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Property profile & analytics

1401 Cedar Crest Blvd Allentown, PA 18104

  • Office buildings
  • 24,000 SF
  • 1.68 lot acres
Value Estimation
$21,465,000
Last Sale
Jul 09, 2020
$17,500,000
Location Intelligence
Property ID
US73-3025879
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

  • Laura Taber / Nurse Practitioner
  • Cedar Point Corp Center S-75 / Medical Clinic
  • Canam Steel Corporation / Steel Distributor
  • Awareness to Change / Counselor
  • Scott Jr Richard T MD / Doctor

Property Details for 1401 Cedar Crest Blvd

Year built
1972
Lot size
1.68 lot acres
Property size
24,000 SF
Zone code
GC-1
Property type
Office buildings
APN
548743757570-1
APU
5487437575701

Description

This exceptional two-story Class B office building, totaling 33,244 square feet, offers flexible workspace solutions in Lehigh County. Currently, multiple suites are available for lease, ranging from 1,924 to 9,842 contiguous square feet. The building features recently renovated lobbies and common hallways, creating a modern and inviting atmosphere. Specific suite sizes include a lower-level option ranging from 2,858 to 9,842 square feet, a 1,924 square foot suite on the first floor, and a 5,384 square foot suite on the second floor. The property is situated in a professional park setting, surrounded by established corporate neighbors, ensuring a prestigious business address. Ample parking is provided for tenants and visitors. The building benefits from a strong location within a dense residential area, boasting excellent demographics and convenient access to a wide array of amenities, including Weis, Target, UPS, and CVS, all within close proximity. Commuting is a breeze with easy access to major roadways such as Route 22, Route 309, I-78, and the Pennsylvania Turnpike 476 (less than a mile to Route 22). The lease rate is $19.25 per square foot, modified gross, plus utilities and janitorial services. This property is ideal for businesses seeking a well-maintained, conveniently located office space in a thriving community.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $23,780,000
  • CAP approach

    CAP return
    Estimation
    6%
    $16,640,000
    6.5%
    $16,565,000
    7%
    $17,680,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $15,605,000
    Geo Method
    $16,475,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $16,535,000
    Retail
    $16,885,000
    Mixed-Use
    $19,125,000
    Hospitality
    $15,775,000
    Educational
    $15,585,000
    Residential Income
    $18,230,000
    Energy
    $17,285,000
    Income-Based Land
    $16,035,000
    Food Service
    $16,145,000

Location Insight

  • Map
  • Local Demand
City
Allentown
County
Lehigh
State
Pennsylvania
Longitude
-75.5308
Latitude
40.6119
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
$65,405
$695,200
$2,088,000
$2,783,200
-
$695,200
$2,088,000
$2,783,200
More about this property
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