837 Fenwick St Allentown, PA 18109
- Warehouses
- 9,200 SF
- 0.59 lot acres
Current Use by Public Records
- Warehouses
Property Details for 837 Fenwick St
- Year built
- 1971
- Lot size
- 0.59 lot acres
- Property size
- 9,200 SF
- Zone code
- B/LI
- Property type
- Warehouses
- APN
- 640777362778-1
- APU
- 6407773627781
Description
This exceptional Allentown, PA industrial portfolio presents a compelling investment opportunity. Comprising four buildings totaling 65,775 net rentable square feet, this property offers a diverse range of spaces suitable for various business needs. The portfolio includes 837 N Fenwick St (9,200 sq ft on 0.61 acres, built in 1971), 838 N Gilmore St (9,520 sq ft on a 120' x 130' lot, built in 1963), 858 N Gilmore St (2,392 sq ft on a 55' x 130' lot, built in 1961), and 864 N Gilmore St (44,663 sq ft on approximately 2 acres, built in 1963). The buildings are zoned for Business/Light Industrial use, providing flexibility for a wide array of tenants. Strategically located in Lehigh County, near Route 22, just off Airport Road and Union Boulevard, where North Gilmore Street and East Cedar Street meet, this portfolio benefits from excellent accessibility and visibility. The asking price for this multi-tenant property is $2,500,000. Individual building sizes range from 2,392 to 44,663 square feet, offering a variety of options for potential buyers or investors seeking a strong return on investment in a prime Allentown location. The property's age ranges from 1961 to 1971.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $395,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $390,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $415,000
- Mixed-Use
- $340,000
- Hospitality
- $345,000
- Educational
- $320,000
- Residential Income
- $435,000
- Energy
- $400,000
- Income-Based Land
- $400,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4484
- Latitude
- 40.6217
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA