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Property profile & analytics
FOR LEASE
Grocery and convenience stores

859 Nazareth Pike Nazareth, PA 18064

116,536 SF 7.31 ac lot Built 1990
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-4041233
859 Nazareth Pike, Nazareth, PA 18064 For Lease
$8,165,000
859 Nazareth Pike, Nazareth, PA 18064
View Listing →
Property summary
AI-generated overview

This exceptional 6.22-acre parcel of commercially zoned land presents a remarkable investment opportunity in the thriving Nazareth, Pennsylvania market. Located at 859 Nazareth Pike, this single-tenant property offers unparalleled access and visibility. Its strategic position adjacent to Nazareth Plaza, a significant 181,000 square foot grocery-anchored shopping center, ensures high traffic and exposure. The property boasts convenient access from both Easton Road and Nazareth Plaza, providing multiple points of ingress and egress for optimal operational efficiency. Situated in Northampton County, with a 16064 zip code, this expansive lot is ideally suited for a variety of commercial developments, capitalizing on the area's robust retail and industrial growth. The zoning designation is Commercial, making it suitable for a wide range of uses. This is a rare chance to acquire a substantial land holding in a dynamic and expanding market, offering significant potential for future development and strong returns. The property's size and location make it an attractive proposition for businesses seeking a prominent presence in this desirable area of Pennsylvania.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1990
Total area 116,536 SF
Lot 7.31 ac (318,424 SF)
Zoning code C
APN K7 17 5 0418
UPID US73-4041233
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
  • China Moon Restaurant
  • Domino's Pizza Take-out & Catering
  • GIANT Gas Station Gas Station
  • GIANT Pharmacy Pharmacy
  • Safe chimney General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.46M
Blend (final) Blend
$8.17M
Owner & transaction history
Laneco Plaza LP · 13 yrs held
Laneco Plaza LP
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
C · Nazareth, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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