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Property profile & analytics
FOR LEASE
Office Spaces
301 Broadway Bethlehem, PA 18015
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-1273197
For Lease
1 / 20
$25 SF/Yr
301 Broadway, Bethlehem, PA 18015
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1905
Total area
40,386 SF
Lot
0.26 ac (11,423 SF)
Zoning code
CG
APN
P6SW2B 12 5 0204
UPID
US73-1273197
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
-
Terra Health Coaching Consultant
-
FunnelKake Marketing & Advertising Advertising Agency
-
Vegableproduce Food Market Specialty Food Shop
-
DynAccess Ltd (Bike/Boat/Book/etc) Store
-
Flatiron Building (Wilbur Trust Bldg) Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.19M
Blend (final)
Blend
$3.25M
Owner & transaction history
Raymond Cope · 7 yrs held
Raymond Cope
since 2019
7 recorded transactions
Zoning & alternative use
CG · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$5.1M
+33.0%
Auto repair, garage
$4.9M
+28.2%
Restaurant
$4.5M
+18.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,820,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,075,000
Change: +33% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,895,000
Change: +28% · Conversion: Difficult
RESTAURANT
$4,520,000
Change: +18% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,920,000
Change: +3% · Conversion: Moderate
Blend value · Realmo final
$3.25M
Range $2.93M – $3.58M · ±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
$80 / 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
$48,641
Tax year 2024
Assessed value
$550,300
Assessed 2024
Previous assessed
$550,300
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$49,300
Assessed improvement
$501,000
Land market value
$98,600
Improvement market value
$1,002,000
Total market value
$1,100,600
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 Spaces
Use group
OFFICE (GENERAL)
Status
For Lease
Year built
1905
Heating
YES
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
40,386 SF
Lot
0.26 ac (11,423 SF)
Zoning code
CG
APN
P6SW2B 12 5 0204
UPID
US73-1273197
Jurisdiction
NORTHAMPTON
Zoning & alternative use
CG · Bethlehem, PA
Zoning CG · permitted uses
CG · 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
COMMERCIAL (GENERAL) Current
Est. value
$3.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$4.9M
RESTAURANT
Est. value
$4.5M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
RESTAURANT
INDUSTRIAL (GENERAL)
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
1905
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Raymond Cope
Individual
Mailing address
301 BROADWAY #500, BETHLEHEM, PA 18015-1559
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 24, 2022
—
Sycamore Hill Farm Development LP
—
Deed
related
$10,040,000 · First Keystone Community Bank
Aug 22, 2019
—
Sycamore Hill Farm Dev LP
—
Grant Deed
related
$1,200,000 · First Keystone Cmnty Bk
Mar 22, 2019
$350,000
Raymond Cope
Sycamore Hill Farm Dev LP
Grant Deed
—
Nov 22, 2017
—
Sycamore Hill Farm Dev LP
—
Deed
related
$500,000 · Peoples Sec Bk&tr
Jun 1, 2011
—
Sycamore Hill Farm Dev LP
—
Deed Of Trust
related
$3,300,000 · Pnc Bank
—
—
Sycamore Hill Farm Dev LP
—
Deed Of Trust
related
$3,025,000 · Peoples Sec Bk&tr
—
—
Sycamore Hill Farm Dev LP
—
Deed Of Trust
related
$1,350,000 · Peoples Sec Bk&tr
—
—
Sycamore Hill Farm Dev LP
—
Deed Of Trust
related
$250,000 · First Keystone Cmnty Bk
—
—
Hill Farm Dev Sycamore
—
Deed Of Trust
related
$350,000 · Team Capital Bank
—
—
Sycamore Hill Farm Dev LP
—
Deed Of Trust
related
$250,000 · First Keystone Cmnty Bk
—
—
Hill Farm Dev Sycamore
—
Deed Of Trust
related
$500,000 · Team Cap Bk
—
—
Sycamore Hill Farm Dev LP
—
Deed Of Trust
related
$500,000 · Peoples Sec Bk&tr
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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