1834-1940 W Fairview St, Allentown, PA
7.06 acres for storage facility development with proposed plans.
- Added:
- Mar 4, 2025
- Days on Market:
- 481
- Last Refresh:
- May 20 at 8:07 pm
Property Features for 1834-1940 W Fairview St
General Information
- Standard status
- Active
- Size
- 13,784 SF
- Lot size
- 7.01 Acres
- Property subtype
- INDUSTRIAL
Listing office Hanna Commercial Real Estate | Lehigh Valley, PA (610) 360-4993
Listing date Mar 4, 2025
Source Moodyscre
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 Hanna Commercial Real Estate | Lehigh Valley, PA
HighLights
- 7.06 acres suitable for Storage Facility Development
- Proposed plans for 469 Storage Units
- Includes existing structure for use in development
- Approval and Plan information available
- Opportunity for additional construction
- Offered at $1,500,000
Overview
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $198.5k | $14.40 |
| − Vacancy | −$15.9k | −$1.15 |
| EGI | $182.6k | $13.25 |
| − OpEx | −$54.8k | −$3.97 |
| NOI | $127.8k | $9.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4937
- Latitude
- 40.5914
