Flex Building with Loading
For Sale
$1,395,000
Pending
808 Packer Street, Easton, PA 18042
Office areas, on-site parking, and adaptable commercial zoning complement the warehouse space.
Property Size9,647 SF
Lot Size0.69 Acres
Days on Market32
Property Features for 808 Packer Street
General Information
Standard status
Pending
Size
9,647 SF
Lot size
0.69 Acres
Property subtype
Office
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
2
Additional Details
Property Use
Warehouse/Flex
Taxes and HOA fees
Annual Taxes
$15,908
Building Details
Building Size
9,647 SF
Year Built
1900
Listing Agency:
IronValley RE of Lehigh Valley
Listed By:
Alexandria L. Ho
(610) 766-7200
Source:
Redstonerun
Added: Oct 1
Changed: Oct 31
Last Checked: Oct 31 at 3:22AM
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 IronValley RE of Lehigh Valley
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Investment Insights
Based on property information with market context.
This 9,647-square-foot flex property occupies approximately 0.69 acres and includes warehouse space alongside office functionality. Loading is served by two grade-level drive-in doors and one elevated door with a platform, with parking available on site. The building dates to 1900.
Located at 808 Packer Street in Easton, the property offers access across the Lehigh Valley and to major transportation routes. Its zoning accommodates a range of commercial uses, subject to municipal approval.
Located at 808 Packer Street in Easton, the property offers access across the Lehigh Valley and to major transportation routes. Its zoning accommodates a range of commercial uses, subject to municipal approval.
Key Highlights
- 9,647 square feet on approximately 0.69 acres
- Two grade‑level drive‑in doors and one elevated loading door with platform
- On‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$87,095
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,741,900
$1.7M
Cap Rate 7%
$1,244,214
$1.2M
Cap Rate 9%
$967,722
$967.7K
Market Conditions
NOI Build-Up for 9,647 SF
Gross rent
$111.1K $11.52/SF
− Vacancy
−$8.7K −$0.90/SF
EGI
$102.5K $10.62/SF
− OpEx
−$15.4K −$1.59/SF
NOI
$87.1K $9.03/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,741,900
Cap Rate 7%
$1,244,214
Cap Rate 9%
$967,722
Alternative Uses
Best Use
Warehouse
$1.24M
$1.09M – $1.45M
NOI $87,095 @ 7.0% cap · market cap 6.24%
Second Best
Industrial
$1.02M
$896.6K – $1.20M
NOI $71,726 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $128,081 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18042, PA
44,026
Population
17,932
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
22.1 sq mi
ZIP Area
1,992
Density / Sq Mi
$75,806
Median Household Income
$40,015
Median Earnings
$1,245
Median Rent
$205,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Office areas, on-site parking, and adaptable commercial zoning complement the warehouse space.
Where is this flex space located?
The property is located at 808 Packer Street Easton, PA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: 9,647 square feet on approximately 0.69 acres; Two grade‑level drive‑in doors and one elevated loading door with platform; On‑site parking
