Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    462 Bushkill Center Rd Nazareth, PA 18064
    Back to Search
    Property profile & analytics

    462 Bushkill Center Rd, Nazareth, PA 18064

    View on Map
    • Investment properties
    • 3,049 SF
    • 0.34 lot acres
    For Sale
    $469,900
    View Listing →
    Iconic Building on Bushkill Center For Sale
    $469,900
    3,049 SF

    Iconic Building on Bushkill Center

    Commercial building with showroom, offices, storage, and parking.

    462 Bushkill Center Rd, Nazareth, PA 18064
    View Listing
    Property ID
    US73-5729166
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Missing Piece / (Bike/Boat/Book/etc) Store

    Property Details for 462 Bushkill Center Rd

    Year built
    1934
    Lot size
    0.34 lot acres
    Zone code
    NC
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    J7NE2 2 12 0406
    APU
    J7NE22120406

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 21, 2023 — Jason Kaniper — Deed · related $304k · Embassy Bank For The Lehigh Valley
    Feb 6, 2023 $380,000 Jason Kaniper Kar Rentals LLC Deed —
    Nov 16, 2006 $315,000 Kar Rentals L L C George A Paybins Warranty Deed $252k · Merchants National Bank
    — — Kar Rentals LLC — Deed Of Trust · related $76k · Merchants Bank

    Description

    This iconic 3,049 square foot commercial building, situated on a 0.35-acre lot at 462 Bushkill Center Road in Nazareth, Pennsylvania, presents a unique investment opportunity. Established in 1934, this solid brick structure boasts a rich history as a successful retail and furniture store, benefiting from superb exposure on a heavily traveled road within the Nazareth School District. The main floor features a spacious, open-concept layout ideal for a showroom, complemented by large front windows perfect for product displays and a half-bathroom. Upstairs, several versatile rooms are suitable for offices or other uses, along with a convenient kitchenette and a full bathroom. A large, dry basement provides ample storage space. The property offers convenient parking for up to eleven vehicles. A detached heated garage in the rear adds further potential for storage or additional office space. This property offers endless possibilities for a variety of commercial uses, capitalizing on its prime location and established history. The asking price is $469,900.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Nazareth
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.3092
    Latitude
    40.7595
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,154
    $15,300
    $39,500
    $54,800
    -
    $30,600
    $79,000
    $109,600

    Comparable in this City

    • Value Estimation by Request
      4,864 SF

      163 Main St

      STORE/OFFICE (MIXED USE)
      163 Main St, Nazareth, PA 18064-2020
      View Details
    • Value Estimation by Request
      4,204 SF

      550 Main St

      STORE/OFFICE (MIXED USE)
      550 Main St, Nazareth, PA 18064-2729
      View Details
    • Value Estimation by Request
      7,067 SF

      15 Tatamy Rd

      STORE/OFFICE (MIXED USE)
      15 Tatamy Rd, Nazareth, PA 18064-2423
      View Details
    • Value Estimation by Request
      6,894 SF

      35 Belvidere St

      STORE/OFFICE (MIXED USE)
      35 Belvidere St, Nazareth, PA 18064-2171
      View Details
    • Value Estimation by Request
      2,292 SF

      50 Main St

      STORE/OFFICE (MIXED USE)
      50 Main St, Nazareth, PA 18064-2036
      View Details
    • Value Estimation by Request
      4,780 SF

      109 Main St

      STORE/OFFICE (MIXED USE)
      109 Main St, Nazareth, PA 18064-2016
      View Details

    Similar Nearby for Sale

    • $750,000
      6,300 SF

      Renovated Nazareth Mixed-Use Commercial Property

      Multi-unit property with restaurant and apartment in prime Nazareth location.
      127 S Broad St, Nazareth, PA 18064
      View Details
    • $750,000
      6,300 SF

      Renovated Nazareth Mixed-Use Commercial Property

      Fully renovated mixed-use property with restaurant and apartment in Nazareth.
      127 S Broad St, Nazareth, PA 18064
      View Details
    • Contact for pricing
      2,772 SF

      Mixed-Use Building with Restaurant Space

      Ground-floor commercial space with approved food, retail, and service uses above an occupied 3-bed apartment.
      49 N Broad St, Nazareth, PA 18064
      View Details
    • Contact for pricing
      3,900 SF

      Renovated Mixed-Use Corner Property

      Fully renovated mixed-use property with store and apartments for sale.
      500 Belfast Rd, Nazareth, PA 18064
      View Details
    • Contact for pricing
      9,196 SF

      Industrial Property with Office Space

      Fenced 5.4-acre property with 10,000 SF building.
      585 Daniels Rd, Nazareth, PA 18064
      View Details
    • Contact for pricing
      4,832 SF

      High-Visibility Nazareth Retail Property

      Retail property with major intersection improvements and strong demographics.
      4348 Newburg Rd, Nazareth, PA 18064
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercially Zoned Land for Lease

      5-acre commercially zoned land adjacent to Nazareth Plaza.
      859 Nazareth Pike, Nazareth, PA 18064
      View Details
    • Contact for pricing

      Downtown Nazareth Contractor Space Available

      10223 Sq Ft contractor space in downtown Nazareth.
      25 S Broad St, Nazareth, PA 18064
      View Details
    • Contact for pricing
      12,000 SF

      Proposed Strip Center Near Wawa

      Proposed 12,000 SF strip center in growing Nazareth.
      4075 Jandy Blvd, Nazareth, PA 18064
      View Details
    • $23 SF/Yr

      Restaurant/Retail Space in Nazareth Boro

      Located on main corridor, perfect for restaurant or retail.
      580 S Broad St, Nazareth, PA 18064
      View Details
    • $775 /Mo

      Office Space in Nazareth

      350 sqft office space suitable for various businesses.
      26-1/2 Prospect St, Nazareth, PA 18064
      View Details
    • Contact for pricing

      Professional Office Suites For Lease

      Office suites in a professional business park setting.
      630 Municipal Dr, Nazareth, PA 18064
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    462 Bushkill Center Rd
    Nazareth, PA 18064
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    462 Bushkill Center Rd, Nazareth, PA, 18064
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!