Technical
Financial
Distress signals
Property profile

1042 Ml Crk Rd Allentown, PA 18106

OFF-MARKET
Strip malls
Property ID
US73-2343568
18,340 SF 2.38 ac lot Built 2005
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

West Valley Marketplace is a retail shopping center totaling 259,163 square feet, anchored by Walmart, located in Allentown, Lehigh County, Pennsylvania along Hamilton Boulevard (Route 222) and Mill Creek Road. The property is served by signalized access on Hamilton Boulevard and includes two ingress/egress points along Mill Creek Road. It is positioned within the West Allentown power center market and is accessed via nearby Interstate 476 and Hamilton Boulevard. The center includes co-tenants such as Mattress Firm and GameStop, and it contains smaller retail spaces suitable for neighborhood and destination retail uses; one listed space is approximately 1,400 square feet.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 18,340 SF
Lot 2.38 ac (103,629 SF)
Zoning code C
APN 547502803136-1
UPID US73-2343568

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1042 Ml Crk Rd Allentown, PA 18106-9193
Allentown metro Census 6305 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$540k
CAP Approach CAP
by Request
Comparable Approach Comparable
$858k
Blend (final) Blend
$700k

Owner & transaction history

since 2017
6 recorded transactions
2020
Price N/A
2020
Price N/A
2017
$34.5M
2017
$34.5M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Allentown, PA
Top alternative use upside
Industrial (general) $1.0M +54.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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