327 Star Rd, Allentown, PA 18106
Freestanding 6,227 SF commercial condo in Upper Macungie Township.
- Added:
- Apr 18, 2024
- Days on Market:
- 810
- Last Refresh:
- Jul 4 at 10:43 am
Property Features for 327 Star Rd
General Information
- Standard status
- Active
- Size
- 6,227 SF
- Lot size
- 5.10 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2005
Listing office The James Balliet Property Group (610) 435-1800
Listing date Apr 18, 2024
Source Crexi
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 The James Balliet Property Group
HighLights
- Prime restaurant/office condominium opportunity in a high‑traffic location.
- Zoned HC‑Highway Commercial, allowing for a wide range of uses.
- Freestanding 6,227 SF structure with existing restaurant build‑out and outdoor patio.
- Located on a 5.1‑acre lot shared with two national hotel chains.
- Explosive residential growth and proximity to major businesses and business parks.
- Available for immediate sale or lease.
Overview
Local Financial Insights For Specialty Retail
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 | $119.6k | $19.20 |
| − Vacancy | −$5.4k | −$0.86 |
| EGI | $114.2k | $18.34 |
| − OpEx | −$28.5k | −$4.58 |
| NOI | $85.6k | $13.75 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Absolute Entertainment — Allentown, PA 18106
- Iron Run Beverage — 7525 Tilghman St, Allentown, PA 18106
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.6213325
- Latitude
- 40.5782907