307 Gordon St Allentown, PA 18102
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.