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    FOR LEASE
    Warehouses

    183 Sumner Ave, Allentown, PA 18102

    168 SF 5.02 ac lot Built 1986
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US73-1792334
    Property summary
    AI-generated overview

    This exceptional 5.02-acre parcel of land, located at 183 Sumner Ave, Allentown, Pennsylvania, 18052, presents a significant development opportunity. Situated in Lehigh County, this property is zoned for Business/Light Industrial use, offering a wide range of potential applications. The expansive lot provides ample space for various projects, from small-scale commercial buildings to larger industrial facilities. Its strategic location in Hokendauqua offers convenient access to major transportation routes, enhancing its appeal for businesses seeking efficient logistics and distribution capabilities. The asking price for this prime commercial land is $1,500,000. Given the size, zoning, and location, this property represents a compelling investment for developers and businesses seeking to establish a presence in a thriving area. The property's latitude and longitude coordinates are 40.6551078 and -75.4973742 respectively. This is a rare opportunity to acquire a substantial tract of land with significant development potential in a desirable location. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Warehouses
    Use group STORAGE YARD (JUNK, SALVAGE)
    Year built 1986
    Total area 168 SF
    Lot 5.02 ac (218,671 SF)
    Zoning code B/LI
    APN 640726737584-1
    UPID US73-1792334
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $670k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $630k
    Owner & transaction history
    183 Sumner Ave LLC · 3 yrs held
    183 Sumner Ave LLC
    since 2023
    Last sale
    $630,000
    3 recorded transactions
    2023
    2023
    $630,000
    2006
    $300,000
    Zoning & alternative use
    B/LI · Whitehall, PA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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