Technical
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Property profile

1211 Martin Luther King Jr Dr Allentown, PA 18102

OFF-MARKET
Warehouses
22,000 SF 35501 ac lot Built 1900
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Property summary

AI-generated overview

This exceptional industrial property, located at 1211 Martin Luther King Jr Drive in Allentown, Pennsylvania, offers a significant opportunity for businesses seeking warehouse or manufacturing space. The property encompasses a substantial 22,000 square feet across eight individual suites within a larger building situated on a generous 35.501 acres of land in Lehigh County. Currently, 15,000 square feet is available for lease, providing ample room for expansion or relocation. The building, constructed in 1900, offers a blend of character and functionality. Available spaces range from approximately 1,000 to 1,416 square feet, offering flexibility for various business needs. Specific suite dimensions include several rooms ranging from 900 to 922.5 square feet with ceiling heights varying from 8 to 20 feet. This prime location offers convenient access to major highways, ensuring efficient transportation and logistics. The property's size and layout make it ideal for a variety of industrial uses, presenting a compelling investment opportunity in a thriving Pennsylvania market. The property is multi-tenant.

Property profile

Verified
Property type Warehouses
Year built 1900
Total area 22,000 SF
Lot 35501 ac (1,546,423,560 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

1211 Martin Luther King Jr Dr Allentown, PA 18102
Allentown metro
Google Maps

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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