Vacant Office Building with 18
For Sale
$749,000
6614 Ruppsville Rd, Allentown, PA 18106
Vacant office building offers strong road frontage, high exposure, and 18 on-site parking spaces for staff and clients.
Property Size3,457 SF
Price / SF$216.66
Days on Market179
Property Features for 6614 Ruppsville Rd
General Information
Standard status
Active
Size
3,457 SF
Total Parking Spaces
18
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,354
Listing Agency:
Keller Williams Allentown
(610) 435-1800
Listed By:
Yousef Alhaddad
(610) 435-1800
Source:
Exprealty
Added: Feb 26
Changed: Aug 23
Last Checked: Aug 23 at 12:47PM
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
Investment Insights
Based on property information with market context.
6614 Ruppsville Road is a vacant office building offering a flexible setup for an owner-user or investor. The building contains approximately 3,457 square feet and is currently available for immediate occupancy as a single-tenant space, or it can be adapted for a partial occupancy arrangement.
The property is positioned in a high-visibility corridor with strong road frontage and exposure to daily traffic. On-site parking totals 18 spaces, supporting convenient access for both staff and clients.
For regional connectivity, the location is minutes from I-78 and Route 22, providing access throughout the Lehigh Valley and beyond.
The property is positioned in a high-visibility corridor with strong road frontage and exposure to daily traffic. On-site parking totals 18 spaces, supporting convenient access for both staff and clients.
For regional connectivity, the location is minutes from I-78 and Route 22, providing access throughout the Lehigh Valley and beyond.
Key Highlights
- Vacant 3,457 SF office building on 6614 Ruppsville Road, suited for immediate occupancy.
- Flexible layout for an owner‑user to occupy one floor and lease the other, or for an investor to lease the entire building.
- 18 on‑site parking spaces for staff and clients.
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
$30,254
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
4.04%
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%
$605,080
$605.1K
Cap Rate 7%
$432,200
$432.2K
Cap Rate 9%
$336,156
$336.2K
Market Conditions
NOI Build-Up for 3,457 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
$53.9K $15.60/SF
− Vacancy
−$3.5K −$1.01/SF
EGI
$50.4K $14.59/SF
− OpEx
−$20.2K −$5.83/SF
NOI
$30.3K $8.75/SF
Area
Allentown, PA
Vacancy
6.50%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
40.00%
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%
$605,080
Cap Rate 7%
$432,200
Cap Rate 9%
$336,156
Alternative Uses
Best Use
Healthcare Medical
$432.2K
$378.2K – $504.2K
NOI $30,254 @ 7.0% cap · market cap 4.04%
Second Best
Office B
$268.1K
$234.6K – $312.8K
NOI $18,767 @ 7.0% cap · market cap 2.51%
Theoretical Best
Specialty Retail
$679.2K
$594.3K – $792.4K
NOI $47,541 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
Explore this area
Business Placement
Demographics for 18106, PA
7,477
Population
2,737
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
94%
High-School Grad
8.0 sq mi
ZIP Area
935
Density / Sq Mi
$86,361
Median Household Income
$47,466
Median Earnings
$1,554
Median Rent
$361,200
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?
Office building - Vacant office building offers strong road frontage, high exposure, and 18 on-site parking spaces for staff and clients.
Where is this office building located?
The property is located at 6614 Ruppsville Rd Allentown, PA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Vacant 3,457 SF office building on 6614 Ruppsville Road, suited for immediate occupancy.; Flexible layout for an owner‑user to occupy one floor and lease the other, or for an investor to lease the entire building.; 18 on‑site parking spaces for staff and clients.
