1940 W Fairview Street, Allentown, PA 18104
COMMERCIAL - Allentown City, PA
- Added:
- Jan 2, 2025
- Days on Market:
- 529
- Last Refresh:
- Jun 15 at 12:06 am
Property Features for 1940 W Fairview Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- P-PARK
- Standard status
- Active
- APN
- 549646507548001
- Size
- 13,784 SF
- Lot size
- 7.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 20652
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1885
- Building materials
- Masonry, MetalSiding
- Roof type
- Flat
Listing agent Doug Frederick (610) 398-0411
Listing office HowardHanna TheFrederickGroup 3500 Winchester Rd, Ste 201, Allentown, PA (610) 398-0411
Listing date Jan 2, 2025
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
- High‑Capacity Storage Facility: 469 storage units on a 6.5‑acre site.
- Revenue Potential: Includes outside vehicle/RV storage areas for additional income.
- Approved Expansion Plans: Proposed construction plans are available.
- Prime Location: Located in the west end of Allentown, surrounded by housing, commercial properties, and schools.
- Existing Buildings: Features existing structures on the property.
- Public Utilities: Connected to public water and sewer systems.
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
- -75.495584
- Latitude
- 40.590886