Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space in Bangor Plaza Title is generated by Realmo AI

    1309 Blue Valley Drive, Pen Argyl, PA 18072

    View on Map
    Claim this Listing
    For Lease
    $11 SF/Yr $3,193/Mo (calc)

    COMMERCIAL - Pen Argyl, PA

    Type:Retail
    Property size:
    3,484 SF
    Lot size:
    20.30 Acres
    Added:
    Sep 5, 2025
    Days on Market:
    246
    Last Refresh:
    May 8 at 5:06 pm

    Property Features for 1309 Blue Valley Drive

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    D9 15 10-1 0134
    Size
    3,484 SF
    Lot size
    20.30 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1990
    Building materials
    Masonry

    We can help!

    Listing Contact
    Benjamin Diaz

    Listing agent Benjamin Diaz

    Listing office Keller Williams Allentown 1605 N.CedarCrestBlvd, Ste309, Allentown, PA

    Listing date Sep 5, 2025

    MLS# 764216

    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.

    HighLights

    • Grocery‑anchored neighborhood center.
    • Co‑anchored by Weis Markets and Lehigh Valley Health Network, attracting consistent customer traffic.
    • Located at a full movement signalized intersection on Blue Valley Drive (Rt. 512), providing convenient access.
    • Features national/regional co‑tenants like Dollar Tree, Subway, and Dominos Pizza.
    • Highly visible pylon sign increases exposure to potential customers.
    • One space available: 3,484 SF

    Overview

    Located in Pen Argyl, PA, Bangor Plaza is a 132,541 square foot retail shopping center. The plaza is co-anchored by Weis Markets and Lehigh Valley Health Network. National and regional co-tenants include Dollar Tree, Subway, Miracle Ear, Fine Wine and Good Spirits, and Domino's Pizza. The neighborhood center is anchored by a grocery store and offers convenient access from a full movement signalized intersection. A highly visible pylon sign is present from Blue Valley Drive (Rt. 512). One space is available, offering 3,484 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Health Center at Bangor Medical Clinic Bangor Plaza Shopping Center & Mall ATM Atm Western Union Bank

    Suggested Use

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

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

    Similar Places Nearby

    • Bangor Plaza — 1309 Blue Valley Dr, Pen Argyl, PA 18072

    Location Insight

    • Map
    • Local Demand
    City
    Pen Argyl
    County
    Northampton
    State
    Pennsylvania
    Longitude
    -75.235021
    Latitude
    40.873849

    Nearby Similar for Lease

    • $1,500/Mo

      Versatile Commercial Office Space Available

      1900+ SF commercial office space for lease in Pen Argyl.
      106 N Franklin Street, Pen Argyl, PA 18072
      View Details
    • $12 SF/Yr

      Retail Space in Bangor Plaza

      Retail spaces available in grocery-anchored shopping center.
      1309 Blue Valley Drive, Pen Argyl, PA 18072
      View Details
    • $5 SF/Yr

      Pen Argyl Office Space Available

      Professional office space in a well-located former bank building.
      215 S Robinson Avenue, Pen Argyl Boro, PA 18072
      View Details
    • $3,750/Mo

      Pen Argyl Parking Garage

      Five-bay parking garage available for lease in Pen Argyl.
      950 Pennsylvania Avenue, PEN ARGYL, PA 18072
      View Details
    • $12 SF/Yr

      Retail Space in Bangor Plaza

      Retail space available in a busy, anchored shopping center.
      1341-1383 Blue Valley Dr, Pen Argyl, PA
      View Details
    • Contact for pricing

      Retail Space in Pen Argyl

      Neighborhood center anchored by Ace Hardware with retail opportunities.
      416-438 Blue Valley Dr, Pen Argyl, PA
      View Details
    • Contact for pricing

      Retail Space in Bangor Plaza

      132,541 SF retail shopping center in Bangor, PA.
      1309 Blue Valley Dr, Pen Argyl, PA 18072
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available in grocery-anchored shopping center.
    Where is this shopping center located?
    The property is located at 1309 Blue Valley Drive Pen Argyl, PA.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Grocery‑anchored neighborhood center.; Co‑anchored by Weis Markets and Lehigh Valley Health Network, attracting consistent customer traffic.; Located at a full movement signalized intersection on Blue Valley Drive (Rt. 512), providing convenient access.
    (610) 435-1800
    We can help!
    Listing Contact
    Benjamin Diaz
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1309 Blue Valley Drive, Pen Argyl, PA 18072
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!