Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$58,090,000
Manufacturing properties
7378 Airport Rd Bath, PA 18014-8807
Entity Owned
1-yr Hold
Free & Clear
Property ID
US73-2940509
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1955
Total area
452,012 SF
Lot
40.39 ac (1,759,388 SF)
Zoning code
PC
APN
L5 7 2 0508
UPID
US73-2940509
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
-
D-MAC Industries Allentown Factory Production Facility
-
vitamin well Freight Service Logistics Company
-
Smart Warehousing Warehouse & Storage
-
Shaffer Family Pest Control Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$51.71M
Comparable Approach
Comparable
$62.10M
Blend (final)
Blend
$58.09M
Owner & transaction history
County Of Northampton · 1 yrs held
County Of Northampton
since 2025
7 recorded transactions
Zoning & alternative use
PC · Bath, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$69.0M
+86.4%
Retail stores
$59.8M
+61.5%
Restaurant
$50.6M
+36.7%
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 Bath submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bath 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
$60,460,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$56,010,000
6.5%
$51,705,000
7%
$48,010,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$37,040,000
Current use
MEDICAL BUILDING
$69,020,000
Change: +86% · Conversion: Difficult
RETAIL STORES
$59,815,000
Change: +62% · Conversion: Moderate
RESTAURANT
$50,615,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$50,320,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$47,590,000
Change: +29% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$36,880,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$58.09M
Range $52.28M – $63.90M · ±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
$129 / 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
$981,985
Tax year 2024
Assessed value
$13,450,000
Assessed 2024
Previous assessed
$6,218,600
+116.3% YoY
Effective rate
7.30%
On assessed value
Assessed land
$1,652,000
Assessed improvement
$11,798,000
Land market value
$3,304,000
Improvement market value
$23,596,000
Total market value
$26,900,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1955
Heating
YES
Cooling
CENTRAL
Stories
2
Units
1
Rooms
8
Bathrooms
1
Total area
452,012 SF
Lot
40.39 ac (1,759,388 SF)
Zoning code
PC
APN
L5 7 2 0508
UPID
US73-2940509
Jurisdiction
NORTHAMPTON
Zoning & alternative use
PC · Bath, PA
Zoning PC · permitted uses
PC · Bath, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bath. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$37.0M
MEDICAL BUILDING
Est. value
$69.0M
RETAIL STORES
Est. value
$59.8M
RESTAURANT
Est. value
$50.6M
COMMERCIAL (GENERAL)
Est. value
$50.3M
AUTO REPAIR, GARAGE
Est. value
$47.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$36.9M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
RETAIL STORES
RESTAURANT
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
1955
Heating
YES
Cooling
Yes
Stories
2
Units
1
Rooms
8
Bathrooms
1
Lot
40.39 ac
Current owner
From public records · entity-resolved
County Of Northampton
Entity
Free & Clear · 1 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 7, 2025
—
County Of Northampton
7378 Airport Rd LLC
Deed
—
Dec 19, 2023
$60,250,000
7378 Airport Rd LLC
Lhv Nor Bath Lot 1 LLC
Special Warranty Deed
—
Dec 19, 2023
—
7378 Airport Rd LLC
Lhv Nor Bath Lot 1 LLC
Quit Claim Deed
related
—
Aug 4, 2021
—
Lhv Nor Bath Lot 1 LLC
—
Deed
related
$29,000,000 · Cibc Bank USA
Jul 16, 2019
—
Lhv Nor Bath Lot 1 LLC
—
Grant Deed
related
$25,000,000 · Cibc Bk USA
Nov 19, 2018
$9,248,288
Lhv Nor Bath Lot 1 LLC
Lhv Airport Road Lot 1 LLC
Grant Deed
—
May 12, 2017
—
Lhv Airport Road Lot 1 LLC
Lehigh Grains INC
Special Warranty Deed
—
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 7378 Airport Rd?
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.
