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    942 S Broadway Wind Gap, PA 18091

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    942 S Broadway Wind Gap, PA 18091

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    • Commercial real estate
    For Sale
    $500,000
    View Listing →
    Pad Site on Route 512 For Sale
    $500,000
    0.50 Acres

    Pad Site on Route 512

    0.5 acre pad site with high visibility and accessibility.

    942 S Broadway, Wind Gap, PA
    View Listing
    Property ID
    US73-1196195
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 942 S Broadway

    Property type
    Commercial real estate

    Description

    This exceptional 0.5-acre commercial land parcel is ideally situated on a high-traffic corner of South Broadway in Wind Gap, Pennsylvania. Its prime location offers unparalleled visibility and accessibility, boasting a signalized intersection for optimal exposure. The property enjoys full access from Route 512, ensuring convenient ingress and egress for businesses and customers alike. This single-tenant land opportunity presents a unique chance to establish a prominent presence in a thriving commercial corridor serving the Wind Gap community. The lot's size provides ample space for development, catering to a variety of commercial ventures. With its strategic location and high visibility, this property is poised for significant success. Located in Northampton County, Pennsylvania, with a zip code of 18091, this property is ready for immediate development. The address is 942 S Broadway, Wind Gap, PA. This is a rare opportunity to acquire a highly visible and accessible commercial lot in a desirable location. The property is zoned for commercial use (verification of zoning is recommended). The site is level and ready for construction. Don't miss this chance to secure a prime location for your business.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wind Gap
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.2969269
    Latitude
    40.8376509

    Comparable in this City

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      95,832 SF

      Wind Gap Office Space Available

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      Grocery Anchored Shopping Center Space

      Dominant shopping center anchored by Giant Grocery.
      801-837 Male Rd, Wind Gap, PA 18091
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    • $1,800 /Mo
      6,752 SF

      Storefront Space in Wind Gap

      High-traffic location with storefront space available for immediate possession.
      67 Park Ave, Wind Gap, PA 18091
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      2,400 SF

      Grocery Anchored Retail Space

      Retail space in dominant shopping center, Wind Gap, Pennsylvania.
      837 Male Rd, Wind Gap, PA 18091
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    • $9 SF/Yr

      Refurbished Industrial Space Available

      8,812 SF industrial space for lease near Route 33.
      35 Beers Way, Wind Gap, PA 18091
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    • Contact for pricing
      162,340 SF

      Wind Gap Warehouse Space Available

      Modern warehouse with ample loading doors and parking.
      1380 Jacobsburg Rd, Wind Gap, PA 18091
      View Details

    Similar Nearby for Sale

    • $1,250,000
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      Highway Interchange Zoned Land

      Shovel-ready 2.9 acres at Rt 33/512 interchange.
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      Commercial Land Near Route 33

      Commercial land for sale near Route 33 in Wind Gap.
      976 S Broadway, Wind Gap, PA 18091
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    • $350,000

      Commercial Land on Rt. 512

      Commercial land for sale near Route 33 in Wind Gap.
      1000 S Broadway, Wind Gap, PA 18091
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    • $350,000
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      Commercial Land Near Route 33

      Commercial land for sale on busy Rt. 512, near Route 33.
      976 S Broadway, Wind Gap, PA 18091
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    • $3,250,000
      25 SF

      Wind Gap Land with Frontage

      25 acres in Wind Gap with Route 33 frontage.
      425 Kromer Rd, Wind Gap, PA 18091
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      0.44 Acres

      Prime Land on PA Route 33

      0.44-acre vacant land parcel on PA Route 33.
      Pa Rte 33, Wind Gap, PA 18091
      View Details

    Similar Nearby for Lease

    • $1,800 /Mo
      6,752 SF

      Storefront Space in Wind Gap

      High-traffic location with storefront space available for immediate possession.
      67 Park Ave, Wind Gap, PA 18091
      View Details
    • Contact for pricing
      2,400 SF

      Grocery Anchored Retail Space

      Retail space in dominant shopping center, Wind Gap, Pennsylvania.
      837 Male Rd, Wind Gap, PA 18091
      View Details
    • Contact for pricing

      Grocery Anchored Shopping Center Space

      Dominant shopping center anchored by Giant Grocery.
      801-837 Male Rd, Wind Gap, PA 18091
      View Details
    • $9 SF/Yr

      Refurbished Industrial Space Available

      8,812 SF industrial space for lease near Route 33.
      35 Beers Way, Wind Gap, PA 18091
      View Details
    • Contact for pricing
      162,340 SF

      Wind Gap Warehouse Space Available

      Modern warehouse with ample loading doors and parking.
      1380 Jacobsburg Rd, Wind Gap, PA 18091
      View Details
    • $9 SF/Yr

      Refurbished Warehouse Near Route 33

      8,812 SF warehouse suitable for passive storage near Route 33.
      35 Beers Way, Wind Gap, PA 18091
      View Details
    View Listing
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    942 S Broadway
    Wind Gap, PA 18091
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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