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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Investment properties
402 Broad St, Bethlehem, PA 18018-5529
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1088707
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1945
Construction
FRAME
Total area
4,370 SF
Lot
0.05 ac (2,280 SF)
Zoning code
CL
APN
642748042619-1
UPID
US73-1088707
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
-
District Court 03-2-01 County Court
-
Honorable Roy Manwaring County Government Office
-
White's Roofing, Siding and General Contracting Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$510k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$601k
Blend (final)
Blend
$510k
Owner & transaction history
Montana Realty Of Lehigh Valley LLC · 1 yrs held
Montana Realty Of Lehigh Valley LLC
since 2024
Last sale
$510,000
4 recorded transactions
Zoning & alternative use
CL · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$700,000
+7.8%
Office building
$650,000
+0.0%
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
$510,000
ML approach
$510,000
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$690,000
7%
$645,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$650,000
Current use
RETAIL STORES
$700,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$650,000
Change: +0% · Conversion: Easy
AUTO REPAIR, GARAGE
$530,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $510k (Dec 4 2024)
Last sale anchor
$510k
Dec 4 2024
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
$117 / 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
$6,805
Tax year 2024
Assessed value
$239,600
Assessed 2024
Previous assessed
$239,600
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$17,600
Assessed improvement
$222,000
Land market value
$17,600
Improvement market value
$222,000
Total market value
$239,600
Applied tax rate
11.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1945
Construction
FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Units
3
Rooms
14
Bathrooms
5
Total area
4,370 SF
Lot
0.05 ac (2,280 SF)
Zoning code
CL
APN
642748042619-1
UPID
US73-1088707
Jurisdiction
LEHIGH
Zoning & alternative use
CL · Bethlehem, PA
Zoning CL · permitted uses
CL · 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
$650,000
RETAIL STORES
Est. value
$700,000
OFFICE BUILDING
Est. value
$650,000
AUTO REPAIR, GARAGE
Est. value
$530,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1945
Construction
FRAME
Heating
CENTRAL
Cooling
Yes
Stories
3
Units
3
Rooms
14
Bathrooms
5
Lot
0.05 ac
Current owner
From public records · entity-resolved
Montana Realty Of Lehigh Valley LLC
Entity
Mailing address
1900 EASTON AVE, BETHLEHEM, PA 18017-4810
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2024
$510,000
Montana Realty Of Lehigh Valley LLC
David J Menlo
Deed
$408,000 · Embassy Bank For The Lehigh Valley
Apr 11, 2019
—
M M & Y Associates
—
Deed
related
$44,675 · Branch Bk&tr
Feb 28, 2018
—
Gerry S Hartman
—
Deed
related
$330,000 · Werpehowski William J Tr (pt)
—
—
M M & Y Associates
—
Deed Of Trust
related
$44,675 · Branch 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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