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Property profile

307 Gordon St Allentown, PA 18102

OFF-MARKET
Warehouses
107,000 SF
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses a four-building industrial portfolio totaling 107,000 square feet, strategically located at the traffic-controlled intersection of American Parkway and W Gordon St in Allentown, Pennsylvania. The property sits on a combined 3.3 acres comprised of six parcels and is zoned for industrial use, making it ideal for manufacturing and warehousing operations. The buildings offer a mix of configurations: Building #1 (21,058 sq ft), Building #2 (32,470 sq ft), Building #3 (34,190 sq ft – with a 16,120 sq ft first floor and an 18,070 sq ft second floor), and Building #4 (19,400 sq ft). All are currently vacant, presenting a blank canvas for a new owner's vision. The property boasts six loading docks and six dock-high doors, ensuring efficient loading and unloading. Ceiling heights range from 12 to 22 feet, providing ample vertical space. Utilities are fully public, including water, sewer, natural gas, and 3-phase 800-amp power. The property's prime location offers easy access to US Route 22, enhancing its logistical advantages. This is a rare opportunity to acquire a substantial industrial property in a desirable Allentown location, currently listed for $4,800,000 ($44.86/sq ft). The property is offered for sale by owner.

Property profile

Verified
Property type Warehouses
Total area 107,000 SF

Cap rate & NOI

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

Location

307 Gordon St Allentown, PA 18102
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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