475-485 Business Park Ln Allentown, PA 18109
This exceptional 24,000-square-foot industrial property, located at 475-485 Business Park Lane in Allentown, Pennsylvania, presents a compelling owner-user opportunity. The vacant building, constructed in 2001, offers a versatile blend of manufacturing and warehouse space, ideal for a variety of industrial operations. Boasting a two-story design with a 23-foot clear height, the property maximizes storage and operational efficiency. The building includes 9,000 square feet of second-floor storage accessible by elevator, and features radiant floor heating throughout, ensuring energy efficiency and cost savings. Safety is prioritized with a fully sprinklered system. The property also includes ample parking and a balanced mix of warehouse and office space, with approximately 12% dedicated to office functions. Situated on a 1.01-acre lot, this property benefits from its strategic location in Lehigh County, providing easy access to major highways and transportation networks. The property is zoned for industrial use and features 3-phase power, accommodating heavy machinery and equipment. The asking price is $2,699,000, with an occupancy date of September 29, 2024. The APN is 640840933242-1. This is a prime investment opportunity in a robust industrial market, offering significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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