Brick Strip
2374 Seipstown Road, Fogelsville, PA 18051
For Sale
$1,300,000
CommercialSale, Weisenberg Twp, PA
Property Size9,400 SF
Lot Size2.18 Acres
Price / SF$138.30
Days on Market739
Property Features for 2374 Seipstown Road
General Information
Property type
Property subtype
Parking features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Roof type
Listing Agency:
Keller Williams Allentown · Keller Williams Realty
(610) 435-1800
Listed By:
James J. Balliet · License PA RS227612L
(610) 972-6808
Added: Nov 6, 2024
Changed: Oct 15
Last Checked: Nov 14 at 5:06AM
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.
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Investment Insights
Based on property information with market context.
This 9,400-square-foot strip mall sits on 2.18 acres and was built in 1995 with brick construction. The property includes multiple suites, central air, electric heat, a composition roof, and a dedicated parking lot. Existing occupants include a pizza restaurant and a nail salon, while additional suites are available for immediate occupancy.
The property is approximately 5 minutes from I-78 and 7 minutes from downtown Fogelsville and Route 100. Nearby residential construction and townhomes provide surrounding development context. Water service is supplied by a well and wastewater is handled by a septic system.
The property is approximately 5 minutes from I-78 and 7 minutes from downtown Fogelsville and Route 100. Nearby residential construction and townhomes provide surrounding development context. Water service is supplied by a well and wastewater is handled by a septic system.
Key Highlights
- 9,400‑square‑foot strip mall on 2.18 acres
- Built in 1995 with brick construction
- Existing pizza restaurant and nail salon tenants
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
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Current Use
Lease Details
Multi-tenant
Tenancy
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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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Strip mall - Multi-suite retail property with existing restaurant and salon tenants, on-site parking, and suites available for immediate occupancy.
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: 9,400‑square‑foot strip mall on 2.18 acres; Built in 1995 with brick construction; Existing pizza restaurant and nail salon tenants
