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3864 Courtney St Bethlehem, PA 18017-8987

OFF-MARKET Office Spaces Google Maps
100,767 SF 8.23 ac lot Built 1990
Entity Owned 5-yr Hold Free & Clear
Estimated value (blended)
$1.08M
Range $968k – $1.18M (±10%)
Property ID US73-1278432

Property summary

AI-generated overview

This exceptional Class B industrial flex space, located at 3864 Courtney St in the Lehigh Valley Industrial Park, offers a prime opportunity for businesses seeking flexible and strategically located facilities. The property totals 100,767 square feet and is comprised of multiple tenancies, with a significant portion currently vacant. This presents a unique chance to secure space ranging from a minimum of 2,666 square feet to a maximum contiguous space of 4,987 square feet, accommodating a variety of business needs. The building, constructed in 1989, benefits from its convenient access to major highways including Routes 22, 78, 33, and 248, ensuring seamless transportation and logistics. Currently, 7,653 square feet of space is immediately available. The property's flex space design offers versatility, allowing for customization to suit diverse operational requirements. This prime location within the thriving Lehigh Valley industrial market provides excellent visibility and accessibility, making it an ideal choice for businesses seeking to establish or expand their operations in this dynamic region. The available space offers a blend of warehouse and office areas, providing a functional and efficient workspace. Don't miss this chance to secure your ideal space in this sought-after location.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1990
Total area 100,767 SF
Lot 8.23 ac (358,499 SF)
Zoning code P1BD
APN M6 15 10W 0214
UPID US73-1278432

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Cosmetic Store
  • (Bike/Boat/Book/etc) Store Pharmacy
  • Industrial Manufacturer
  • Industrial Manufacturer
  • Industrial Manufacturer Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.46M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2020
1 recorded transaction
2020
Price N/A

Zoning & alternative use

P1BD · Bethlehem, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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