Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8123 Rte 873, Unit C Slatington, PA 18080

    Sponsored
    Picture of Strip malls at Rte 873 8123, Slatington, PA
    For Lease
    $25 SF/Yr

    COMMERCIAL - SLATINGTON, PA

    Type:Retail
    Property size:
    8,750 SF
    Lot size:
    2.45 Acres
    Days on Market:
    11
    Last Refresh:
    Jan 24 at 1:06 am

    Property Features for 8123 Rte 873

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Property condition
    Under Construction
    Standard status
    Active
    APN
    556228066451 001
    Parking features
    Parking Lot
    Size
    8,750 SF
    Lot size
    2.45 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2026
    Building materials
    Masonry

    We can help!

    Listing Contact
    Michael G. Makhoul

    Keller Williams Real Estate (610) 435-1800

    Listing agent Michael G. Makhoul (610) 390-3839

    Listing date Jan 14, 2026

    MLS# 770532

    Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Retail Strip Center on Route 873

    A newly approved 8,750 square foot retail strip center is now leasing at 8123 Route 873 in Washington Township, Slatington, PA. The property is located on the former Slate Bowl site. Situated on a 2.453-acre site along Route 873, the property offers visibility, road frontage, and access. The development is planned to feature retail spaces ranging from approximately 1,464 to 2,015 square feet, suitable for various retail and service uses. Specifically, Space C offers 1,533 square feet. The site will provide parking for customers and employees. Groundbreaking is scheduled for March 2026, with delivery anticipated in August 2026. The location is suitable for tenants seeking exposure in the Slatington/Washington Township market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Map

    City
    Slatington
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.606981
    Latitude
    40.764646

    Nearby Similar for Lease

    • New
      $15 SF/Yr
      16,509 SF

      Adaptable Commercial Space in Slatington

      Flexible commercial suites in Slatington's core with high visibility.
      705 Main St, Slatington, PA 18080
      View Details
    • New
      $16 SF/Yr
      16,509 SF

      Adaptable Commercial Space in Slatington

      Flexible commercial suites in Slatington's core with high visibility.
      705 Main St, Slatington, PA 18080
      View Details
    • $3 SF/Yr

      Slatington Commercial Space Available

      New commercial spaces available in Slatington Farmers Market.
      8281 Pa Route 873, Slatington, PA 18080
      View Details
    • $900 /Mo

      Affordable Retail Space in Slatington

      Small business opportunity with foot traffic in Slatington Boro.
      243 S Walnut St, Slatington, PA 18080
      View Details
    • $25 SF/Yr
      106,853 SF

      Retail Strip Center on Route 873

      Proposed 8,750 SF retail strip center with high visibility.
      8123 Rte 873, Slatington, PA 18080
      View Details
    • $25 SF/Yr
      106,853 SF

      Retail Strip Center on Route 873

      Proposed retail strip center with spaces from 1,464 to 2,015 SF.
      8123 Rte 873, Slatington, PA 18080
      View Details
    • $25 SF/Yr
      106,853 SF

      Retail Strip Center on Route 873

      Proposed retail spaces available in Slatington, PA with high visibility.
      8123 Rte 873, Slatington, PA 18080
      View Details
    • $25 SF/Yr
      106,853 SF

      New Retail Strip Center

      Proposed retail spaces available in Slatington, PA with high visibility.
      8123 Rte 873, Slatington, PA 18080
      View Details

    FAQs

    What type of property is this?
    Strip mall - Proposed retail spaces available in Slatington, PA with high visibility.
    Where is this strip mall located?
    The property is located at 8123 Rte 873, Unit C Slatington, PA.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime location on highly traveled Route 873 with excellent visibility and strong road frontage.; - New construction: 8,750 SF retail strip center with delivery anticipated August 2026.; - Ample on-site parking and easy access for customers and employees.
    (610) 435-1800
    Request Owner's contact information
    8123 Rte 873, Unit C Slatington, PA 18080
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8123 Rte 873, Unit C
    Slatington, PA 18080
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    8123 Rte 873, Unit C Slatington, PA 18080
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael G. Makhoul
    (610) 435-1800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.