1405 N Cedar Crest Blvd Allentown, PA 18104
Property Lookup
Property profile & analytics
1405 N Cedar Crest Blvd Allentown, PA 18104
- Medical Office Space
- 27,520 SF
- 2.01 lot acres
Property ID
US73-1595814
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.
Location Intelligence
Current Use by Public Records
- Plastic Surgery & Aesthetics - Coordinated Health / Medical Clinic
- Cara Guilfoyle, MD, FACS / Physician
- Wendy Aach Law Office / Law Firm
- Kirk Summa & Co LLP / Tax Preparation
- Dr. Tamara Toidze / Physician / Medical Clinic
Property Details for 1405 N Cedar Crest Blvd
- Year built
- 1973
- Lot size
- 2.01 lot acres
- Property size
- 27,520 SF
- Zone code
- GC-1
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 548743856582-1
- APU
- 5487438565821
Description
This exceptional two-story, 38,327 square foot Class B office building, situated on a 2.01-acre lot in Allentown, Pennsylvania, offers a variety of lease options. The property, built in 1973, features nine suites, with a minimum divisible space of 1,009 square feet and currently has 20,350 square feet available. The building is ideally located in a professional park setting, surrounded by established businesses, providing a prestigious address and excellent visibility. Ample parking is available for tenants and their clients. The property boasts a highly desirable location within a strong residential area, offering excellent demographics and convenient access to a wealth of amenities, including Weis Markets, Target, UPS, CVS, and more. Its strategic location provides easy access to major transportation arteries, including Route 22, Route 309, I-78, and the Pennsylvania Turnpike 476, ensuring seamless commutes for employees and clients. The property's versatile layout is suitable for various office uses, including medical, executive, and creative office spaces. The modified gross lease rate is $19.25 per square foot, plus utilities and janitorial services. The property's APN is 548743856582 and is located in Lehigh County. This is a fantastic opportunity for businesses seeking a well-located, functional, and attractive office space in a thriving Allentown community.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,015,000
- 6.5%
- $3,705,000
- 7%
- $3,440,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,939,000
- AI Estimate
- $3,164,000
Market price range: $3.22M - $8.49MMarket price range: $1.51M - $6.18M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $5,890,000 Current use
- RESTAURANT
- $5,335,000 Change: -9% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $5,230,000 Change: -11% Conversion: Difficult
- OFFICE BUILDING
- $4,880,000 Change: -17% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.5294
- Latitude
- 40.612
- 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
$83,424
$833,300
$2,716,700
$3,550,000
-
$833,300
$2,716,700
$3,550,000
