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Property profile

1302 Hanover Ave Allentown, PA 18109

FOR LEASE
Retail space
Property ID
US73-2826004
12,560 SF 6.66 ac lot Built 2008
Last sale Aug 2026 · $12,270,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,428-square-foot inline retail suite built in 2008 within Allentown Commons shopping center. The interior layout features two large open rooms suitable for a range of commercial uses, including retail, service, office, medical, wellness, or similar operations. The suite includes four bathrooms configured as two men’s and two women’s restrooms, with central air conditioning and electric and natural-gas heating. The shopping center environment includes tenants such as Planet…

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?
$231k
Tax billed · 2024
Assessed value$6.39M
Assessed land$1.74M
Assessed improvement$4.65M
Effective rate3.61%

Value estimate

· Oct 2026
$515k
$464k – $567k
Submarket $/SF estimate$1.63M
NOI build-up
Gross scheduled income$551k
Vacancy & credit loss−$40k
Operating expenses−$128k
NOI · 2,555,586.67% cap applied$383k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$103/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$57 – $130
Qualifying comparables6

Cap rate analysis

How does the asset earn?
2,555,586.67%
$383k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-4
The purpose of this district is to provide areas appropriate to and reserved for large complexes of shopping facilities containing a wide...
General categoryCOMMERCIAL
JurisdictionLEHIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.9
Law Firm10.7
Parking Facility10.7

Location

1302 Hanover Ave Allentown, PA 18109
County assessor Recorded deeds · 9 transfers 6 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
446-450 Un, Allentown, PA 18109 $1,075,000 May 2024 17,640 SF
1402 Un, Allentown, PA 18109-1506 $700,000 Apr 2023 6,290 SF
1010 Airport, Allentown, PA 18109-3330 $1,000,000 Aug 2022 13,240 SF
1633-1637 Hanover, Allentown, PA 18109 $600,000 May 2022 9,750 SF
1901-1905 Hanover, Allentown, PA 18109 $325,000 Dec 2021 6,356 SF
906 Clb, Allentown, PA 18109-1653 $750,000 May 2021 7,000 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

Ask Rey → ChatGPT Grok Claude
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