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Property profile & analytics
OFF-MARKET
Estimated value
$4,350,000
Bars & Pubs
432 5th St, Bethlehem, PA 18015-1822
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-1722907
Property profile
Verified
Property type
Bars & Pubs
Use group
BAR, TAVERN
Year built
1920
Total area
3,380 SF
Lot
0.05 ac (2,200 SF)
Zoning code
RM
APN
P6SE1C 4 8 0204
UPID
US73-1722907
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.35M
Owner & transaction history
A1 Lehigh 1 LLC · 2 yrs held
A1 Lehigh 1 LLC
since 2024
Last sale
$4.4M
5 recorded transactions
Zoning & alternative use
RM · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$4,350,000
ML approach
$4,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.35M
Range $3.92M – $4.79M · ±10% · vs last sale $4.35M (May 14 2024)
Last sale anchor
$4.35M
May 14 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
$1,287 / 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
$4,879
Tax year 2024
Assessed value
$55,200
Assessed 2024
Previous assessed
$55,200
+0.0% YoY
Effective rate
8.84%
On assessed value
Assessed land
$13,200
Assessed improvement
$42,000
Land market value
$26,400
Improvement market value
$84,000
Total market value
$110,400
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
Bars & Pubs
Use group
BAR, TAVERN
Status
Off-Market
Year built
1920
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
3,380 SF
Lot
0.05 ac (2,200 SF)
Zoning code
RM
APN
P6SE1C 4 8 0204
UPID
US73-1722907
Jurisdiction
NORTHAMPTON
Zoning & alternative use
RM · Bethlehem, PA
Zoning RM · permitted uses
RM · 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.
Building & site characteristics
From public records
Year built
1920
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.05 ac
Current owner
From public records · entity-resolved
A1 Lehigh 1 LLC
Entity
Mailing address
598 BROADWAY, NEW YORK, NY 10012-3351
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2024
$4,350,000
A1 Lehigh 1 LLC
Lower Canton Street Realty LLC
Special Warranty Deed
$9,919,500 · Corevest American Finance Lender LLC
Apr 6, 2021
—
Lower Carlton Street Realty LLC
Joseph P Bianco
Special Warranty Deed
—
Nov 21, 2018
—
Joseph P Bianco
—
Deed
related
$336,000 · Dolores L Ottesen
Dec 12, 2014
—
Joseph P Bianco
Bianco,frank A
Quit Claim Deed
related
$336,000 · Dolores L Ottesen
—
—
Joseph P Bianco
—
Loan Modification
related
$336,000 · Dolores L Ottesen
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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