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    307 Gordon St Allentown, PA 18102

    Sponsored
    For Sale
    $4,800,000

    Four Buildings, 107,000 SF

    Property size:
    107,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity encompasses a four-building industrial portfolio totaling 107,000 square feet, strategically located at the traffic-controlled intersection of American Parkway and W Gordon St in Allentown, Pennsylvania. The property sits on a combined 3.3 acres comprised of six parcels and is zoned for industrial use, making it ideal for manufacturing and warehousing operations. The buildings offer a mix of configurations: Building #1 (21,058 sq ft), Building #2 (32,470 sq ft), Building #3 (34,190 sq ft – with a 16,120 sq ft first floor and an 18,070 sq ft second floor), and Building #4 (19,400 sq ft). All are currently vacant, presenting a blank canvas for a new owner's vision. The property boasts six loading docks and six dock-high doors, ensuring efficient loading and unloading. Ceiling heights range from 12 to 22 feet, providing ample vertical space. Utilities are fully public, including water, sewer, natural gas, and 3-phase 800-amp power. The property's prime location offers easy access to US Route 22, enhancing its logistical advantages. This is a rare opportunity to acquire a substantial industrial property in a desirable Allentown location, currently listed for $4,800,000 ($44.86/sq ft). The property is offered for sale by owner.

    Property Features for 307 Gordon St

    General Information

    Property type
    Distribution properties
    Square Feet
    107,000 SF

    Building Details

    Buildings
    4

    HighLights

    • Four‑building industrial portfolio totaling 107,000 square feet.
    • Located at the signalized intersection of American Parkway and W Gordon St, Allentown, PA, on 3.3 acres.
    • Zoned for industrial use, ideal for manufacturing and warehousing.
    • Buildings feature a mix of configurations, with sizes ranging from 19,400 to 34,190 square feet; Building #3 has two floors.
    • Currently vacant, offering flexibility for new owner.
    • Six loading docks and six dock‑high doors; ceiling heights from 12 to 22 feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.464494173371
    Latitude
    40.610547926743

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    FAQs

    What type of property is this?
    Distribution property - Four Buildings, 107,000 SF
    Where is this distribution property located?
    The property is located at 307 Gordon St Allentown, PA.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: Four-building industrial portfolio totaling 107,000 square feet.; Located at the signalized intersection of American Parkway and W Gordon St, Allentown, PA, on 3.3 acres.; Zoned for industrial use, ideal for manufacturing and warehousing.
    Request Owner's contact information
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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
    307 Gordon St Allentown, PA 18102
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