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    Fogelsville Strip Center For Sale Title is generated by Realmo AI

    2374 Seipstown Rd, Fogelsville, PA 18051

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    Strip center near I-78 and Route 100, suites available.

    Type:Mixed Use, Retail
    Property size:
    9,400 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $138/SF
    Added:
    Nov 7, 2024
    Days on Market:
    606
    Last Refresh:
    Jul 2 at 8:09 am

    Property Features for 2374 Seipstown Rd

    General Information

    Standard status
    Active
    Size
    9,400 SF
    Lot size
    2.00 Acres
    Property subtype
    Mixed Use, Retail

    Building Details

    Year Built
    1995

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    Douglas Sandlin
    Douglas Sandlin

    Listing office The James Balliet Property Group

    Listing date Nov 7, 2024

    Source Crexi

    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 The James Balliet Property Group

    HighLights

    • Suites available for immediate occupancy.
    • Located just 5 minutes from I‑78 and 7 minutes from downtown Fogelsville and Route 100.
    • Located in a residential area with new construction nearby.
    • Ideal for owner‑operator or 1031 Exchange buyer.
    • Current tenants include a pizza restaurant, fitness consultant, and nail salon, with a new local market opening soon.
    • ±2 acre adjoining lot also available for sale.

    Overview

    This strip center is located approximately 5 minutes from I-78 and 7 minutes from downtown Fogelsville and Route 100. Situated in a residential area with new residential construction and townhomes nearby, the property is suitable for an owner-operator or 1031 Exchange buyer. The property has suites available for immediate occupancy. Current tenants include a pizza restaurant, a fitness consultant, and a nail salon, with a local market opening soon. The property size is 9400 square feet. An adjoining lot of approximately 2 acres is also available for sale.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $108.3k $11.52
    − Vacancy −$8.0k −$0.85
    EGI $100.3k $10.67
    − OpEx −$25.1k −$2.67
    NOI $75.2k $8.00
    9,400 SF · lease $11.52/SF/yr · vacancy 7.40% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.07M
    $940.1K – $1.25M (±1% cap)
    NOI $75,206 @ 7.0% cap · market cap 5.79%
    Second Best
    Retail
    $915.2K
    $800.8K – $1.07M (±1% cap)
    NOI $64,065 @ 7.0% cap · market cap 4.93%
    Theoretical Best
    Mixed Use
    $1.38M
    $1.21M – $1.61M (±1% cap)
    NOI $96,761 @ 7.0% cap · market cap 7.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Call Trading ... Big Box & Wholesale Store FedEx Drop Box Postal Service Giovanni's Pizza Restaurant

    Suggested Use

    Restaurant Law Firm Nail Salon Building Supply Gym & Fitness Center Accounting Firm Auto Parts Store Kitchen & Bath Showroom Daycare Center Clothing & Fashion Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fogelsville
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.6864337
    Latitude
    40.5870804

    FAQs

    What type of property is this?
    Strip mall - Strip center near I-78 and Route 100, suites available.
    Where is this strip mall located?
    The property is located at 2374 Seipstown Rd Fogelsville, PA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Suites available for immediate occupancy.; Located just 5 minutes from I‑78 and 7 minutes from downtown Fogelsville and Route 100.; Located in a residential area with new construction nearby.
    (610) 435-1800 Call to check price and availability
    More about this property
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