Industrial Flex Space with Overhead
For Sale
$949,000
911-925 N Lumber St, Allentown, PA 18102
Industrial flex property combining warehouse, manufacturing, and office areas under IG zoning.
Property Size12,148 SF
Lot Size0.39 Acres
Price / SF$78.12
Days on Market58
Property Features for 911-925 N Lumber St
General Information
Standard status
Active
Size
12,148 SF
Lot size
0.39 Acres
Zoning
IG
Additional Details
Asking Price
$949,999
Office Build-Out
1,500 SF
Taxes and HOA fees
Annual Taxes
$8,899
Building Details
Building Size
12,148 SF
Listing Agency:
Keller Williams Allentown
(610) 435-1800
Listed By:
James J. Balliet · License #PA RS227612L
(610) 972-6808
Source:
Exprealty
Added: Aug 27
Changed: Oct 6
Last Checked: Oct 20 at 11:20PM
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 Keller Williams Allentown
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 911–925 N Lumber Street in Allentown, this 12,148-square-foot flex property combines warehouse and manufacturing areas with approximately 1,500 square feet of office space. Multiple overhead doors support movement throughout the building, while the existing configuration accommodates industrial operations requiring a blend of production, storage, and administrative space.
The property occupies approximately 0.393 acres and is zoned IG – Industrial General, a designation intended for low- and moderate-impact manufacturing and industrial services. Its Allentown location provides access throughout the Lehigh Valley and to the region’s major transportation network. The site is suited to owner-users and businesses seeking manufacturing, warehouse, distribution, contractor, or industrial service space.
The property occupies approximately 0.393 acres and is zoned IG – Industrial General, a designation intended for low- and moderate-impact manufacturing and industrial services. Its Allentown location provides access throughout the Lehigh Valley and to the region’s major transportation network. The site is suited to owner-users and businesses seeking manufacturing, warehouse, distribution, contractor, or industrial service space.
Key Highlights
- 12,148 SF of industrial flex space
- Approximately 1,500 SF of office area
- Warehouse and manufacturing configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,099
Cap Rate
7.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,501,980
$1.5M
Cap Rate 7%
$1,072,843
$1.1M
Cap Rate 9%
$834,433
$834.4K
Market Conditions
NOI Build-Up for 12,148 SF
Gross rent
$93.3K $7.68/SF
− Vacancy
−$4.9K −$0.41/SF
EGI
$88.4K $7.27/SF
− OpEx
−$13.3K −$1.09/SF
NOI
$75.1K $6.18/SF
Area
Allentown, PA
Vacancy
5.30%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,501,980
Cap Rate 7%
$1,072,843
Cap Rate 9%
$834,433
Alternative Uses
Best Use
Warehouse
$1.07M
$938.7K – $1.25M
NOI $75,099 @ 7.0% cap · market cap 7.91%
Second Best
Industrial
$781.1K
$683.4K – $911.3K
NOI $54,675 @ 7.0% cap · market cap 5.76%
Theoretical Best
Specialty Retail
$2.39M
$2.09M – $2.78M
NOI $167,059 @ 7.0% cap · market cap 17.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18102, PA
51,567
Population
18,788
Households
2.7
Avg Household Size
32
Median Age
11%
College-Educated
76%
High-School Grad
3.0 sq mi
ZIP Area
17,189
Density / Sq Mi
$40,681
Median Household Income
$29,501
Median Earnings
$1,224
Median Rent
$146,600
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Catering By Toni Bodony — Allentown, PA 18102
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- Clark Catering — Allentown, PA 18102
Frequently Asked Questions
What type of property is this?
Flex space - Industrial flex property combining warehouse, manufacturing, and office areas under IG zoning.
Where is this flex space located?
The property is located at 911-925 N Lumber St Allentown, PA.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 12,148 SF of industrial flex space; Approximately 1,500 SF of office area; Warehouse and manufacturing configuration
