Allentown Redevelopment Opportunity on 5.5+
For Sale
$2,699,000
1058 Hausman Road, Allentown, PA 18104
COMMERCIAL - Allentown, PA
Property Size8,440 SF
Lot Size5.55 Acres
Price / SF$319.79
Days on Market168
Property Features for 1058 Hausman Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
IC-1
Parking
38
Parking features
Parking Lot
Elementary school district
Parkland
Middle school district
Parkland
High school district
Parkland
Directions
Route 309 to East on Tilghman St; Left onto Hausman Rd. Property will be on Left.
Subdivision
South Whitehall
Standard status
Active
APN
547657499756 001
Size
8,440 SF
Lot size
5.55 Acres
Taxes and HOA fees
Tax Annual Amount
15800
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1960
Building materials
Brick
Roof type
Composition
Listing Agency:
Keller Williams Allentown · Keller Williams Realty
(610) 435-1800
Listed By:
Yousef Alhaddad
(610) 435-1800
Added: Feb 24
Changed: Aug 4
Last Checked: Aug 11 at 8:06PM
MLS# 772318
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.
Investment Insights
Based on property information with market context.
The property at 1058 Hausman Road in Allentown, PA, presents a redevelopment opportunity on a site of 5.5+ acres. The location offers frontage and visibility along the US Route 22 / I-78 corridor. Currently, the property includes a 22-room motel. The site's size, location, and highway visibility provide redevelopment potential. The property's zoning is IC-1. The location and traffic counts may suit redevelopment uses such as medical or professional offices, hotels or extended-stay lodging, retail, or other commercial purposes. The site benefits from regional access and proximity to employment and medical centers. The property size is 8440 square feet.
Key Highlights
- Prime redevelopment opportunity on 5.5+ acres.
- Direct frontage and high visibility along US Route 22 / I‑78.**
- Strong traffic counts suitable for various commercial uses (medical, office, retail, hotel).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$103,955
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
656
Businesses Nearby
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Prime redevelopment site with highway visibility and commercial potential.
Where is this commercial land located?
The property is located at 1058 Hausman Road 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 redevelopment opportunity on 5.5+ acres.; Direct frontage and high visibility along US Route 22 / I‑78.**; Strong traffic counts suitable for various commercial uses (medical, office, retail, hotel).
