3050 Easton Ave Bethlehem, PA 18020
Property profile & analytics
3050 Easton Ave, Bethlehem, PA 18020
- Retail space
- 14,774 SF
- 2.72 lot acres
Property ID
US73-4029187
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.
Location Intelligence
Current Use by Public Records
- Aldi / Specialty Food Shop / Supermarket
Property Details for 3050 Easton Ave
- Year built
- 1995
- Lot size
- 2.72 lot acres
- Zone code
- PC
- Property type
- Retail space
- APN
- N7NW2 6 9 0205
- APU
- N7NW2690205
Description
This exceptional investment opportunity presents a 14,860-square-foot, single-tenant net-leased Caliber Collision auto shop in Bethlehem, Pennsylvania. Located on Easton Avenue (13,900 vehicles per day), this property boasts a new 15.4-year lease (expiring March 31, 2040) with two 5-year renewal options and 2.5% annual rent increases. The tenant, Caliber Collision, the largest collision repair company in the US, recently completed over $1.3 million in tenant improvements. The property sits on a 2.72-acre lot and benefits from a high-traffic location near major retailers like Giant, Petco, and CVS, as well as Freedom High School and Northampton Community College. The surrounding area has a strong demographic profile, with over 158,000 residents within a five-mile radius and an average household income exceeding $113,000 within three miles. The property offers a 6.25% cap rate and a strong NOI of $312,000, making it an attractive investment with significant upside potential. Built in 1995 and renovated in 2024, this property represents a stable, long-term investment in a thriving market. The asking price is $4,992,000, with a price per square foot of $335.94. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a national leader in the collision repair industry.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Bethlehem
- County
- Northampton
- State
- Pennsylvania
- Longitude
- -75.3361
- Latitude
- 40.651
- 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
$30,259
$120,900
$273,400
$394,300
-
$241,800
$546,800
$788,600
