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Property profile & analytics

580 S Broad St Nazareth, PA 18064

  • Turn key restaurants
  • 2,485 SF
  • 0.39 lot acres
Value Estimations
$345,000
Cap Rate Potential
Location Intelligence
Property ID
US73-5700521
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.

Current Use by Public Records

  • Turn key restaurants

Property Details for 580 S Broad St

Year built
1989
Lot size
0.39 lot acres
Property size
2,485 SF
Zone code
LI
Property type
Turn key restaurants
APN
K7NE2A 4 16A 0421
APU
K7NE2A416A0421

Description

This exceptional 2,485-square-foot retail space, located at 580 S Broad St in Nazareth, Pennsylvania, presents a unique investment opportunity. The property, built in 1989 and extensively renovated in 2021, sits on a 0.39-acre lot and boasts a single-tenant occupancy. Currently vacant, the space offers significant potential for a variety of uses. Previously occupied by a Pizza Hut restaurant, the building requires some renovation to suit a new tenant's needs. However, its adaptable layout makes it suitable for a range of businesses, including restaurants (pizza, BBQ, Asian cuisine, etc.), or even conversion to medical or professional office space. A key advantage is the dedicated parking lot providing 35 spaces, ensuring ample customer and employee parking. The property is zoned 21LI within Northampton County and features one single-story building. The APN is K7NE2A-4-16A-0421. This high-visibility location in Nazareth, PA (zip code 18064) offers excellent accessibility and strong potential for attracting a diverse clientele. Don't miss this chance to acquire a versatile commercial property in a thriving community.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $295,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $392,000
    Market price range: $112k - $497k
    AI Estimate
    $289,000
    Market price range: $117k - $296k
  • Alternative Use

    Use
    Estimation
    RESTAURANT
    $280,000
    Current use
    MEDICAL BUILDING
    $380,000
    Change: +36% Conversion: Difficult
    RETAIL STORES
    $330,000
    Change: +18% Conversion: Easy
    AUTO REPAIR, GARAGE
    $260,000
    Change: -6% Conversion: Difficult

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


Location Insight

  • Map
  • Local Demand
City
Nazareth
County
Northampton
State
Pennsylvania
Longitude
-75.3098
Latitude
40.7332
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
$8,923
$41,000
$63,600
$104,600
-
$82,000
$127,200
$209,200
More about this property
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