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Property profile

1630 Race St Allentown, PA 18109

OFF-MARKET
Land
1 SF 1 ac lot
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Property summary

AI-generated overview

This exceptional 1-acre industrial property, located at 1630 East Race Street in Allentown, Pennsylvania, presents a unique leasing opportunity. The property is zoned Planned Commercial, offering flexibility for a variety of industrial and flex uses. The single-tenant building boasts a total of 1 square foot of building space, making it ideal for businesses requiring a smaller footprint or those seeking land for expansion or development. The expansive 1-acre lot provides ample space for outdoor storage, operations, or future construction. Situated in Lehigh County, this property benefits from convenient access to major transportation routes, enhancing logistical efficiency. The property's strategic location in Allentown offers proximity to a robust workforce and established business infrastructure. This is an excellent opportunity for a business seeking a versatile and strategically located industrial space in a thriving Pennsylvania market. The property is available for lease and offers a blank canvas for a discerning tenant to customize and develop to their specific needs. The property's zoning designation allows for a range of commercial uses, providing significant potential for growth and expansion. Interested parties are encouraged to inquire for further details and to schedule a viewing. The zip code for this property is 18109.

Property profile

Verified
Property type Land
Total area 1 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1630 Race St Allentown, PA 18109
Allentown metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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