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Property profile & analytics

954 Marcon Blvd Allentown, PA 18109

  • Office buildings
  • 30,303 SF
  • 3.26 lot acres
For Lease
Last Sale
Jan 10, 2024
$2,744,444
Value Estimations
$2,795,000
Cap Rate Potential
6.4%
Office buildings
Location Intelligence
Property ID
US73-2079649
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 954 Marcon Blvd

Year built
1982
Lot size
3.26 lot acres
Property size
30,303 SF
Zone code
PIO
Property type
Office buildings
APN
640884966837-1
APU
6408849668371

Description

This exceptional 30,140-square-foot office building in Allentown, PA, presents a unique leasing opportunity. Situated on a 3.44-acre lot, this single-story, multi-tenant building boasts a prominent location off Route 22, providing convenient access to the Pennsylvania Turnpike (I-476) and Route 78. Built in 1982, the masonry structure offers high ceilings ranging from 18 to 22 feet, creating a spacious and adaptable workspace. The property features ample parking with 244 spaces available. The building's electrical service is robust, with a 1,600-amp power supply. While there are no elevators, the single-story design ensures easy accessibility throughout the entire 30,140 square feet of currently vacant space. This property is part of the Denholtz Lehigh Valley light industrial portfolio and benefits from its strategic location, placing it within a day's drive of nearly 40% of the U.S. population. The property is located in Lehigh County and is ideal for businesses seeking a large, well-located office space with significant parking. The building's size and features make it suitable for a variety of office uses. This is a rare opportunity to secure a substantial office space in a highly desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $2,745,000
    ML approach
    $2,745,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,925,000
    6.5%
    $2,700,000
    7%
    $2,505,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $3,205,000
    Market price range: $1.38M - $5.19M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Allentown
County
Lehigh
State
Pennsylvania
Longitude
-75.4419
Latitude
40.6409
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$67,747
$326,500
$2,425,800
$2,752,300
-
$326,500
$2,425,800
$2,752,300
More about this property
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