Listing Agency: Markward Group Show Phone

Listed By: Chip Miers Show Phone

Source: Moodyscre

Added: Jan 27, 2023 Changed: Sep 11 Last Checked: Sep 14 at 10:46AM

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Investment Insights

Based on property information with market context.

This business/light industrial warehouse is being offered for sale, with the possibility to sell and/or lease it in conjunction with the other addressed property. The property is suited to light industrial uses, based on the stated business/light industrial designation.

The location is near Route 22, just off Airport Rd and Union Blvd, where N. Gilmore St and E. Cedar St merge. For buyers and tenants, that access positioning supports convenient navigation to and from the immediate area.

The offering is presented as a warehouse asset within the commercial real estate category, with flexibility around whether it is handled as a standalone transaction or bundled with the other property.

Key Highlights

• Business/light industrial warehouse available for sale with the option to sell or lease in conjunction with an adjacent property
• Location near Rt 22, just off Airport Rd & Union Blvd, where N. Gilmore St and E Cedar St merge
• Business/light industrial use

Property Analytics

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Current Use

Lehigh Valley Floor ... General Contractor Jack & Jill DSD Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Restaurant Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

752

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 18109, PA

18,915

Population

7,395

Households

2.6

Avg Household Size

37

Median Age

19%

College-Educated

80%

High-School Grad

8.2 sq mi

ZIP Area

2,307

Density / Sq Mi

$55,437

Median Household Income

$36,632

Median Earnings

$1,239

Median Rent

$180,200

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Business/light industrial warehouse available for sale, with the option to sell or lease in conjunction with an adjacent property.

Where is this warehouse located?

The property is located at 864 N Gilmore St Allentown, PA.

What is the asking price?

The asking price for this property is $2,500,000.

What are key features of this property?

This property features: Business/light industrial warehouse available for sale with the option to sell or lease in conjunction with an adjacent property; Location near Rt 22, just off Airport Rd & Union Blvd, where N. Gilmore St and E Cedar St merge; Business/light industrial use