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Property profile & analytics
FOR SALE
Office Spaces

4317 Easton Ave Bethlehem, PA 18020

10,646 SF 5.21 ac lot Built 2001
Individually Owned 5-yr Hold ~ Est. High Equity
Property ID
US73-1724522
4317 Easton Ave, Bethlehem, PA 18020 For Sale
$1,845,000 10,646 SF
4317 Easton Ave, Bethlehem, PA 18020
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Property summary
AI-generated overview

This exceptional 1.4-acre commercial land parcel in Northampton County, Pennsylvania, presents a unique build-to-suit opportunity. The property, identified by APN M7NE3 6 1 0205, is zoned OB - Office/Business with Commercial Enhancement Overlay, offering significant flexibility for development. Currently approved for a single-story, 12,000 square foot building, the site boasts the potential for expansion up to a five-story structure totaling 60,000 square feet. Utilities and curb cuts are already in place, streamlining the construction process and minimizing upfront costs. This single-tenant land lease provides immediate access to major transportation arteries, including Route 33, Route 22, and I-78, ensuring excellent connectivity and accessibility for employees and clients. The high-traffic location benefits from strong demographics and a vibrant surrounding area, featuring a diverse range of amenities such as retailers, restaurants, entertainment venues, and recreational facilities. This is an ideal location for medical and office users seeking a prominent presence in a thriving community. The property's Class A designation reflects its superior quality and potential for high-value development. Don't miss this chance to secure a prime commercial location with significant upside potential.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2001
Total area 10,646 SF
Lot 5.21 ac (226,948 SF)
Zoning code OB
APN M7NE3 6 1 0205
UPID US73-1724522
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
  • Eric C Kennedy, PT, DPT Physician
  • Kasey C Frey, PT, DPT Physician
  • William Shimer, PT, DPT Physician
  • Physical Therapy at St. Luke's - Commons Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.66M
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$1.85M
Owner & transaction history
Calantoni Family Limited Partnershi · 5 yrs held
Calantoni Family Limited Partnershi
since 2021
7 recorded transactions
2021
Price N/A
2020
Price N/A
2017
Price N/A
2017
Price N/A
2011
Price N/A
2010
Price N/A
1969
Price N/A
Zoning & alternative use
OB · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $1.7M +2.0%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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