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

    1811 Glenwood St SW Allentown, PA 18103

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Shovel-ready land for lease with I-78 visibility and convenient access.

    Property size:
    148,104 SF
    Lot size:
    148,104 SF

    Property Features for 1811 Glenwood St SW

    General Information

    Size
    148,104 SF

    We can help!

    Listing Contact
    Brian Knowles, MCR, CCIM, SIOR
    Source: Lee-associates

    Listing Agent: Brian Knowles, MCR, CCIM, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Shovel Ready Lehigh Valley Land

    This industrial land, with additional designation as 'other industrial land', is available for lease and is shovel-ready and fully approved. Located in an infill location within the Lehigh Valley, the site offers build-to-suit options. The property benefits from visibility from I-78 and convenient interstate access. It is situated adjacent to the Queen City Municipal Airport. The property size is 148,104 square feet.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4901907
    Latitude
    40.5660796

    Nearby Similar for Lease

    • $2,650 /Mo

      Allentown City Commercial Space Available

      Prime commercial space in Allentown's dynamic business district.
      207 N Front St, Allentown, PA 18102
      View Details
    • $500 /Mo
      16,204 SF

      Allentown City Professional Office Suites

      Furnished office suites for lease in wellness center.
      1702 W Walnut St, Allentown, PA 18104
      View Details
    • $14 SF/Yr
      31,189 SF

      Allentown City Class A Office

      Class A office building in West End Allentown available for lease.
      1226 W Green St, Allentown, PA 18102
      View Details
    • $2,200 /Mo
      49,441 SF

      Allentown Commercial Kitchen Rental

      Commercial kitchen rental with ballroom partnership potential in historic building.
      1524 W Linden St, Allentown, PA 18102
      View Details
    • $2,950 /Mo
      230,432 SF

      Unique Space with Commercial Kitchen

      Versatile space with commercial kitchen, suitable for various businesses.
      1183 Grange Rd, Allentown, PA 18106
      View Details
    • $17 SF/Yr

      Turn-Key Office Suite Available

      Class A office space with flexible layout in prime location.
      3500 Winchester Rd, Allentown, PA 18104
      View Details
    • $2,950 /Mo

      Allentown Commercial Space For Rent

      Commercial space suitable for contractors and property management companies.
      316 N Madison St, Allentown, PA 18102
      View Details
    • $1,050 /Mo
      49,441 SF

      Historic Allentown Office Space Available

      Move-in ready office space in a historic building.
      1524 W Linden St Unit, Allentown, PA 18102
      View Details
    • $20 SF/Yr
      562,403 SF

      Allentown Retail Space For Lease

      Retail space available in active Allentown shopping destination.
      3300 Lehigh St, Allentown, PA 18103
      View Details
    • $12 SF/Yr
      562,403 SF

      Retail Space in Allentown Mall

      Retail space available in active Allentown shopping destination.
      3300 Lehigh St, Allentown, PA 18103
      View Details
    • $20 SF/Yr
      562,403 SF

      Retail Space in South Mall

      Retail spaces available in Allentown's active South Mall.
      3300 Lehigh St, Allentown, PA 18103
      View Details
    • $12 SF/Yr

      Retail Space in Allentown Mall

      Retail space available in active Allentown shopping destination.
      3300 Lehigh St, Allentown, PA 18103
      View Details

    FAQs

    What type of property is this?
    Industrial land - Shovel-ready land for lease with I-78 visibility and convenient access.
    Where is this industrial land located?
    The property is located at 1811 Glenwood St SW Allentown, PA.
    What are key features of this property?
    This property features: - Shovel ready and fully approved, saving you valuable time and resources.; - Benefit from I-78 visibility, maximizing exposure for your business.; - Enjoy convenient interstate access for easy transportation and logistics.
    (610) 400-0484
    Request Owner's contact information
    1811 Glenwood St SW Allentown, PA 18103
    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.
    1811 Glenwood St SW
    Allentown, PA 18103
    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
    1811 Glenwood St SW Allentown, PA 18103
    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
    Brian Knowles, MCR, CCIM, SIOR
    Real Estate License ID: PA #RS212076L
    (610) 400-0484
    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.