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Property profile & analytics
FOR LEASE
Medical Office Space
701 #1 Un Blvd Bethlehem, PA 18018
Individually Owned
6-yr Hold
Free & Clear
Property ID
US73-0410873
For Lease
1 / 9
$1,600/Mo
701 #1 Un Blvd, Bethlehem, PA 18018
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Total area
8,544 SF
Lot
0.43 ac (18,570 SF)
Zoning code
RT
APN
642729728724-1
UPID
US73-0410873
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
-
Mrs. Jennifer Doyle Physician
-
4Directions Counseling, LLC Counselor
-
Caraway CPA LLC Accounting Firm Tax Preparation
-
Buss Diane Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$840k
Comparable Approach
Comparable
$450k
Blend (final)
Blend
$740k
Owner & transaction history
Thomas Bui · 6 yrs held
Thomas Bui
since 2019
3 recorded transactions
Zoning & alternative use
RT · 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%
$910,000
6.5%
$840,000
7%
$780,000
Blend value · Realmo final
$740k
Range $666k – $814k · ±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
$87 / 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
$17,401
Tax year 2024
Assessed value
$612,700
Assessed 2024
Previous assessed
$612,700
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$133,900
Assessed improvement
$478,800
Land market value
$133,900
Improvement market value
$478,800
Total market value
$612,700
Applied tax rate
12.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1963
Heating
YES
Cooling
YES
Stories
2
Total area
8,544 SF
Lot
0.43 ac (18,570 SF)
Zoning code
RT
APN
642729728724-1
UPID
US73-0410873
Jurisdiction
LEHIGH
Zoning & alternative use
RT · Bethlehem, PA
Zoning RT · permitted uses
RT · 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
1963
Heating
YES
Cooling
Yes
Stories
2
Lot
0.43 ac
Current owner
From public records · entity-resolved
Thomas Bui
Individual
Free & Clear · 6 yrs held
Mailing address
2946 W LIBERTY ST, ALLENTOWN, PA 18104-4753
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Oct 22, 2019
$950,000
Thomas Bui
1126 Ventures LLC
Grant Deed
—
Nov 19, 2014
$525,000
1126 Ventures LLC
Cook Arnold R Family Trust
Grant Deed
$480,000 · American Bk
Jan 10, 2013
—
Cook Arnold R Family Unitrust
Cook,arnold R
Quit Claim Deed
related
—
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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