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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Strip malls
3215 Schoenersville Rd Bethlehem, PA 18017-2103
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US73-0727309
Property summary
AI-generated overview
This Bethlehem, PA retail property, Schoenersville Centre, offers 2,400 square feet of available space, divisible to 1,200 square feet, ideal for a credit tenant. Located at 3215 Schoenersville Rd, this two-building, single-story strip center and restaurant space boasts a total of 16,296 square feet and eight suites. The property sits on a 2.03-acre lot (88,339 square feet) and features ample parking with over 90 spaces. Built in 2008, the center enjoys a convenient location just north of Route 22 at the signalized intersection of Schoenersville Road and Avenue C, benefiting from high visibility and accessibility. The CS zoning allows for a variety of retail uses. The property is situated near Lehigh Valley Academy and is anchored by established businesses including Starbucks, Moe's Southwest Grill, Supercuts, Health Network Labs, and SaladWorks. The available space is a second-generation end-cap restaurant space. The property's parcel number is 641950251932 001.
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Total area
9,044 SF
Lot
2.03 ac (88,340 SF)
Zoning code
CS
APN
641950251932-1
UPID
US73-0727309
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
-
Saladworks Take-out & Catering Catering Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$559k
Blend (final)
Blend
$525k
Owner & transaction history
Hartzell-bethlehem LP · 14 yrs held
Hartzell-bethlehem LP
since 2012
5 recorded transactions
Zoning & alternative use
CS · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$870,000
+145.5%
Medical building
$710,000
+100.7%
Office building
$665,000
+87.9%
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 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
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$355,000
Current use
AUTO REPAIR, GARAGE
$870,000
Change: +145% · Conversion: Difficult
MEDICAL BUILDING
$710,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$665,000
Change: +88% · Conversion: Moderate
COMMERCIAL (GENERAL)
$575,000
Change: +63% · Conversion: Easy
WAREHOUSE, STORAGE
$565,000
Change: +60% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$58 / 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
$96,560
Tax year 2024
Assessed value
$3,400,000
Assessed 2024
Previous assessed
$3,400,000
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$728,800
Assessed improvement
$2,671,200
Land market value
$728,800
Improvement market value
$2,671,200
Total market value
$3,400,000
Applied tax rate
13.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
9,044 SF
Lot
2.03 ac (88,340 SF)
Zoning code
CS
APN
641950251932-1
UPID
US73-0727309
Jurisdiction
LEHIGH
Zoning & alternative use
CS · Bethlehem, PA
Zoning CS · permitted uses
CS · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$355,000
AUTO REPAIR, GARAGE
Est. value
$870,000
MEDICAL BUILDING
Est. value
$710,000
OFFICE BUILDING
Est. value
$665,000
COMMERCIAL (GENERAL)
Est. value
$575,000
WAREHOUSE, STORAGE
Est. value
$565,000
NEIGHBORHOOD: SHOPPING CENTER Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2008
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
2.03 ac
Current owner
From public records · entity-resolved
Hartzell-bethlehem LP
Entity
Mailing address
2571 COLD SPG RD, LANSDALE, PA 19446-6063
Ownership since
2012
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
Jun 15, 2022
—
Hartzell Bethlehem LP
—
Deed
related
$1,500,000 · The Neffs National Bank
Oct 22, 2019
—
Hartzell-bethlehem LP
—
Deed
related
$824,002 · Neffs Nat'l Bk
Feb 6, 2012
$3,575,000
Hartzell-bethlehem LP
Sbv Bethlehem Pa LLC
Grant Deed
—
Jun 12, 2007
$1,525,000
Sbv Bethlehem Pa LLC
Cree Lake Dev LLC
Grant Deed
—
—
—
Hartzell-bethlehem LP
—
Deed Of Trust
related
$824,002 · Neffs Nat'l Bk
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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