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    Property profile & analytics

    1815 Schadt Ave Whitehall, PA 18052

    • Office buildings
    • 10,180 SF
    • 1.14 lot acres
    For Lease
    View listing
    $15 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-2144525
    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

    • Office buildings

    Property Details for 1815 Schadt Ave

    Year built
    1985
    Lot size
    1.14 lot acres
    Property size
    10,180 SF
    Zone code
    C-2
    Property type
    Office buildings
    APN
    549844643387-1
    APU
    5498446433871

    Description

    This exceptional 1,926 square foot medical office space is available for lease in Whitehall, Pennsylvania. Located just off MacArthur Road, this single-tenant property offers convenient access to Route 22 and nearby amenities. The building, constructed in 1985 and classified as Class B, boasts a total of 10,180 square feet. This particular unit provides ample space for a variety of medical or professional service practices. The property features 20 on-site parking spaces, ensuring convenient parking for both staff and clients. The zoning designation is C2. The space is currently vacant and ready for immediate occupancy. This is a fantastic opportunity for a business seeking a well-located, functional, and readily available office space in a thriving area. The clean and well-maintained space is ideal for a practice needing a comfortable and efficient environment. With its convenient location and ample parking, this property offers a significant advantage for attracting and retaining clients. The property's size and layout are well-suited for a variety of medical specialties or professional services. Don't miss this chance to secure this desirable medical office space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,320,000
      6.5%
      $1,220,000
      7%
      $1,135,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,539,000
      Market price range: $959k - $2.26M
      AI Estimate
      $1,332,000
      Market price range: $546k - $1.96M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,515,000
      Current use
      MEDICAL BUILDING
      $2,180,000
      Change: +44% Conversion: Easy
      RESTAURANT
      $1,935,000
      Change: +28% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,650,000
      Change: +9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,365,000
      Change: -10% Conversion: Easy
      RETAIL STORES
      $1,240,000
      Change: -18% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Whitehall
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4935
    Latitude
    40.6412
    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
    $32,521
    $329,600
    $818,100
    $1,147,700
    -
    $329,600
    $818,100
    $1,147,700

    Comparable in this City

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      1,743 SF

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      View Details
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      710-712 Park St

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      2127 1st Ave

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      632 5th St

      OFFICE BUILDING • 1,680 SF
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      View Details
    • Value Estimation by Request
      1,920 SF

      2946 Macarthur Rd

      OFFICE BUILDING • 1,920 SF
      2946 Macarthur Rd, Whitehall, PA 18052-3421
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,750 SF

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      13,750 SF building on 7.48 acres, excellent business opportunity.
      3665 Macarthur Rd, Whitehall, PA 18052
      View Details
    • New
      $7,000,000
      13,170 SF

      Whitehall Twp Commercial Opportunity

      Stand-alone building on 7.48 acres, ideal for various businesses.
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      0.76 Acres

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    • $325,000
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      Established Restaurant in Lehigh Valley Mall

      Turnkey restaurant with liquor license and established management in place.
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      Industrial Flex Space Available

      Multi-tenant industrial park near Route 22, ideal for various uses.
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      Corner Lot in Whitehall

      0.84 acre corner lot in dense residential area.
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    Similar Nearby for Lease

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    • $15 SF/Yr
      60,113 SF

      WHITEHALL, PA Medical/Office Space

      Prime medical/office space in high-traffic location, ample parking.
      1815 Schadt Ave, Whitehall, PA 18052
      View Details
    • $15 SF/Yr
      59,982 SF

      Whitehall Twp Medical/Office Space

      Medical/office space for lease in high-traffic location.
      1815 Schadt Ave, Whitehall, PA 18052
      View Details
    • $15 SF/Yr
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      Class A Office Space Available

      Multi-tenant office space with ample parking and highway visibility.
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    • $15 SF/Yr
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      Whitehall Medical/Office Space Available

      Versatile medical/office space in high-traffic location, ample parking.
      1815 Schadt Ave, Whitehall, PA 18052
      View Details
    • $1,500 /Mo
      33,280 SF

      Office Space in Whitehall Twp

      Office space for lease in Whitehall Twp, PA.
      2123 1St Ave, Whitehall, PA 18052
      View Details
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    1815 Schadt Ave
    Whitehall, PA 18052
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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