura Hospitality Inc Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$935k
Comparable Approach
Comparable
$1.25M
Blend (final)
Blend
$1.09M
Owner & transaction history
Skeans Family LP I · 7 yrs held
Skeans Family LP I
since 2018
5 recorded transactions
Zoning & alternative use
RV · Orefield, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.7M
+43.9%
Restaurant
$1.5M
+27.8%
Auto repair, garage
$1.3M
+8.9%
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 Orefield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orefield 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%
$1,010,000
6.5%
$935,000
7%
$870,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,160,000
Current use
MEDICAL BUILDING
$1,670,000
Change: +44% · Conversion: Easy
RESTAURANT
$1,480,000
Change: +28% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,265,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,045,000
Change: -10% · Conversion: Easy
RETAIL STORES
$950,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.09M
Range $977k – $1.19M · ±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
$139 / 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
$29,161
Tax year 2024
Assessed value
$1,193,600
Assessed 2024
Previous assessed
$1,193,600
+0.0% YoY
Effective rate
2.44%
On assessed value
Assessed land
$249,700
Assessed improvement
$943,900
Land market value
$249,700
Improvement market value
$943,900
Total market value
$1,193,600
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1996
Heating
YES
Cooling
YES
Stories
1
Total area
7,798 SF
Lot
5.8 ac (252,517 SF)
Zoning code
RV
APN
544784510781-1
UPID
US73-1553070
Jurisdiction
LEHIGH
Zoning & alternative use
RV · Orefield, PAZoning RV · permitted uses
RV · Orefield, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.7M
RESTAURANT
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
RETAIL STORES
Est. value
$950,000
OFFICE BUILDING Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
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
1996
Heating
YES
Cooling
Yes
Stories
1
Lot
5.8 ac
Current owner
From public records · entity-resolved
Skeans Family LP I
Entity
Mailing address
1611 POND RD STE #200, ALLENTOWN, PA 18104-2258
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2018
—
Skeans Family LP I
—
Deed
related
$1,100,000 · Peoples Sec Bk&tr
Oct 16, 2000
—
Skeans Family LP I
—
Deed Of Trust
related
$1,100,000 · American Bank
—
—
Skeans Family LP I
—
Deed Of Trust
related
$1,100,000 · Peoples Sec Bk&tr
—
—
Skeans Family LP I
—
Deed Of Trust
related
$955,000 · Lafayette Ambassador Bk
—
—
Skeans Family LP I
—
Deed Of Trust
related
$150,000 · American 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.
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