Technical
Financial
Distress signals
Property profile

1384 S 5Th St Allentown, PA 18103

FOR SALE
Warehouses
Property ID
US73-0719569
7,800 SF 5.04 ac lot Built 1945
Entity Owned 9-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 10.82-acre industrial land parcel, located at 1384 S. 5th Street, Allentown, PA 18103, presents a unique investment opportunity. The property is designated for single-tenant occupancy and boasts a significant amount of parking, accommodating up to 165 vehicles. The site offers immediate access to 3.5 acres of outside storage, with the potential to expand this area to up to 7.5 acres in the future. This expansive outdoor space is ideal for various industrial uses. The property's strategic location near S. 4th Street provides convenient access to major transportation routes. The zoning allows for a variety of permitted uses, including outdoor storage, industrial equipment rentals and sales, distribution, manufacturing, recycling, self-storage, and truck terminals. The potential for rail service adds further value and logistical advantages. This property is well-suited for businesses requiring substantial outdoor storage and ample parking, offering a flexible and adaptable space to meet diverse operational needs. The existing infrastructure and zoning flexibility make this a highly attractive option for a wide range of industrial enterprises seeking a strategic location in Allentown, Pennsylvania.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1945
Total area 7,800 SF
Lot 5.04 ac (219,542 SF)
Zoning code I-2
APN 640644099611-1
UPID US73-0719569

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1384 S 5Th St Allentown, PA 18103
Allentown metro Census 1501 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 2017
5 recorded transactions
2017
$1.4M
2016
Price N/A
2012
$200,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

I-2 · Allentown, PA
Zoning description

The purpose of this district is to provide for a range of lighter industries and related businesses in a manner that is compatible with adjacent neighborhoods, parks and the Queen City Airport.

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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