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    1231-1319 Airport Rd Allentown, PA 18109

    Sponsored
    For Lease
    Contact for pricing

    Allentown Retail Space & Pad Site Available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Allentown, PA retail property, located at 1231-1319 Airport Road in Lehigh County, presents a unique investment opportunity. The property is a bustling neighborhood shopping center situated on a heavily trafficked road, boasting a prime location with high visibility. Currently, a 1,600 square foot retail space is available, ideal for a variety of uses including fitness centers, beverage distributors, or smoke shops. The existing tenant mix includes established businesses such as Family Dollar, Arby's, Truist Bank, The Pizza Joint, Metro PCS, Platinum Plus, and H&R Block, creating a strong synergy and established customer base. Furthermore, the property offers significant expansion potential. Approved plans exist for a 20,000 square foot retail expansion or a 2-acre pad site available for ground lease to a qualified tenant. The property is zoned B-4 and the total building size is 20,000 square feet, with the entire space currently vacant. This presents a rare chance to acquire a well-positioned retail center with immediate occupancy and substantial growth potential. The adjacent Airport Plaza-Redner's Warehouse Market further enhances the location's appeal and draws significant foot traffic. This is an excellent opportunity for a savvy investor or business owner seeking a high-traffic location with immediate occupancy and future expansion possibilities.

    Property Features for 1231-1319 Airport Rd

    General Information

    Property type
    Medical space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF

    Unit(s) available at that property

    Space
    Size
    20,000 SF

    HighLights

    • 20,000 SF retail building on a 2‑acre lot in Lehigh County.
    • 1,600 SF of retail space immediately available.
    • 20,000 SF pad site available for ground lease to a credit tenant.
    • B‑4 zoning.
    • Strong tenant mix including Family Dollar, Arby's, and Truist Bank.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4414318
    Latitude
    40.6294041

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    FAQs

    What type of property is this?
    Medical space - Allentown Retail Space & Pad Site Available
    Where is this medical space located?
    The property is located at 1231-1319 Airport Rd Allentown, PA.
    What are key features of this property?
    This property features: 20,000 SF retail building on a 2-acre lot in Lehigh County.; 1,600 SF of retail space immediately available.; 20,000 SF pad site available for ground lease to a credit tenant.
    Request Owner's contact information
    1231-1319 Airport Rd Allentown, PA 18109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1231-1319 Airport Rd Allentown, PA 18109
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