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Property profile & analytics
FOR LEASE
Investment properties
74 W Broad St, Bethlehem, PA 18018
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-1835786
For Lease
1 / 2
$18,240,000
74 W Broad St, Bethlehem, PA 18018
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Property summary
AI-generated overview
Liberty Center, located at 74 W Broad St in Bethlehem, PA 18018, offers 120,386 square feet of Class A office space in a five-story building constructed in 2001. This single building sits on 0.9 acres and features a variety of office layouts suitable for teams of all sizes, ranging from open collaborative workspaces to private offices. The property is zoned 04CB and its APN is P6NE1D-6-6-0204. Tenancy is multiple, allowing for flexibility in lease terms and space configurations. A key advantage is the on-site parking garage, a unique feature in the downtown area, ensuring convenient access for employees and clients. The building's prime location in historic downtown Bethlehem provides easy access to numerous dining and entertainment options, as well as major transportation routes. Available spaces range from 1,900 to 30,000 square feet, offering customizable solutions to meet diverse operational needs. This property presents a rare opportunity to secure premium office space in a vibrant and convenient downtown setting.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
2001
Total area
120,386 SF
Lot
0.9 ac (39,269 SF)
Zoning code
CB
APN
P6NE1D 6 6 0204
UPID
US73-1835786
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
-
BDA Architects Interior Design Home Decor Store
-
Joanne P Mulligan, PA-C Physician
-
liberty center Business Service Center Corporate Office
-
Bitty & Beau's Coffee Cafe & Coffee Shop
-
Oberholtzer Custom Cabinetry General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.75M
Comparable Approach
Comparable
$21.86M
Blend (final)
Blend
$18.24M
Owner & transaction history
74 West Broad LLC · 9 yrs held
74 West Broad LLC
since 2016
3 recorded transactions
Zoning & alternative use
CB · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$19.3M
+7.8%
Medical building
$18.4M
+2.7%
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 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%
$20,315,000
6.5%
$18,750,000
7%
$17,415,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$17,900,000
Current use
RETAIL STORES
$19,285,000
Change: +8% · Conversion: Easy
MEDICAL BUILDING
$18,385,000
Change: +3% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$16,515,000
Change: -8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$14,585,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$18.24M
Range $16.42M – $20.06M · ±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
$152 / 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
$325,806
Tax year 2024
Assessed value
$3,686,000
Assessed 2024
Previous assessed
$4,889,700
-24.6% YoY
Effective rate
8.84%
On assessed value
Assessed land
$221,400
Assessed improvement
$3,464,600
Land market value
$442,800
Improvement market value
$6,929,200
Total market value
$7,372,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
For Lease
Year built
2001
Heating
YES
Cooling
CENTRAL
Units
1
Total area
120,386 SF
Lot
0.9 ac (39,269 SF)
Zoning code
CB
APN
P6NE1D 6 6 0204
UPID
US73-1835786
Jurisdiction
NORTHAMPTON
Zoning & alternative use
CB · Bethlehem, PA
Zoning CB · permitted uses
CB · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$17.9M
RETAIL STORES
Est. value
$19.3M
MEDICAL BUILDING
Est. value
$18.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.5M
AUTO REPAIR, GARAGE
Est. value
$14.6M
COMMERCIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2001
Heating
YES
Cooling
Yes
Units
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
74 West Broad LLC
Entity
Mailing address
74 W BROAD ST STE #304, BETHLEHEM, PA 18018-5738
Ownership since
2016
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
Mar 12, 2021
—
74 West Broad LLC
—
Deed
related
$3,000,000 · Univest Bank & Trust Co
Dec 20, 2017
—
74 West Broad LLC
—
Grant Deed
related
$12,616,000 · Univest Bk & Tr Co
Dec 30, 2016
$11,200,000
74 West Broad LLC
Liberty Property LP
Special Warranty Deed
$8,960,000 · Univest Bank & Trust Co
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.
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