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    Property profile & analytics
    FOR LEASE
    Industrial land

    1050 Mill Rd, Allentown, PA 18106

    8.55 ac lot
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US73-5993988
    Property summary
    AI-generated overview

    This exceptional 70,000-square-foot Class A industrial warehouse sits on a 6.7-acre lot in Allentown, Pennsylvania. Built in 2023, this single-tenant property offers a build-to-suit opportunity with a proposed 32-foot clear height. Located in a professional business park, it benefits from convenient access to major roadways including Route 100, Routes 22 and 222, and I-78. The property is zoned LI-Light Industrial, allowing for a variety of uses including manufacturing, construction, packaging, outside storage, wholesale, repair services, printing, industrial equipment sales, trade schools, research and development, and pharmaceuticals. Public water and sewer are available. The ample land provides potential for significant truck parking and outdoor storage, making this an ideal location for businesses requiring substantial space and convenient transportation links. The Lehigh County location and the property's new construction status ensure a modern and efficient workspace. APN: 545697510390.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 8.55 ac (372,307 SF)
    Zoning code LI
    APN 545697510390-1
    UPID US73-5993988
    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
    $1.17M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.04M
    Owner & transaction history
    Triple Net Investments LLC · 5 yrs held
    Triple Net Investments LLC
    since 2021
    Last sale
    $961,000
    2 recorded transactions
    2021
    $961,000
    2008
    $800,000
    Zoning & alternative use
    LI · Allentown, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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