Individually Owned 
For Sale
1 / 2
$3,600,000
1022 3Rd St, Whitehall, PA 18052
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Property summary
AI-generated overview
This exceptional 7.47-acre land parcel, located at 1022 3rd Street in Whitehall, PA 18052 (Lehigh County), presents a unique investment opportunity. The property, encompassing two parcels (APN: 640804014688-1, 640804301935-1), is zoned R5-High Density Residential, offering significant development potential. The land boasts level topography, making it ideal for various construction projects. Its strategic location provides excellent visibility, with over 18,000 vehicles passing daily. Ample parking is readily available. The property benefits from its proximity to numerous amenities, including the Lehigh Valley Mall, Walmart, Lowe's, Best Buy, Michael's, and a wide selection of restaurants. Furthermore, its convenient location offers easy access to Route 22 via the Fullerton Avenue exit, enhancing its appeal for both residential and commercial development. The asking price for this substantial land holding is $3,600,000. This presents a rare chance to acquire a large, well-situated parcel in a thriving area of Pennsylvania.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1880
Total area
42,458 SF
Lot
6.81 ac (296,469 SF)
Zoning code
R-5
APN
640804014688-1
UPID
US73-3980228
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$700k
Blend (final)
Blend
$635k
Owner & transaction history
since 2018
2 recorded transactions
Zoning & alternative use
R-5 · Whitehall, PA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$635k
Value range
$572k – $699k
±10% around blend
Estimated value / SF
$15 / SF
Confidence
High
5 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
50
$572k
blend $635k
$699k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
42,458 SF
Lot area
6.81 ac
Year built
1880
Stories
2
APN
640804014688-1
Zoning
R-5
Assessed value
$820,100
Annual tax
$23,238
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$5.64M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.4 mi away · 52,156 SF
1.6 mi away · 38,400 SF
2.1 mi away · 32,470 SF
3.0 mi away · 38,241 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$635k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 78 sales
$69
-78%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $15/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$820k
Move the market yield to see immediate price impact.
Value / SF
$19
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$52k
$1.03M
$738k
$574k
$57k
$1.15M
$820k
$638k
$63k
$1.26M
$902k
$702k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$6.85M
1.0 mi · May 2026 · $146/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$23,238
Tax year 2024
Assessed value
$820,100
Assessed 2024
Previous assessed
$820,100
+0.0% YoY
Effective rate
2.83%
On assessed value
Assessed land
$632,100
Assessed improvement
$188,000
Land market value
$632,100
Improvement market value
$188,000
Total market value
$820,100
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1880
Heating
FORCED AIR
Buildings
8
Stories
2
Total area
42,458 SF
Lot
6.81 ac (296,469 SF)
Zoning code
R-5
APN
640804014688-1
UPID
US73-3980228
Jurisdiction
LEHIGH
Zoning & alternative use
R-5 · Whitehall, PAZoning R-5 · permitted uses
R-5 · Whitehall, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1880
Heating
FORCED AIR
Stories
2
Buildings
8
Lot
6.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R-5
Jurisdiction
Whitehall, PA
Recorded code
R-5
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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