Property profile

1027-1047 Union Blvd Allentown, PA 18109

OFF-MARKET
Warehouses
5,720 SF 1.6 ac lot
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Property summary

AI-generated overview

This exceptional multi-tenant investment package comprises three parcels totaling 1.6 acres in Allentown, Pennsylvania's desirable B3 Highway Business zoning district. The portfolio boasts a combined net rentable area of 25,831 square feet, distributed across several buildings. 951 N Jerome Street features an 11,781 square foot building, including a 9,261 square foot warehouse and a 2,520 square foot office space. At 1027 Union Boulevard, a 8,330 square foot building offers 4,330 square feet of office space. Finally, 1047 Union Boulevard houses a 5,720 square foot retail store, and an additional 4,000 square foot retail space is located within the 1027 Union Boulevard building. The property's diverse mix of warehouse, office, and retail spaces caters to a wide range of tenants, offering significant income potential and long-term stability. The asking price for this prime Allentown investment opportunity is $1,600,000. Individual building square footage ranges from 5,720 to 11,781 square feet. This property presents a compelling opportunity for investors seeking a diversified portfolio with strong rental income and significant upside potential in a thriving Pennsylvania market. The property is located in Lehigh County, PA, zip code 18109.

Property profile

Verified
Property type Warehouses
Total area 5,720 SF
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

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

Location

1027-1047 Union Blvd 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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