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    531 Clewell St Fountain Hill, PA 18015

    For Sale
    $850,000

    Mixed-use potential, 14,000 SF, Lehigh University proximity.

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional redevelopment opportunity presents a 14,000-square-foot retail property located at 531 S Clewell St, Fountain Hill, PA 18015, in Lehigh County. The property, situated on a one-acre parcel, offers significant potential for mixed-use development. Previously utilized as a daycare and auto repair garages, this building presents a blank canvas for a variety of commercial ventures. The asking price is $850,000, translating to $60.71 per square foot. The property consists of one building with three units, all 14,000 square feet of which are net rentable. Its prime location near Lehigh University provides excellent visibility and accessibility. Ample on-site parking is available. The property is being sold "as is," presenting a unique chance to create a thriving business or multi-family development. Seller financing is a possibility, with a $375,000 down payment and a 7.5% interest rate for three years, with no prepayment penalty. This large lot offers considerable flexibility for a variety of development plans. The property's strategic location and substantial size make it an attractive investment for those seeking a high-impact redevelopment project.

    Property Features for 531 Clewell St

    General Information

    Property type
    Day care centers
    Square Feet
    14,000 SF

    Building Details

    Buildings
    1
    Units
    3

    HighLights

    • Excellent Lehigh University proximity.
    • Over one‑acre lot.
    • High potential for multifamily or commercial redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fountain Hill
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.390818187217
    Latitude
    40.602646556291

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    FAQs

    What type of property is this?
    Day care center - Mixed-use potential, 14,000 SF, Lehigh University proximity.
    Where is this day care center located?
    The property is located at 531 Clewell St Fountain Hill, PA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: Excellent Lehigh University proximity.; Over one-acre lot.; High potential for multifamily or commercial redevelopment.
    (267) 651-5317
    Request Owner's contact information
    531 Clewell St Fountain Hill, PA 18015
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    Fountain Hill, PA 18015
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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
    531 Clewell St Fountain Hill, PA 18015
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