4.241 Acres Mixed-Use
For Sale
Contact for pricing
2946 MacArthur Rd, Whitehall, PA 18052
High visibility location with redevelopment potential and income-producing apartments.
Property Size11,840 SF
Lot Size4.24 Acres
Price / SF$333.61
Days on Market952
Property Features for 2946 MacArthur Rd
General Information
Standard status
Active
Size
11,840 SF
Lot size
4.24 Acres
Property subtype
Mixed Use
Investment Type
Redevelopment
Building Details
Buildings
8
Listing Agency:
Howard Hanna Real Estate Services Inc Lehigh Valley
Listed By:
Carrie Ward · License #AB069092
(610) 398-0411
Source:
Crexi
Added: Mar 11, 2024
Changed: Oct 15
Last Checked: Oct 16 at 9:39AM
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 Howard Hanna Real Estate Services Inc Lehigh Valley
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property features 4.241 acres across four contiguous parcels in a high-visibility location with authorized access to MacArthur Rd and Mechanicsville Rd, situated next to a signalized intersection. The site includes a store/showroom with an attached home, a repair shop with drive-in doors, and a steel canopy. Additionally, there is an 11,840 sq ft steel warehouse featuring a 22 ft ceiling height, clear span, concrete floor, heating system, and two 14 ft drive-in doors. The property also includes a fully leased and updated 6-unit apartment building that generates income, a partially renovated Victorian brick building, an extensive outdoor covered storage structure, and several garages, workshops, and a small office building. Potential uses for the property include a franchise restaurant, retail center, IT manufacturing campus, day-care facility, auto service, or bank/financial institutions.
Key Highlights
- 4.241 acres of contiguous parcels in a high‑visibility location.
- HOP authorized access to MacArthur Rd and Mechanicsville Rd, next to a signalized intersection.
- Existing 11,840 sq ft steel warehouse boasts a 22 ft ceiling height and two 14 ft drive‑in doors.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$121,878
Cap Rate
3.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,437,560
$2.4M
Cap Rate 7%
$1,741,114
$1.7M
Cap Rate 9%
$1,354,200
$1.4M
Market Conditions
NOI Build-Up for 11,840 SF
Gross rent
$213.1K $18.00/SF
− Vacancy
−$18.1K −$1.53/SF
EGI
$195.0K $16.47/SF
− OpEx
−$73.1K −$6.18/SF
NOI
$121.9K $10.29/SF
Area
Lehigh County, PA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,437,560
Cap Rate 7%
$1,741,114
Cap Rate 9%
$1,354,200
Alternative Uses
Best Use
Mixed Use
$1.74M
$1.52M – $2.03M
NOI $121,878 @ 7.0% cap · market cap 3.09%
Second Best
Warehouse
$1.53M
$1.34M – $1.79M
NOI $107,172 @ 7.0% cap · market cap 2.71%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
Explore this area
Business Placement
Demographics for 18052, PA
29,317
Population
12,193
Households
2.4
Avg Household Size
42
Median Age
27%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
2,290
Density / Sq Mi
$69,499
Median Household Income
$39,491
Median Earnings
$1,387
Median Rent
$247,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - High visibility location with redevelopment potential and income-producing apartments.
Where is this mixed-use property located?
The property is located at 2946 MacArthur Rd Whitehall, PA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 4.241 acres of contiguous parcels in a high‑visibility location.; HOP authorized access to MacArthur Rd and Mechanicsville Rd, next to a signalized intersection.; Existing 11,840 sq ft steel warehouse boasts a 22 ft ceiling height and two 14 ft drive‑in doors.
