1390 Ridgeview DrAllentown, PA 18104

Property Details for 1390 Ridgeview Dr

Year built

1999

Lot size

20.09 AC

Property size (Sq ft)

54,501 SF

Zone code

IC-1

Property type

Office properties

Property subtype

Office buildings

APN

547741547705-1

APU

5477415477051

Description

This exceptional Class A office building at 1390 Ridgeview Drive in Allentown, PA, 18104 offers a variety of spaces to suit your business needs. The property, totaling 54,000 square feet across three stories, underwent a complete renovation in 2020. Currently, two suites are available, ranging from 4,853 to 14,317 square feet. The building features a stunning three-story atrium with a skylight, providing abundant natural light. Multiple meeting and conference rooms are available for use, catering to various business functions. The building is equipped with elevators for convenient access to all three floors. The flexible layout allows for both private offices and open floor plans, making it suitable for a wide range of businesses, including executive offices, traditional offices, coworking spaces, and medical offices. This prime location in Allentown offers convenient lease terms, ideal for businesses of all sizes, from startups to established companies with up to 100 employees. The building's modern design and amenities create a professional and productive work environment. Contact us today to learn more about the available suites and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $13,538,893

  6.5%

  $12,497,440

  7%

  $11,604,766

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,168,966

  Geo Method

  $7,121,100

• Alternative Use

  Use

  Valuation

  Residential

  $15,496,825

  Hospitality

  $14,195,009

  Educational

  $11,810,081

  Medical

  $12,216,247

  Retail

  $18,371,236

Location Insight

City

Allentown

County

Lehigh

State

Pennsylvania

Latitude

40.6057

Longitude

-75.5666

CBSA code

10900

CBSA name

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

Property Tax & Assessments

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