Flex Space with Overhead
For Sale
Contact for pricing
911 N LUMBER ST, Allentown, PA 18102
Industrial-zoned building combines warehouse, manufacturing, and office areas within Allentown’s established industrial market.
Property Size12,148 SF
Lot Size0.39 Acres
Price / SF$78.12
Days on Market51
Property Features for 911 N LUMBER ST
General Information
Standard status
Active
Size
12,148 SF
Lot size
0.39 Acres
Property subtype
Industrial
Zoning
IG
Additional Details
Asking Price
$949,999
Office Build-Out
1,500 SF
Building Details
Year Built
1890
Stories
2
Units
2
Listing Agency:
The James Balliet Property Group
Listed By:
James Balliet · License #PA RS227612L
(610) 435-1800
Source:
Crexi
Added: Aug 27
Changed: Oct 8
Last Checked: Oct 14 at 8:46PM
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
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Investment Insights
Based on property information with market context.
This flex property contains approximately 12,148 square feet arranged across warehouse and manufacturing areas, with approximately 1,500 square feet of office space. Multiple overhead doors support material movement and access throughout the building. Constructed in 1890, the property occupies approximately 0.393 acres and is designated IG, Industrial General zoning.
Located in Allentown, the facility sits within the Lehigh Valley’s established industrial market. Its combination of production, storage, and office components provides a single-building configuration for businesses requiring varied operational areas. The property is offered for sale and may also support occupancy by an owner-user or industrial operator, consistent with the stated sale and lease availability.
Located in Allentown, the facility sits within the Lehigh Valley’s established industrial market. Its combination of production, storage, and office components provides a single-building configuration for businesses requiring varied operational areas. The property is offered for sale and may also support occupancy by an owner-user or industrial operator, consistent with the stated sale and lease availability.
Key Highlights
- Approximately 12,148 SF of industrial space
- Approximately 1,500 SF of office area
- Warehouse and manufacturing space in one building
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.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Under-served
Demand for This Use
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial-zoned building combines warehouse, manufacturing, and office areas within Allentown’s established industrial market.
Where is this flex space located?
The property is located at 911 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: Approximately 12,148 SF of industrial space; Approximately 1,500 SF of office area; Warehouse and manufacturing space in one building
