1125 Cedar Crst Blvd Allentown, PA 18103-7903
- Office buildings
- 9,840 SF
- 1.54 lot acres
Jun 17, 2021
Current Use by Public Records
- Ron Atamian at CrossCountry Mortgage / Loan Service / Bank
- Labate Chiropractic Holistic Wellness Center / Alternative Medicine Practice
- Stephen J Palopoli III / Law Firm
- Collins Kathleen M / Law Firm
- Krouse Gwin / Law Firm
Property Details for 1125 Cedar Crst Blvd
- Year built
- 1975
- Lot size
- 1.54 lot acres
- Property size
- 9,840 SF
- Zone code
- C1
- Property type
- Office buildings
- APN
- 548588295464-1
- APU
- 5485882954641
Description
The Rose Professional Building offers exceptional office space in a highly desirable location, boasting convenient access to Routes 78 and 22, and the Pennsylvania Turnpike. This meticulously remodeled building features a total of 9,840 square feet, with multiple suites available ranging from 769 to 3,503 square feet. Currently, 6,200 square feet of space is vacant, offering significant opportunities for businesses seeking flexible and modern office environments. The building is zoned C1 and includes two floors served by elevators, ensuring convenient access for tenants and clients. Ample on-site parking is available with 70 spaces, providing convenient parking for staff and visitors. The building's design is ideal for a variety of professional uses, including medical practices, insurance agencies, and other office-based businesses. The attractive and functional suites are well-designed and ready for immediate occupancy. A significant advantage is the all-inclusive Net, Net, Net (NNN) lease structure, which covers most operating expenses, including electricity, heating and air conditioning, insurance, water, sewer, trash removal, property taxes, and common area maintenance and management. This simplifies budgeting and allows businesses to focus on their core operations. The building's prominent location and excellent amenities make it an exceptional opportunity for businesses seeking a high-quality, convenient, and cost-effective office space.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,105,000
- ML approach
- $1,105,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $950,000
- 6.5%
- $875,000
- 7%
- $815,000
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,330,000 Current use
- COMMERCIAL (GENERAL)
- $1,220,000 Change: -9% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $1,140,000 Change: -14% Conversion: Easy
- RETAIL STORES
- $1,095,000 Change: -18% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.519
- Latitude
- 40.572
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA