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Property profile & analytics
OFF-MARKET
Distribution centers

1021 Turner St Allentown, PA 18102-3879

6,960 SF 0.11 ac lot
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-5640439
Property summary
AI-generated overview

This exceptional 1,500 square foot storefront, located at 1021 W Turner Street in Allentown's vibrant Lehigh Valley submarket, presents a unique investment opportunity. Housed within a historically significant, mixed-use building (APN: 549780676957-1) undergoing a complete 2023 restoration, this single-tenant space is slated for completion in March 2024. The property boasts attractive features including exposed brick, large storefront windows designed to maximize natural light and visibility, and convenient on-street parking. The building, constructed in 1740, offers a blend of historical character and modern functionality. This retail space is ideally situated in a walkable neighborhood, providing easy access to downtown Allentown and benefiting from its proximity to C.E. Roth retailer. Public water and sewer services are available, and the property is conveniently served by public transportation. The zoning is RMH. The total building size is 6,960 square feet, spread across two stories, within a single building. There are no elevators. This is a rare chance to secure a prime retail location in a revitalized area with significant foot traffic and strong potential for growth. The space is perfect for a variety of retail or office uses.

Property profile
Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Total area 6,960 SF
Lot 0.11 ac (4,600 SF)
Zoning code R-MH
APN 549780676957-1
UPID US73-5640439
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dairy On Turner LLC · 7 yrs held
Dairy On Turner LLC
since 2019
4 recorded transactions
2019
Price N/A
2019
$10,000
2012
$49,802
2008
$30,000
Zoning & alternative use
R-MH · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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