Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2200 12Th St Allentown, PA 18103
    Back to Search
    Property profile & analytics

    2200 12Th St, Allentown, PA 18103

    View on Map
    • Warehouses
    • 175,000 SF
    • 22.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MobilityWorks / Production Facility
    • Palacras / Business Management Consultant
    • Force Ten Inc / Industrial Manufacturer / Production Facility

    Property Details for 2200 12Th St

    Year built
    1967
    Lot size
    22.00 lot acres
    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    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.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4762
    Latitude
    40.5722

    Comparable in this City

    • Value Estimation by Request
      79,465 SF

      1210 Sesqui St

      Distribution properties
      1210 Sesqui St, Allentown, PA 18103
      View Details
    • Value Estimation by Request
      255,000 SF

      1801 12Th St

      Distribution properties
      1801 12Th St, Allentown, PA 18103
      View Details
    • Value Estimation by Request
      148,104 SF

      1811 Glenwood St

      Distribution properties
      1811 Glenwood St, Allentown, PA 18103
      View Details
    • Value Estimation by Request
      80,000 SF

      1210 Sesqui St

      Distribution properties
      1210 Sesqui St, Allentown, PA 18103
      View Details
    • Value Estimation by Request
      115,074 SF

      420 Martin Luther King Jr Dr

      Distribution properties
      420 Martin Luther King Jr Dr, Allentown, PA 18103
      View Details
    • Value Estimation by Request
      11,323 SF

      1506 Albert St, Unit 1526

      DISTRIBUTION WAREHOUSE
      1506 Albert St, Allentown, PA 18103-4144
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,055 SF

      Established Daycare Facility For Sale

      Well-maintained daycare property with updated facilities and secure outdoor play.
      2302-2310 S 5Th St, Allentown, PA 18103
      View Details
    • Contact for pricing

      2.02 Acres on Lehigh Street

      2.02 acres with 2,380 SF building for sale/lease.
      1425 Lehigh St, Allentown, PA 18103
      View Details
    • $499,000
      Pending

      Vacant Land For Sale

      Vacant land available for sale in Lehigh County.
      566-588 W Emaus Ave, Allentown, PA 18103
      View Details
    • Contact for pricing

      Prime Commercial Lot on Hamilton

      Exceptional commercial lot in Lehigh Valley's retail corridor.
      3250 Hamilton Blvd, Allentown, PA 18103
      View Details
    • Contact for pricing
      8,131 SF

      Freestanding Retail Building on 1.75 Acres

      Freestanding retail building on 1.75 acres with ample parking.
      3750 Hamilton Blvd, Allentown, PA 18103
      View Details
    • Contact for pricing

      Commercial Lot on S 4th

      1.2 +/- acre commercial lot for sale in Allentown, PA.
      1330 S 4Th St, Allentown, PA 18103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      500,000 SF

      Allentown Warehouse and Distribution Space

      Large industrial space suitable for warehouse and distribution purposes.
      2027 South 12Th St, Allentown, PA 18103
      View Details
    • Contact for pricing

      Allentown Warehouse Space Available

      Warehouse space available for rent in Allentown, Pennsylvania.
      2401 West Emaus Ave, Allentown, PA 18103
      View Details
    • Contact for pricing

      Allentown Warehouse Space for Lease

      Updated warehouse space available for immediate occupancy in Allentown.
      2323 26Th St SW, Allentown, PA 18103
      View Details
    • New
      $3,000 /Mo
      8,799 SF

      Brick-Front Flex Office Suite

      A flex-space office with private offices, conference room, and garage-level flexibility for storage or expanded operations.
      203 E Emmaus Ave, Allentown, PA 18103
      View Details
    • $1,350 /Mo

      Commercial Space in Allentown, PA

      Clean commercial space in Allentown, PA, ready for customization.
      1911 S Bradford St, Allentown, PA 18103
      View Details
    • Contact for pricing
      148,104 SF

      Shovel Ready Lehigh Valley Land

      Fully approved land for lease with I-78 visibility.
      1811 Glenwood St SW, Allentown, PA 18103
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2200 12Th St
    Allentown, PA 18103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2200 12Th St, Allentown, PA, 18103
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!