Freestanding Storefront With Loading
New
For Sale
Contact for pricing
418 Delaware Avenue, Palmerton, PA 18071
Open showroom layout includes office, storage, restrooms, and rear delivery access.
Property Size3,774 SF
Price / SF$124.51
Days on Market5
Property Features for 418 Delaware Avenue
General Information
Standard status
Active
Size
3,774 SF
Total Parking Spaces
8
Property subtype
Retail
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
large front display windows
rear loading dock
ample on-site and off-street parking
private office
storage area
utility room
separate men's and women's restrooms
Building Details
Year Built
1900
Buildings
1
Tenancy
Single
Listing Agency:
KW Real Estate - Palmerton
Listed By:
Jim Christman · License #AB067586
Source:
Crexi
Added: Aug 7
Changed: Aug 11
Last Checked: Aug 11 at 4:50AM
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 KW Real Estate - Palmerton
Investment Insights
Based on property information with market context.
This freestanding commercial building contains approximately 3,774 square feet arranged primarily as an open retail and showroom area. The layout also includes a private office, storage area, utility room, and separate men's and women's restrooms. Large front display windows support visibility from Delaware Avenue, while a rear loading dock and rear access accommodate deliveries and daily operations. On-site and off-street parking are also provided.
The property is located just off Route 248 and minutes from downtown Palmerton, with connections to surrounding communities. The roof was replaced in 2022. Inventory is not included with the sale.
The property is located just off Route 248 and minutes from downtown Palmerton, with connections to surrounding communities. The roof was replaced in 2022. Inventory is not included with the sale.
Key Highlights
- Approximately 3,774 square feet of commercial space
- Open retail and showroom area with private office, storage, utility room, and separate restrooms
- Large front display windows along Delaware Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,488
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$409,760
$409.8K
Cap Rate 7%
$292,686
$292.7K
Cap Rate 9%
$227,644
$227.6K
Market Conditions
NOI Build-Up for 3,774 SF
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.
Gross rent
$29.4K $7.80/SF
− Vacancy
−$2.1K −$0.56/SF
EGI
$27.3K $7.24/SF
− OpEx
−$6.8K −$1.81/SF
NOI
$20.5K $5.43/SF
Area
Carbon County, 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$409,760
Cap Rate 7%
$292,686
Cap Rate 9%
$227,644
Alternative Uses
Best Use
Retail
$664.1K
$581.1K – $774.7K
NOI $46,484 @ 7.0% cap · market cap 9.89%
Second Best
Office B
$292.7K
$256.1K – $341.5K
NOI $20,488 @ 7.0% cap · market cap 4.36%
Theoretical Best
Specialty Retail
$741.4K
$648.8K – $865.0K
NOI $51,900 @ 7.0% cap · market cap 11.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18071, PA
10,688
Population
5,082
Households
2.1
Avg Household Size
45
Median Age
16%
College-Educated
89%
High-School Grad
31.1 sq mi
ZIP Area
344
Density / Sq Mi
$70,996
Median Household Income
$43,479
Median Earnings
$949
Median Rent
$195,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Open showroom layout includes office, storage, restrooms, and rear delivery access.
Where is this storefront property located?
The property is located at 418 Delaware Avenue Palmerton, PA.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: Approximately 3,774 square feet of commercial space; Open retail and showroom area with private office, storage, utility room, and separate restrooms; Large front display windows along Delaware Avenue
