Property profile

1251 S Cedar Crest Blvd Allentown, PA 18103

FOR LEASE
Office buildings
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Property ID
US73-3045267
138,935 SF 8.91 ac Built 1976
Last sale Jan 2008·$45,000,000
Individually Owned Owner of record is an individual. 18-yr Hold Held for 18 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
1251 S Cedar Crest Blvd, Allentown, PA 18103 For Lease
$11,145,000 10,743 SF available
1251 S Cedar Crest Blvd, Allentown, PA 18103
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Property summary

AI-generated overview

The property is a seven-building business park containing office suites intended for occupancy, with on-site professional management and maintenance personnel, and with a history of recent interior and exterior upgrades. It is located off Interstate 78 and includes ample free on-site parking. Public transportation access is provided nearby via three bus stops. The park offers on-site amenities including a fitness facility, two restaurants, and a bank with drive-through service, and it is adjacent to green space and walking trails.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$253k
Tax billed · 2024
Assessed value$8.40M
Assessed land$3.69M
Assessed improvement$4.72M
Effective rate3.01%

Value estimate

· Nov 2026
$11.15M
$10.03M – $12.26M
CAP approach$12.38M
Submarket $/SF estimate$13.08M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$135/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$94 – $180

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C1
JurisdictionLEHIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.8
Hair Salon14.3
Auto Repair Shop13.4

Location

1251 S Cedar Crest Blvd Allentown, PA 18103
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
919 9th, Allentown, PA 18103-3977 $1,300,000 May 2024 12,638 SF
2024 Lehigh, Allentown, PA 18103-4938 $16,900,000 Mar 2024 63,348 SF
2127 Downyflake, Allentown, PA 18103-4724 $2,500,000 Jan 2023 44,196 SF
2236 12th, Allentown, PA 18103-5602 $2,000,000 Jul 2022 44,196 SF
1740 Lynnwood, Allentown, PA 18103-4739 $1,350,000 Mar 2021 11,450 SF
3440 Lehigh, Allentown, PA 18103-7001 $2,250,000 Aug 2020 40,436 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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