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    1211 Martin Luther King Jr Dr Allentown, PA 18102

    For Lease
    $9 SF/Yr ($17,600 /Mo)

    Multiple suites, 15,000 sq ft available

    Lot size:
    22,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property, located at 1211 Martin Luther King Jr Drive in Allentown, Pennsylvania, offers a significant opportunity for businesses seeking warehouse or manufacturing space. The property encompasses a substantial 22,000 square feet across eight individual suites within a larger building situated on a generous 35.501 acres of land in Lehigh County. Currently, 15,000 square feet is available for lease, providing ample room for expansion or relocation. The building, constructed in 1900, offers a blend of character and functionality. Available spaces range from approximately 1,000 to 1,416 square feet, offering flexibility for various business needs. Specific suite dimensions include several rooms ranging from 900 to 922.5 square feet with ceiling heights varying from 8 to 20 feet. This prime location offers convenient access to major highways, ensuring efficient transportation and logistics. The property's size and layout make it ideal for a variety of industrial uses, presenting a compelling investment opportunity in a thriving Pennsylvania market. The property is multi-tenant.

    Property Features for 1211 Martin Luther King Jr Dr

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,000 SF
    Total Rate
    17600

    Building Details

    Year Built
    1900

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,000 SF
    Rate per SF
    $9
    Space
    Available Space 3
    Size
    1,416 SF
    Rate per SF
    $16

    HighLights

    • 22,000 square foot industrial property in Allentown, PA.
    • 15,000 square feet currently available for lease.
    • Eight individual suites ranging from approximately 1,000 to 1,416 square feet.
    • Situated on a 35.501‑acre lot in Lehigh County.
    • Convenient access to major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bruce J Yocum ... General Contractor

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market 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
    -75.480528
    Latitude
    40.5959873

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    FAQs

    What type of property is this?
    Manufacturing property - Multiple suites, 15,000 sq ft available
    Where is this manufacturing property located?
    The property is located at 1211 Martin Luther King Jr Dr Allentown, PA.
    What is the lease rate?
    The lease rate is $9-$16 SF/Yr.
    What are key features of this property?
    This property features: 22,000 square foot industrial property in Allentown, PA.; 15,000 square feet currently available for lease.; Eight individual suites ranging from approximately 1,000 to 1,416 square feet.
    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
    1211 Martin Luther King Jr Dr Allentown, PA 18102
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