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Property profile & analytics
FOR LEASE
Medical Office Space

736 Delaware Ave Bethlehem, PA 18015

5,530 SF 0.42 ac lot Built 2021
Entity Owned 20-yr Hold ~ Est. High Equity
Property ID
US73-5937389
Property summary
AI-generated overview

This exceptional 2,600-square-foot office space is available for immediate lease in a brand-new, single-story building constructed in 2021. Located at 736 Delaware Avenue, Fountain Hill, Pennsylvania, this Class B property offers a prime location at the signalized intersection of Delaware Avenue and St. Luke's Place. The building itself totals 5,200 square feet, with the entire 2,600-square-foot space currently vacant and ready for occupancy. The property sits on a 0.42-acre lot (18,313 square feet) and boasts ample parking with 19 dedicated spaces. Convenient access to major roadways is a key advantage, with proximity to Routes 22, 33, 378, and Interstate 78. The property is zoned RO and features a single tenancy. Ideal for medical or executive office uses, this space presents a fantastic opportunity in Lehigh County (APN: 642733302685-1). The property's zip code is 18015.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2021
Construction WOOD FRAME
Total area 5,530 SF
Lot 0.42 ac (18,313 SF)
Zoning code RO
APN 642733302685-1
UPID US73-5937389
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$360k
CAP Approach CAP
$545k
Comparable Approach Comparable
$690k
Blend (final) Blend
$530k
Owner & transaction history
736 Delaware Associates LLC · 20 yrs held
736 Delaware Associates LLC
since 2006
5 recorded transactions
2022
Price N/A
2021
Price N/A
2020
Price N/A
2006
$345,000
1969
Price N/A
Zoning & alternative use
RO · Fountain Hill, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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