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    1518 Walnut St, Unit 1526 Allentown, PA 18102-4406
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    Property profile & analytics

    1518 Walnut St, Unit 1526, Allentown, PA 18102-4406

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    • Warehouses
    • 38,880 SF
    • 0.48 lot acres
    Off-Market
    Last Sale May 14, 2024
    $1,375,000
    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.

    Value Estimations
    $1,375,000
    Show details
    Cap Rate Potential
    Location Intelligence

    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
    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
      Market price range: $741k - $2.76M
      AI Estimate
      $1,251,000
      Market price range: $1.25M - $3.89M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,755,000
      Current use

    Get a detailed, property-specific estimation — 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
    More about this property
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