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    365 Whitehall Street Allentown City, PA 18102

    View on Map
    Sponsored
    For Sale
    $1,400,000

    Prime Allentown location, high-ceiling warehouse space.

    Property size:
    15,844 SF

    Property Features for 365 Whitehall Street

    General Information

    Property type
    Opportunity zone commercial real estate
    Square Feet
    15,844 SF
    Price / Square Foot
    $88
    Elevators
    N/A
    Lot Size
    38,725 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    2

    Overview

    Allentown Commercial Building Investment

    Located at 365 Whitehall Street in Allentown City, Pennsylvania 18102, this all-brick building offers a substantial 15,844 square feet of space on a 0.89-acre corner lot. The building features 14-foot ceilings, making it suitable for warehousing, wholesaling, or storage. Its location near the new Waterfront development and American Parkway provides visibility and accessibility. The second-floor space is at loading dock grade, facilitating loading and unloading operations. This secure and well-maintained building offers potential for businesses seeking expansion or a presence in a growing area. Its proximity to major transportation routes enhances its logistical advantages.

    We can help!

    Listing Contact
    Loren Keim

    Learn more

    Property Insight Report

    HighLights

    • All‑brick corner lot building with 14' ceilings.
    • Prime Allentown location near new waterfront development and American Parkway.
    • Ideal for warehousing, wholesaling, or storage; easy loading dock access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zami Printing (Bike/Boat/Book/etc) Store RDCARSHOW LLC Industrial Manufacturer ahuevo tacos Restaurant

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Allentown City
    State
    Pennsylvania
    Longitude
    -75.470436
    Latitude
    40.618277

    Nearby Comparable

    • $1,400,000
      15,844 SF

      Fully-Leased Industrial Investment Property

      15,467 SF industrial building, 100% leased, $121,000 gross income.
      365 Whitehall St, Allentown, PA 18102
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    • $450,000
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      Mixed-Use Property with Warehouse

      Allentown City property offering residential and commercial/industrial use.
      359 W Tilghman St, Allentown, PA 18102
      View Details
    • $379,900
      3,126 SF

      Mixed-Use Property in Allentown, PA

      Mixed-use property with commercial space and residential units.
      431 W Tilghman St, Allentown, PA 18102
      View Details
    • $1,350,000
      4,770 SF

      Whitehall Auto Sales & Service

      Auto sales and service center on 1.172 acres.
      615 Sumner Ave, Whitehall, PA 18052
      View Details
    • Contact for pricing

      Allentown Vacant Lot For Sale

      Vacant lot in Allentown, currently used as parking.
      516 N 2Nd St, Allentown, PA 18102
      View Details
    • $2,350,000

      Allentown Industrial/Mfg Opportunity

      42,000 SF industrial property in Allentown, PA for sale.
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      View Details
    • $1,900,000

      Adaptable Industrial Building For Sale

      Industrial building with I-2 zoning, tailgate and drive-in loading.
      313 W Gordon St, Allentown, PA 18102
      View Details
    • $4,800,000
      107,000 SF

      Allentown Industrial Portfolio

      Four Buildings, 107,000 SF
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      View Details
    • Contact for pricing
      0.06 Acres

      Allentown Retail Space For Lease

      Prime Allentown Retail, High Visibility
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      View Details

    FAQs

    What type of property is this?
    Opportunity zone commercial real estate - Prime Allentown location, high-ceiling warehouse space.
    Where is this opportunity zone commercial real estate located?
    The property is located at 365 Whitehall Street Allentown City, PA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: All-brick corner lot building with 14' ceilings.; Prime Allentown location near new waterfront development and American Parkway.; Ideal for warehousing, wholesaling, or storage; easy loading dock access.
    (610) 866-6363
    Request Owner's contact information
    365 Whitehall Street Allentown City, PA 18102
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    Allentown City, PA 18102
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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
    365 Whitehall Street Allentown City, PA 18102
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    We can help!
    Listing Contact
    Loren Keim
    (610) 866-6363
    Learn more
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