Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    737 W Green St Allentown, PA 18102

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,350,000

    42,000 SF industrial property in Allentown, PA for sale.

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Amy Hawley, Sior
    Source: Svn

    Listing Agent: Amy Hawley, Sior

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

    Learn more

    Overview

    Allentown Industrial/Mfg Opportunity

    This 42,000 SF industrial and manufacturing property is located in Allentown, PA. Originally constructed in 1930 and renovated in 2004, the property is zoned Business-Light Industrial. It is situated in an urban area with surrounding commercial, industrial, and residential properties. The property is located within 2 miles of the 15th St. exit of Route 22, and within 6 miles of the ABE Regional Airport, and within 20 miles of the NJ State Line. It features a food-grade production facility, liquid storage tanks, and a reactivatable refrigeration room. The property is located along a public bus route with a stop at the corner, providing accessibility for employees and visitors. This property is suited for operations in the growing Lehigh Valley area and offers potential for a wide array of industrial enterprises.
    Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4780291
    Latitude
    40.6125115

    Nearby Similar for Sale

    • New
      $325,000
      1,720 SF

      Allentown City Commercial Property For Sale

      High-traffic, commercially zoned property suitable for office or commercial ventures.
      827 19Th St, Allentown, PA 18104
      View Details
    • $910,000
      4,228 SF

      Allentown City Investment Opportunity

      Leased building near upcoming waterfront development.
      1007 Union Blvd, Allentown, PA 18109
      View Details
    • $849,900
      4,280 SF

      Mixed-Use Investment Property, Allentown, PA

      Versatile 3-unit property with commercial and residential income potential.
      1015 W Hamilton St, Allentown, PA 18101
      View Details
    • $910,000
      4,228 SF

      Allentown Commercial Building For Sale

      Leased commercial building near upcoming waterfront development.
      1007 Union Blvd, Allentown, PA 18109
      View Details
    • $200,000
      560 SF

      Turnkey Commercial Space, Allentown City

      Renovated storefront in prime location, ideal for various businesses.
      849 Jackson St, Allentown, PA 18102
      View Details
    • $949,000
      3,898 SF

      Mixed-Use Property on Hamilton Boulevard

      Freestanding mixed-use property suitable for retail, office, or small business.
      3144 Hamilton Boulevard Byp, Allentown, PA 18103
      View Details
    • $910,000
      4,228 SF

      Allentown Commercial Investment Opportunity

      Leased commercial building near upcoming waterfront development.
      1007 Union Blvd, Allentown, PA 18109
      View Details
    • $320,000
      0.06 Acres

      Allentown Commercial Building on Tilghman

      Turn-key, furnished office building with high visibility and parking.
      1723 Tilghman St, Allentown, PA 18104
      View Details
    • $399,900
      3,057 SF

      Allentown City Office Building For Sale

      Office building near Lehigh County Courthouse with potential for professional office.
      441 W Linden St, Allentown, PA 18102
      View Details
    • $4,500,000
      19,600 SF

      Allentown Class "A" Office Building

      Class "A" office building in West End Allentown for sale.
      1226-1232 W Green St, Allentown, PA 18104
      View Details
    • $1,700,000
      6,900 SF

      Allentown Medical/Office Building For Sale

      6,900 SF building near Lehigh Valley Hospital-Cedar Crest.
      2900 Hamilton Boulevard Byp, Allentown, PA 18103
      View Details
    • $2,700,000
      9,911 SF

      Allentown Assisted Living Facility

      Fully occupied assisted/independent living facility in Allentown's West End.
      514 N 22Nd St, Allentown, PA 18104
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - 42,000 SF industrial property in Allentown, PA for sale.
    Where is this manufacturing property located?
    The property is located at 737 W Green St Allentown, PA.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Food-grade production facility suitable for specialized manufacturing.; - Zoned Business-Light Industrial, ideal for various industrial operations.; - Convenient location along a public bus route with a stop at the corner.
    (610) 217-1749
    Request Owner's contact information
    737 W Green St Allentown, PA 18102
    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.
    737 W Green St
    Allentown, PA 18102
    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
    737 W Green St Allentown, PA 18102
    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
    Amy Hawley, Sior
    Real Estate License ID: #AB045309A
    (610) 217-1749
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!