You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $1,375,000
Warehouses

1518 Walnut St 1526 Allentown, PA 18102-4406

38,880 SF 0.48 ac lot Built 1920
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-1247158
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1920
Total area 38,880 SF
Lot 0.48 ac (20,700 SF)
Zoning code R-MH
APN 549667598172-1
UPID US73-1247158
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
  • Rodriguez Appliances Home Appliance Store Hardware & Home Improvement
  • Allentown Preservation League Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.38M
CAP Approach CAP
by Request
Comparable Approach Comparable
$831k
Blend (final) Blend
$1.38M
Owner & transaction history
2445 Walnut Vcd LLC · 2 yrs held
2445 Walnut Vcd LLC
since 2024
Last sale
$1.4M
4 recorded transactions
2024
$1.4M
2021
Price N/A
2021
$750,000
2005
$321,000
Zoning & alternative use
R-MH · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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?”
You own 1518 Walnut St, Unit 1526?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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