Current Use by Public Records
- Warehouses
Property Details for 475-485 Business Park Ln
- Year built
- 2001
- Lot size
- 1.01 lot acres
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
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.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4568
- Latitude
- 40.6292
