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Property profile & analytics
OFF-MARKET
Warehouses

2200 12Th St Allentown, PA 18103

175,000 SF 22 ac lot Built 1967
Property ID
Property summary
AI-generated overview

This exceptional 175,000-square-foot industrial warehouse, situated on a sprawling 22-acre lot in Allentown, Pennsylvania, presents a significant investment opportunity. Built in 1967, this single-story building features 6 loading docks, a 24-foot ceiling height, and is zoned for industrial use. The property boasts a substantial 165-foot truck court depth with 30 dock doors, plus two 14x14 ramped drive-in doors. The warehouse includes approximately 20,000 square feet of storage and distribution space, and an additional 15,000 square feet for showroom, retail, or office space, adaptable to tenant specifications. The structure is of tilt-up concrete panel construction, equipped with ESFR sprinklers, and benefits from a robust power supply (2000 Ampere; 480/277 Volt, 3-phase electric) provided by PPL. Public water and sewer services are available through the Lehigh Authority, and gas is supplied by UGI. The property offers ample on-site car parking and is potentially rail-served. Its strategic location provides excellent highway access, being two miles from I-78 at the Lehigh Street exit. The property enjoys proximity to major markets, including Philadelphia (70 miles), Harrisburg (90 miles), Wilkes-Barre/Scranton (75 miles), New York City (100 miles), Baltimore (130 miles), Washington, D.C. (170 miles), Pittsburgh (270 miles), and Boston (320 miles). Lease terms are NNN, with a lease rate of $8.50 per square foot and an estimated CAM of $2.50 per square foot. This property is ideal for a variety of industrial uses.

Property profile
Verified
Property type Warehouses
Year built 1967
Total area 175,000 SF
Lot 22 ac (958,320 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • MobilityWorks Production Facility
  • Palacras Business Management Consultant
  • Force Ten Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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