Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    702 4th St Bethlehem, PA 18015-1887

    • Investment properties
    • 2,700 SF
    • 0.04 lot acres
    OFF-MARKET
    Last Sale
    Feb 04, 2021
    $250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-0209134
    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

    • Antillana Meat Market / Grocery & Convenience Store / Food Market

    Property Details for 702 4th St

    Year built
    1920
    Lot size
    0.04 lot acres
    Property size
    2,700 SF
    Zone code
    CG
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    P6SE2A 20 1 0204
    APU
    P6SE2A2010204

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bethlehem
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.3692
    Latitude
    40.6105
    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
    $3,491
    $13,200
    $26,300
    $39,500
    -
    $26,400
    $52,600
    $79,000

    Comparable in this City

    • Value Estimation
      $540,000
      5,580 SF

      418 3rd St

      STORE/OFFICE (MIXED USE) • 5,580 SF
      418 3rd St, Bethlehem, PA 18015-1312
      View Details
    • Value Estimation
      $815,000
      7,920 SF

      19 Morton St

      STORE/OFFICE (MIXED USE) • 7,920 SF
      19 Morton St, Bethlehem, PA 18015-1633
      View Details
    • Value Estimation
      $590,000
      6,480 SF

      119 4th St

      STORE/OFFICE (MIXED USE) • 6,480 SF
      119 4th St, Bethlehem, PA 18015-1605
      View Details
    • Value Estimation by Request
      2,430 SF

      337 Broadway

      STORE/OFFICE (MIXED USE) • 2,430 SF
      337 Broadway, Bethlehem, PA 18015-1781
      View Details
    • Value Estimation by Request
      2,970 SF

      744 4th St

      STORE/OFFICE (MIXED USE) • 2,970 SF
      744 4th St, Bethlehem, PA 18015-1808
      View Details
    • Value Estimation by Request
      2,720 SF

      417 Wyandotte St

      STORE/OFFICE (MIXED USE) • 2,720 SF
      417 Wyandotte St, Bethlehem, PA 18015-1579
      View Details

    Similar Nearby for Sale

    • $700,000
      0.06 Acres

      Thriving Bethlehem Bar/Restaurant

      Turn-key business, prime Southside location.
      313 St, Bethlehem, PA 18015
      View Details
    • Contact for pricing
      14,000 SF

      One Acre Redevelopment Opportunity

      Mixed-use redevelopment site with parking near Lehigh University.
      531 S Clewell St, Fountain Hill, PA 18015
      View Details
    • New
      $350,000
      1,931 SF

      Former Church with Redevelopment Potential

      Unique property in South Bethlehem with endless possibilities.
      1521 E 6Th St, Bethlehem, PA 18015
      View Details
    • New
      $350,000
      1,931 SF

      Former Church with Redevelopment Potential

      Unique property in South Bethlehem with endless possibilities.
      1521 E 6Th St, Bethlehem, PA 18015
      View Details
    • $1,750,000
      4,710 SF

      Bethlehem 10-Unit Multifamily Investment

      High-Yield Bethlehem Multifamily, Turnkey Ready
      1147 4Th St, Bethlehem, PA 18015
      View Details
    • $625,000
      0.80 Acres

      Prime Development Land Opportunity

      0.8 acres at signalized intersection, excellent development potential.
      3632 Route 378, Bethlehem, PA 18015
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Property in Bethlehem

      Mixed-use property attached to a 600-car parking garage.
      306 S New St, Bethlehem, PA 18015
      View Details
    • Contact for pricing
      3,221 SF

      Bethlehem Mixed-Use Building Retail/Office Space

      Mixed-use building with retail and office space for lease.
      306 South New St, Bethlehem, PA 18015
      View Details
    • $18 SF/Yr
      1,800 SF

      Retail Space in Saucon Valley

      1,800 SF retail space with high ceilings and amenities.
      3600 Pa-378, Bethlehem, PA 18015
      View Details
    • Contact for pricing
      833,280 SF

      Bethlehem Warehouse and Distribution Space

      Large industrial space with 40' ceilings and extensive parking.
      3905 Commerce Center Blvd, Bethlehem, PA 18015
      View Details
    • $18 SF/Yr
      127,544 SF

      Retail Space in Saucon Valley

      1,800 SF retail space with high ceilings and amenities.
      3600 Route 378, Bethlehem, PA 18015
      View Details
    • $2,000 /Mo
      4,356 SF

      Bethlehem City Commercial Space Available

      First floor commercial space in Southside Bethlehem available for rent.
      408 E Adams St, Bethlehem, PA 18015
      View Details
    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.
    702 4th St
    Bethlehem, PA 18015-1887
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!