Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$14,220,000
Grocery and convenience stores
5000 Wegmans Dr Bethlehem, PA 18017-9409
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US73-2680839
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2000
Total area
120,359 SF
Lot
22.49 ac (979,664 SF)
Zoning code
R1S
APN
M6 24 7 0214
UPID
US73-2680839
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
-
Wegmans Wine & Beer Specialty Food Shop Wine and Liquor Store
-
Wegmans Pharmacy Pharmacy
-
Wegmans Grocery & Convenience Store Food Market
-
Coinstar Bank Credit Union
-
Wegmans Delivery & Curbside Pickup Take-out & Catering Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.34M
Comparable Approach
Comparable
$16.51M
Blend (final)
Blend
$14.22M
Owner & transaction history
Deluca Enterprises INC · 25 yrs held
Deluca Enterprises INC
since 2001
3 recorded transactions
Zoning & alternative use
R1S · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$15,535,000
6.5%
$14,340,000
7%
$13,315,000
Alternative Use
Use
Estimation
RETAIL STORES
$20,225,000
Current use
MEDICAL BUILDING
$18,380,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,165,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$14.22M
Range $12.80M – $15.64M · ±10%
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
$118 / 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
$342,623
Tax year 2024
Assessed value
$4,699,900
Assessed 2024
Previous assessed
$4,699,900
+0.0% YoY
Effective rate
7.29%
On assessed value
Assessed land
$561,200
Assessed improvement
$4,138,700
Land market value
$1,122,400
Improvement market value
$8,277,400
Total market value
$9,399,800
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2000
Heating
YES
Cooling
CENTRAL
Total area
120,359 SF
Lot
22.49 ac (979,664 SF)
Zoning code
R1S
APN
M6 24 7 0214
UPID
US73-2680839
Jurisdiction
NORTHAMPTON
Zoning & alternative use
R1S · Bethlehem, PA
Zoning R1S · permitted uses
R1S · 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
RETAIL STORES Current
Est. value
$20.2M
MEDICAL BUILDING
Est. value
$18.4M
COMMERCIAL (GENERAL)
Est. value
$17.2M
RETAIL STORES Current
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
2000
Heating
YES
Cooling
Yes
Lot
22.49 ac
Current owner
From public records · entity-resolved
Deluca Enterprises INC
Entity
Mailing address
PO BOX 30844, ROCHESTER, NY 14603-0844
Ownership since
2001
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2001
$1,628,000
Deluca Enterprises INC
Wegmans Food Markets INC
Grant Deed
$38,500,000 · Sovereign Bank
—
—
Bethlehem Medical Arts LP
—
Deed Of Trust
related
$491,760 · American Bank
—
—
Radiology & Mri Of Bethlehem
—
Deed Of Trust
related
$480,434 · Nazareth Nat'l Bank & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5000 Wegmans Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
