Neighborhood Strip Retail
2374 Seipstown Rd, Fogelsville, PA 18051
For Sale
Contact for pricing
9,400 SF strip center offers available retail suites with current tenants including a pizza restaurant and nail salon.
Property Size9,400 SF
Price / SF$138.30
Days on Market565
Property Features for 2374 Seipstown Rd
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Tenancy
Listing Agency:
James Balliet Property Group
(610) 435-1800
Listed By:
James Balliet · License PA RS227612L
(610) 972-6808
Source:
Moodyscre
Added: Apr 29, 2025
Changed: Nov 13
Last Checked: Nov 12 at 8:26AM
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 James Balliet Property Group
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Investment Insights
Based on property information with market context.
This 9,400 SF strip retail center is offered for sale with suites available for immediate occupancy. The property is currently home to a pizza restaurant and a nail salon, supporting a neighborhood-oriented mix of retail services.
The center is located about five minutes from I-78 and roughly seven minutes to downtown Fogelsville and high-traffic Route 100. It sits in an area with nearby new residential construction and townhomes.
An adjoining two-acre lot is also available for sale, offering an additional option for expansion or future development.
The center is located about five minutes from I-78 and roughly seven minutes to downtown Fogelsville and high-traffic Route 100. It sits in an area with nearby new residential construction and townhomes.
An adjoining two-acre lot is also available for sale, offering an additional option for expansion or future development.
Key Highlights
- 9,400 SF strip center for sale for $1,300,000
- Available 900–1,800 SF retail suites for lease at $14/SF MG with suites available for immediate occupancy
- Current tenants include a pizza restaurant and a nail salon
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,065
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,300
$1.3M
Cap Rate 7%
$915,214
$915.2K
Cap Rate 9%
$711,833
$711.8K
Market Conditions
NOI Build-Up for 9,400 SF
Gross rent
$99.3K $10.56/SF
− Vacancy
−$7.7K −$0.82/SF
EGI
$91.5K $9.74/SF
− OpEx
−$27.5K −$2.92/SF
NOI
$64.1K $6.82/SF
Area
Lehigh County, PA
Vacancy
7.80%
Lease Rate
$10.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,281,300
Cap Rate 7%
$915,214
Cap Rate 9%
$711,833
Alternative Uses
Best Use
Retail
$915.2K
$800.8K – $1.07M
NOI $64,065 @ 7.0% cap · market cap 4.93%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$1.38M
$1.21M – $1.61M
NOI $96,761 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
Explore this area
Business Placement
Demographics for 18051, PA
3,343
Population
1,349
Households
2.5
Avg Household Size
46
Median Age
46%
College-Educated
97%
High-School Grad
8.0 sq mi
ZIP Area
418
Density / Sq Mi
$133,071
Median Household Income
$62,664
Median Earnings
$1,197
Median Rent
$443,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Strip mall - 9,400 SF strip center offers available retail suites with current tenants including a pizza restaurant and nail salon.
Where is this strip mall located?
The property is located at 2374 Seipstown Rd Fogelsville, PA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 9,400 SF strip center for sale for $1,300,000; Available 900–1,800 SF retail suites for lease at $14/SF MG with suites available for immediate occupancy; Current tenants include a pizza restaurant and a nail salon
