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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Office buildings
902 4th Ave Bethlehem, PA 18018-3702
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US73-0440986
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
10,810 SF
Lot
2.5 ac (109,074 SF)
Zoning code
CG
APN
642739894152-1
UPID
US73-0440986
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
-
Celtic Cultural Alliance Charitable Organization Social Service Agency
-
ITR | Industrial Technology Research Industrial Consultant
-
Ernest & Sons Plumbing Plumbing Service Building Supply
-
Itrco LP Research Foundation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.30M
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.31M
Owner & transaction history
Avenue 4 LLC · 13 yrs held
Avenue 4 LLC
since 2012
6 recorded transactions
Zoning & alternative use
CG · Bethlehem, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.1M
+27.8%
Retail stores
$1.7M
+7.7%
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%
$1,405,000
6.5%
$1,295,000
7%
$1,205,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,610,000
Current use
RESTAURANT
$2,055,000
Change: +28% · Conversion: Moderate
RETAIL STORES
$1,730,000
Change: +8% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,605,000
Change: 0% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,485,000
Change: -8% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,310,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±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
$121 / 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
$25,887
Tax year 2024
Assessed value
$911,500
Assessed 2024
Previous assessed
$911,500
+0.0% YoY
Effective rate
2.84%
On assessed value
Assessed land
$78,000
Assessed improvement
$833,500
Land market value
$78,000
Improvement market value
$833,500
Total market value
$911,500
Applied tax rate
11.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Heating
YES
Cooling
YES
Stories
1
Total area
10,810 SF
Lot
2.5 ac (109,074 SF)
Zoning code
CG
APN
642739894152-1
UPID
US73-0440986
Jurisdiction
LEHIGH
Zoning & alternative use
CG · Bethlehem, PA
Zoning CG · permitted uses
CG · 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
OFFICE BUILDING Current
Est. value
$1.6M
RESTAURANT
Est. value
$2.1M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING Current
RESTAURANT
RETAIL STORES
COMMERCIAL (GENERAL)
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
1971
Heating
YES
Cooling
Yes
Stories
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Avenue 4 LLC
Entity
Mailing address
902 4TH AVE, BETHLEHEM, PA 18018-3702
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2012
$885,000
Avenue 4 LLC
Vitalistic Therapeutic Center
Grant Deed
$442,500 · Bank Of America
—
—
Avenue 4 LLC
—
Loan Modification
related
$442,500 · Bank Of America
—
—
Avenue 4 LLC
—
Deed Of Trust
related
$366,000 · Lehigh Valley Economic Dev Cor
—
—
Avenue 4 LLC
—
Deed Of Trust
related
$200,000 · M & T Bank
—
—
Vitalistic Therapeutic Center
—
Deed Of Trust
related
$60,000 · Wells Fargo Bank
—
—
Vitalistic Therapeutic Center
—
Deed Of Trust
related
$795,000 · Wells Fargo Bank
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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