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    Retail Strip Center Near I-78 Title is generated by Realmo AI

    2374 Seipstown Road, Fogelsville, PA 18051

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    Claim this Listing
    For Sale
    $1,300,000

    SINGLE_FAMILY - Weisenberg Twp, PA

    Type:Retail
    Property size:
    9,400 SF
    Lot size:
    2.18 Acres
    Price / SF:
    $138/SF
    Added:
    Nov 6, 2024
    Days on Market:
    549
    Last Refresh:
    May 9 at 3:06 am

    Property Features for 2374 Seipstown Road

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    544613546174 001
    Size
    9,400 SF
    Lot size
    2.18 Acres

    Taxes and HOA fees

    Tax Annual Amount
    17408

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1995
    Building materials
    Brick
    Roof type
    Composition

    We can help!

    Listing Contact
    Doug Sandlin

    Listing agent Doug Sandlin

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

    Listing date Nov 6, 2024

    MLS# 748252

    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

    • Suites available for immediate occupancy.
    • Excellent location near I‑78, downtown Fogelsville, and Route 100.
    • Located in an area with new residential construction and townhomes.
    • Suitable for owner‑operators or 1031 Exchange buyers.
    • Current tenants include a popular pizza restaurant and nail salon.
    • +/-2 acre adjoining lot also available for sale.

    Overview

    This strip center is located approximately 5 minutes from I-78 and 7 minutes from downtown Fogelsville and Route 100. The property is situated near new residential construction and townhomes. Suites are available for immediate occupancy, making it suitable for an owner-operator or a 1031 Exchange buyer. Current tenants include a pizza restaurant and a nail salon. The property size is 9,400 square feet and the lot size is 2.18 acres. An adjoining lot of approximately 2 acres is also available for sale. The property is located in Weisenberg Twp, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    First Call Trading ... Big Box & Wholesale Store FedEx Drop Box Postal Service Giovanni's Pizza Restaurant

    Suggested Use

    Restaurant Law Firm Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store Accounting Firm Auto Parts Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Fogelsville
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.6864337
    Latitude
    40.5870804

    Nearby Similar for Sale

    • $1,300,000
      9,400 SF

      Fogelsville Strip Center For Sale

      Strip center near I-78 and Route 100, suites available.
      2374 Seipstown Rd, Fogelsville, PA 18051
      View Details
    • Contact for pricing
      1,350,000 SF

      Master Planned Industrial Center

      150-acre industrial center with high visibility and industrial utilities.
      8810 Main St, Fogelsville, PA
      View Details

    FAQs

    What type of property is this?
    Strip mall - Ideally located strip center near residential development and major routes.
    Where is this strip mall located?
    The property is located at 2374 Seipstown Road 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: Suites available for immediate occupancy.; Excellent location near I‑78, downtown Fogelsville, and Route 100.; Located in an area with new residential construction and townhomes.
    (610) 435-1800
    We can help!
    Listing Contact
    Doug Sandlin
    Learn More
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    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
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    2374 Seipstown Road, Weisenberg Twp, PA 18051
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