Allenwood Motel Redevelopment
For Sale
$2,699,000
1058 Hausman Rd, Allentown, PA 18104
22-room motel on 5.5 acres for redevelopment or continued operation.
Property Size8,440 SF
Lot Size5.55 Acres
Price / SF$319.79
Days on Market262
Property Features for 1058 Hausman Rd
General Information
Standard status
Active
Size
8,440 SF
Lot size
5.55 Acres
Taxes and HOA fees
Annual Taxes
$15,800
Listing Agency:
Keller Williams Allentown
Listed By:
Yousef Alhaddad
(610) 435-1800
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 23 at 5:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Allentown
Investment Insights
Based on property information with market context.
The Allenwood Motel, a 22-room, single-story hospitality property, is available for purchase. It is situated on approximately 5.5 acres in South Whitehall Township at the end of a cul-de-sac just off the Route 22 interchange. The property is zoned IC-1 (Industrial Commercial), supporting a range of uses including hotels, medical offices, flex industrial, retail, and mixed-use commercial development. Building heights up to 70 feet are permitted. The property has access to public water and sewer. The current motel structure spans approximately 8,440 square feet and benefits from over 450 feet of frontage. The property is located minutes from I-78, Route 309, Lehigh Valley Hospital–Cedar Crest, and Dorney Park. Route 22 nearby sees estimated traffic volumes of over 80,000 vehicles per day. This property presents an opportunity to continue operating the existing motel, explore adaptive reuse, or reposition the site for a higher and better use in one of the Lehigh Valley’s most connected commercial corridors.
Key Highlights
- Prime Commercial Redevelopment Opportunity: Zoned IC‑1, this 5.5± acre parcel allows for a wide range of uses.
- Strategic Location: Situated just off Route 22, offering high visibility and accessibility.
- Existing Operating Motel: The Allenwood Motel provides immediate income potential.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$103,955
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,079,100
$2.1M
Cap Rate 7%
$1,485,071
$1.5M
Cap Rate 9%
$1,155,056
$1.2M
Market Conditions
NOI Build-Up for 8,440 SF
Gross rent
$157.0K $18.60/SF
− Vacancy
−$8.5K −$1.00/SF
EGI
$148.5K $17.60/SF
− OpEx
−$44.6K −$5.28/SF
NOI
$104.0K $12.32/SF
Area
Allentown, PA
Vacancy
5.40%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,079,100
Cap Rate 7%
$1,485,071
Cap Rate 9%
$1,155,056
Alternative Uses
Best Use
Retail
$1.49M
$1.30M – $1.73M
NOI $103,955 @ 7.0% cap · market cap 3.85%
Second Best
Healthcare Medical
$1.06M
$923.3K – $1.23M
NOI $73,864 @ 7.0% cap · market cap 2.74%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $116,067 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18104, PA
47,289
Population
18,686
Households
2.5
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
23.0 sq mi
ZIP Area
2,056
Density / Sq Mi
$94,279
Median Household Income
$48,585
Median Earnings
$1,620
Median Rent
$296,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Similar Off Market Nearby
- Red Carpet Inn Allentown, PA — 731 Hausman Rd, Allentown, PA 18104
- Allenwood Motel — 1058 Hausman Rd, Allentown, PA 18104
- ParkView Inn & Conference Center — 1151 Bulldog Dr, Allentown, PA 18104
- ALLENTOWN GUN SHOW — 1151 Bulldog Dr, Allentown, PA 18104
- Econo Lodge Conference Center — 1151 Bulldog Dr, Allentown, PA 18104
Frequently Asked Questions
What type of property is this?
Motel - 22-room motel on 5.5 acres for redevelopment or continued operation.
Where is this motel located?
The property is located at 1058 Hausman Rd Allentown, PA.
What is the asking price?
The asking price for this property is $2,699,000.
What are key features of this property?
This property features: Prime Commercial Redevelopment Opportunity: Zoned IC‑1, this 5.5± acre parcel allows for a wide range of uses.; Strategic Location: Situated just off Route 22, offering high visibility and accessibility.; Existing Operating Motel: The Allenwood Motel provides immediate income potential.
