Property profile

1665 Race St Allentown, PA 18109

OFF-MARKET
Warehouses
Property ID
US73-1189879
38,500 SF 4.16 ac lot Built 2002
Entity Owned 12-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2002
Total area 38,500 SF
Lot 4.16 ac (180,992 SF)
Zoning code PIO
APN 640981733939-1
UPID US73-1189879

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Plumbing Service Building Supply
  • Kitchen & Bath Showroom Furniture & Home Goods
  • Gym & Fitness Center

Location

1665 Race St Allentown, PA 18109-9569
Allentown metro Census 5902 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.66M
Comparable Approach Comparable
$3.92M
Blend (final) Blend
$3.52M

Owner & transaction history

since 2013
7 recorded transactions
2013
$2.6M
2013
$2.6M
2001
Price N/A
2000
$275,000
1997
$365,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PIO · Allentown, PA
Top alternative use upside
Commercial (general) $4.8M +69.8%
Apartment house (5+ units) $4.2M +49.8%
Retail stores $4.0M +41.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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