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Property profile & analytics
FOR LEASE
Community centers

1309 Blue Valley Dr Pen Argyl, PA 18072

104,971 SF 20.3 ac lot Built 1990
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US73-2583654
1309 Blue Valley Dr, Pen Argyl, PA 18072 For Lease
$11 SF/Yr 132,541 SF available
1309 Blue Valley Dr, Pen Argyl, PA 18072
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Property summary
AI-generated overview

Bangor Plaza, a Class B neighborhood shopping center in Northampton County, Pennsylvania, presents a compelling investment opportunity. This 104,971 square foot retail property, built in 1990 and comprised of three buildings, offers multiple tenancy options with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 3,484 square feet. Currently, 7,484 square feet are vacant, providing immediate opportunities for expansion or new tenants. The center boasts a strong tenant mix, including co-anchors Weis Markets and Lehigh Valley Health Network, along with established national and regional tenants such as Dollar Tree, Subway, Miracle Ear, Fine Wine and Good Spirits, and Domino's Pizza. Its strategic location on Route 512 ensures high visibility and convenient access, further enhanced by a prominent pylon sign. The property's fourteen suites offer a diverse range of sizes, catering to various business needs. This grocery-anchored center benefits from a full-movement signalized intersection, maximizing traffic flow and exposure. The property's established tenant base and prime location make it an attractive investment for both established businesses and new ventures seeking a thriving retail environment in Bangor, PA.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1990
Total area 104,971 SF
Lot 20.3 ac (884,268 SF)
Zoning code A
APN D9 15 10-1 0134
UPID US73-2583654
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
Current use
Occupant on record · Public records
  • Health Center at Bangor Medical Clinic
  • Bangor Plaza Shopping Center & Mall
  • ATM Atm
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$905k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.33M
Blend (final) Blend
$1.12M
Owner & transaction history
Bangor Plaza Associates · 7 yrs held
Bangor Plaza Associates
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
A · Pen Argyl, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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