2946 Macarthur RdWhitehall, PA 18052

Property Details for 2946 Macarthur Rd

Year built

1870

Construction

TYPE NOT SPECIFIED

Lot size

0.52 AC

Property size (Sq ft)

1,920 SF

Zone code

R-3

Property type

Office properties

Property subtype

Office buildings

APN

549827759218-1

APU

5498277592181

Description

This exceptional 4.241-acre mixed-use property in Whitehall, Pennsylvania, presents a unique redevelopment opportunity. Located on four contiguous parcels at a signalized intersection of MacArthur Rd and Mechanicsville Rd, this high-visibility site boasts significant daily traffic counts (34,000 vehicles). The property includes eight existing buildings, offering diverse options for repurposing or redevelopment. These structures comprise a store/showroom with an attached home, a repair shop with drive-in doors and steel canopy, an 11,840 sq ft steel warehouse (22 ft ceilings, clear span, concrete floor, heating system, two 14 ft drive-in doors), a fully leased and updated six-unit apartment building generating rental income, a partially renovated Victorian brick building, extensive outdoor covered storage, and several garages and workshops. The property's strategic location along a major north-south commercial corridor in the Lehigh Valley places it near numerous national brands. Potential uses are plentiful and include, but are not limited to, franchise restaurants, retail centers, IT manufacturing campuses, daycare facilities, auto service centers, and banking/financial institutions. The asking price is $4,790,000, and the property is offered fee simple. HOP authorized access to both MacArthur Rd and Mechanicsville Rd is available.

• CAP approach

  CAP return

  Valuation

  6%

  $476,958

  6.5%

  $440,269

  7%

  $408,821

• Comparable approach

  Method

  Valuation

  Relative Method

  $252,553

  Geo Method

  $250,867

• Alternative Use

  Use

  Valuation

  Residential

  $545,933

  Hospitality

  $500,072

  Educational

  $416,054

  Medical

  $430,363

  Retail

  $647,195

Location Insight

City

Whitehall

County

Lehigh

State

Pennsylvania

Latitude

40.6498

Longitude

-75.4999

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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