Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1150 Glenlivet Dr Fogelsville, PA 18106

    • Office buildings
    • 1,150 SF
    For Lease
    View listing
    $13 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2306441
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • American Financial Network Inc. / Loan Service / Bank
    • Angela R. Newcomer, DC / Alternative Medicine Practice
    • Lifetime Tax Service / Tax Preparation
    • Michael G Perovich & Associates / Physician / Medical Clinic
    • Ann E. Sadr, PsyD / Physician / Medical Clinic

    Property Details for 1150 Glenlivet Dr

    Year built
    2001
    Property size
    1,150 SF
    Zone code
    LI
    Property type
    Office buildings
    APN
    545674859900-2
    APU
    5456748599002

    Description

    This exceptional 1,200 square foot executive office suite is available for immediate lease in Lehigh County's Li-Light Industrial Park at 1150 Glenlivet Drive, Suite A-16. The entire building, comprising a single suite, offers ample parking for tenants and employees. The space boasts a private entrance, adding to its exclusivity and convenience. Inside, you'll find a well-appointed kitchenette, perfect for staff and client refreshments. The layout includes multiple private areas, ideal for individual offices, meeting rooms, or collaborative workspaces, providing flexibility to suit various business needs. The property is zoned for light industrial use, making it suitable for a range of professional services and businesses. This turnkey solution eliminates the need for extensive renovations or build-outs, allowing for a swift and seamless transition into your new workspace. The entire 1,200 square feet is currently vacant and ready for immediate occupancy. This presents a rare opportunity to secure a fully self-contained office space in a desirable location with ample parking and convenient amenities. Don't miss this chance to establish your business in this prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.6278
    Latitude
    40.5898
    CBSA code
    10900
    CBSA name
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,206
    $0.00
    $154,000
    $154,000
    -
    $0.00
    $154,000
    $154,000

    Comparable in this City

    • Value Estimation by Request
      1,561 SF

      351 Rte 100

      OFFICE BUILDING • 1,561 SF
      351 Rte 100, Allentown, PA 18106-9212
      View Details
    • Value Estimation by Request
      1,596 SF

      5148 Hamilton Blvd

      OFFICE BUILDING • 1,596 SF
      5148 Hamilton Blvd, Allentown, PA 18106-9788
      View Details
    • Value Estimation by Request
      900 SF

      1150 Glenlivet Dr, Unit 123

      OFFICE BUILDING • 900 SF
      1150 Glenlivet Dr, Allentown, PA 18106-3112
      View Details
    • Value Estimation by Request
      1,789 SF

      761 Brookside Rd

      OFFICE BUILDING • 1,789 SF
      761 Brookside Rd, Allentown, PA 18106-9706
      View Details
    • Value Estimation by Request
      2,312 SF

      4847 Hamilton Blvd

      PROFESSIONAL BUILDING (MULTI-STORY) • 2,312 SF
      4847 Hamilton Blvd, Wescosville, PA 18106-9705
      View Details
    • Value Estimation
      $770,000
      12,057 SF

      6201 Hamilton Blvd

      OFFICE BUILDING • 12,057 SF
      6201 Hamilton Blvd, Allentown, PA 18106-9684
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,884 SF

      Allentown Retail/Office Opportunity

      Located in Hamilton Crossings, ideal for office or medical use.
      5392 Hamilton Blvd, Allentown, PA 18106
      View Details
    • $199,900
      0.59 Acres

      Improved Commercial Lot Near Highways

      Light industrial/commercial lot with recent improvements near major highways.
      6743 Ruppsville Rd, Allentown, PA 18106
      View Details
    • Contact for pricing
      39,827 SF

      Allentown Industrial Warehouse For Sale/Lease

      Class A Warehouse, 39,827 SF, Shovel-Ready
      1001 Glenlivet Dr, Allentown, PA 18106
      View Details
    • $2,500,000
      1.63 Acres

      Prime Retail Land Opportunity

      Land available in a high-traffic retail corridor.
      5329 Hamilton Boulevard Byp, Allentown, PA 18106
      View Details
    • $1,600,000
      42.39 Acres

      Private Lot in Parkland School

      42.3+ acre lot with views in Parkland School District.
      2021 Hickory Ln, Allentown, PA 18106
      View Details
    • $189,500
      1,069 SF

      Allentown City Condo For Sale

      Well-maintained condo in a convenient Allentown City location.
      997 Village Round, Allentown, PA 18106
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,999 SF

      Class A Office Building

      Single-story office building with cafeteria and conference facilities for rent.
      7450 Tilghman St, Allentown, PA 18106
      View Details
    • Contact for pricing
      124,408 SF

      Allentown Office Space with Fitness

      Landmark building in Iron Run Corporate Center with ample parking.
      7660 Imperial Way, Allentown, PA 18106
      View Details
    • $13 SF/Yr
      1,200 SF

      Executive Office Suite For Lease

      1200 sq ft, Ample Parking, Immediate Occupancy
      1150 Glenlivet Dr, Fogelsville, PA 18106
      View Details
    • $21 SF/Yr
      1,437 SF

      Allentown Executive Office Space

      Prime Allentown Office, 1437 SF
      5248 Hamilton Blvd, Allentown, PA 18106
      View Details
    • Contact for pricing
      44,360 SF

      Allentown Flex Space with Warehouse

      Flex space with warehouse, office, dock doors, and highway access.
      6520 Stonegate Dr, Allentown, PA 18106
      View Details
    • Contact for pricing
      24,550 SF

      Single Story Office/Flex Building

      Single-story office/flex building with plug and play suite and parking.
      6575 Snowdrift Rd, Allentown, PA 18106
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1150 Glenlivet Dr
    Fogelsville, PA 18106
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.