701 BroadBethlehem, PA 18018

  • Office properties
  • 21,420 SF
For Sale
$2,500,000 View listing

Property Details for 701 Broad

Year built
1960
Lot size
0.38 AC
Property size (Sq ft)
21,420 SF
Zone code
CL
Property type
Office properties
Property subtype
Office buildings
APN
642728821419-1
APU
6427288214191

Valuation
by PT Realty methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,321,060
    6.5%
    $4,911,748
    7%
    $4,560,908
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,817,550
    Geo Method
    $2,798,737
  • Alternative Use

    Use
    Valuation
    Residential
    $6,090,567
    Hospitality
    $5,578,927
    Educational
    $4,641,602
    Medical
    $4,801,234
    Retail
    $7,220,269
701 Broad, Bethlehem, Pennsylvania

Location Insight

City
Bethlehem
County
Lehigh
State
Pennsylvania
Latitude
40.6222
Longitude
-75.3926
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

  • Assessed Improved Value
    $1,623,500
  • Assessed land value
    $116,600
  • Assessed value
    $1,740,100
  • Tax year
    2024
  • Tax bill
    $49,419

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