Property profile & analytics
1518 Walnut St, Unit 1526 Allentown, PA 18102-4406
- Warehouses
- 38,880 SF
- 0.48 lot acres
OFF-MARKET
Last Sale
May 14, 2024
May 14, 2024
$1,375,000
Value Estimations
$1,375,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US73-1247158
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
- Rodriguez Appliances / Home Appliance Store / Hardware & Home Improvement
- Allentown Preservation League / Charitable Organization / Social Service Agency
Property Details for 1518 Walnut St
- Year built
- 1920
- Lot size
- 0.48 lot acres
- Property size
- 38,880 SF
- Zone code
- R-MH
- Property type
- Warehouses
- APN
- 549667598172-1
- APU
- 5496675981721
Description
This exceptional 2,338 square foot retail and showroom space is ideally situated at 1518 Walnut Street in Allentown, Pennsylvania, 18102. Located on the first floor of a two-story building (built in 1920), this single-tenant space boasts excellent street frontage on Walnut Street, offering high visibility and accessibility. The property features a convenient front entrance on Walnut Street and a drive-in side door on Fulton Street, along with on-site parking. The space is versatile and suitable for a variety of uses, including but not limited to grocery and convenience stores, sandwich shops, or laundromats. An additional 2,580 square feet of rear storage space is available separately. The property sits on a 0.48-acre lot within a vibrant community, close to St. Luke's Hospital Allentown Campus, Francis D Raub Middle School, Union Terrace Elementary School, and numerous high-rise apartment buildings. The property's zoning is R-MH. The total building size is 58,000 square feet, and the property's APN is 549667598172-1. This location offers easy access to major roadways, ensuring convenient access for both customers and employees. This presents a rare opportunity to establish a business in a highly desirable Allentown location.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,375,000
- ML approach
- $1,375,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $831,000
- AI Estimate
- $1,251,000
Market price range: $741k - $2.76MMarket price range: $1.25M - $3.89M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $1,755,000 Current use
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.488
- Latitude
- 40.5957
- 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
$18,426
$77,600
$471,200
$548,800
-
$77,600
$471,200
$548,800
