Class A Medical Office
For Sale
Contact for pricing
403-1611 Pond Rd, Allentown, PA 18104
Turnkey 4th-floor corner suite with exam rooms, consultation space, executive offices, and ADA-compliant restrooms.
Property Size3,354 SF
Price / SF$0.01
Days on Market132
Property Features for 403-1611 Pond Rd
General Information
Standard status
Active
Size
3,354 SF
Class
A
Total Parking Spaces
2
Taxes and HOA fees
Annual Taxes
$11,027
Amenities
underground parking
central HVAC
corner unit with natural light
ADA-compliant restrooms
Listing Agency:
Keller Williams Allentown
(610) 435-1800
Listed By:
Brian K Bailey · License #AB065448
(484) 357-8559
Source:
Exprealty
Added: Jun 16
Changed: Oct 10
Last Checked: Oct 24 at 8:12PM
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 Keller Williams Allentown
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Class A medical office condominium suite is located on the 4th floor and presented as a turnkey space for medical use. The layout includes five exam rooms, multiple consultation rooms, executive offices, and ADA-compliant restrooms. The suite also features built-in millwork and upgraded finishes, all described as ADA-compliant, and offers corner exposure with natural light throughout.
The property is in Paragon Centre at 1611 Pond Rd. The offering includes two designated spaces in the underground parking garage, and the building provides ample tenant/customer parking. A brand-new central HVAC system is included in the building.
The suite is available for sale or lease.
The property is in Paragon Centre at 1611 Pond Rd. The offering includes two designated spaces in the underground parking garage, and the building provides ample tenant/customer parking. A brand-new central HVAC system is included in the building.
The suite is available for sale or lease.
Key Highlights
- 4th‑floor Class A medical office condominium (Suite 403) in Paragon Centre at 1611 Pond Rd, Allentown
- Corner unit with 3,354 SF, providing corner exposure with views and abundant natural light
- Medical layout includes five exam rooms, multiple consultation rooms, and executive offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,208
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,160
$364.2K
Cap Rate 7%
$260,114
$260.1K
Cap Rate 9%
$202,311
$202.3K
Market Conditions
NOI Build-Up for 3,354 SF
Gross rent
$26.2K $7.80/SF
− Vacancy
−$1.9K −$0.56/SF
EGI
$24.3K $7.24/SF
− OpEx
−$6.1K −$1.81/SF
NOI
$18.2K $5.43/SF
Area
Allentown, PA
Vacancy
7.20%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,160
Cap Rate 7%
$260,114
Cap Rate 9%
$202,311
Alternative Uses
Best Use
Healthcare Medical
$419.3K
$366.9K – $489.2K
NOI $29,353 @ 7.0% cap · market cap 122,304.17%
Second Best
Office B
$260.1K
$227.6K – $303.5K
NOI $18,208 @ 7.0% cap · market cap 75,866.67%
Theoretical Best
Specialty Retail
$658.9K
$576.6K – $768.7K
NOI $46,124 @ 7.0% cap · market cap 192,183.33%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,070
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 18104, PA
47,289
Population
18,686
Households
2.5
Avg Household Size
42
Median Age
45%
College-Educated
93%
High-School Grad
23.0 sq mi
ZIP Area
2,056
Density / Sq Mi
$94,279
Median Household Income
$48,585
Median Earnings
$1,620
Median Rent
$296,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Allentown Animal Clinic — 2640 Walbert Ave, Allentown, PA 18104
- Elena Sawickij, VMD — 2640 Walbert Ave, Allentown, PA 18104
- Tuhacek Kathy DVM — 2640 Walbert Ave, Allentown, PA 18104
Frequently Asked Questions
What type of property is this?
Medical Office Space - Turnkey 4th-floor corner suite with exam rooms, consultation space, executive offices, and ADA-compliant restrooms.
Where is this medical office space located?
The property is located at 403-1611 Pond Rd Allentown, PA.
What are key features of this property?
This property features: 4th‑floor Class A medical office condominium (Suite 403) in Paragon Centre at 1611 Pond Rd, Allentown; Corner unit with 3,354 SF, providing corner exposure with views and abundant natural light; Medical layout includes five exam rooms, multiple consultation rooms, and executive offices
