Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    200 Cascade Dr Allentown, PA 18109

    • Manufacturing properties
    • 509,445 SF
    • 43.15 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-1322434
    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

    • Regent Apparel / (Bike/Boat/Book/etc) Store
    • Derby Supply Chain Solutions / Warehouse & Storage
    • TSI warehouseing / Warehouse & Storage
    • Lindenmeyr Munroe / Distribution Center
    • Teco-Westinghouse Motor Co / Electric Motor Store / Store

    Property Details for 200 Cascade Dr

    Year built
    1971
    Lot size
    43.15 lot acres
    Property size
    509,445 SF
    Zone code
    PIO
    Property type
    Manufacturing properties
    APN
    641913444241-1
    APU
    6419134442411

    Description

    This exceptional 75,400 square foot commercial property, located at 200 Cascade Drive in Allentown, Pennsylvania, presents a unique opportunity for a single tenant. The building boasts a versatile design suitable for both executive office and manufacturing uses, offering a blend of functionality and modern amenities. The property features a substantial 75,400 square feet of vacant space, ready for immediate occupancy. High ceilings, measuring 18 feet, provide ample vertical space for various operational needs. Ten loading docks ensure efficient and seamless logistics, while an extensive 485-space parking lot offers convenient access for employees and visitors. The building is equipped with robust power capabilities, including two 400-amp, 480/277v services. Situated in Lehigh County, this property benefits from a strategic location within Allentown, offering easy access to major transportation routes and a thriving business community. The property is classified as Retail, Office, and Industrial, making it suitable for a wide range of businesses. This single-tenant occupancy presents an ideal opportunity for a company seeking a large, well-equipped space to establish or expand its operations. The property's size, amenities, and location combine to create a compelling investment prospect.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $38,215,000
      6.5%
      $35,275,000
      7%
      $32,755,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $38,935,000
      Market price range: $19.1M - $59.9M
      AI Estimate
      $24,475,000
      Market price range: $11.2M - $46.4M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $38,420,000
      Current use
      RETAIL STORES
      $52,585,000
      Change: +37% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4321
    Latitude
    40.6647
    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
    $575,515
    $3,452,100
    $19,928,700
    $23,380,800
    -
    $3,452,100
    $19,928,700
    $23,380,800

    Comparable in this City

    • Value Estimation
      $28,825,000
      311,011 SF

      939 Marcon Blvd

      MANUFACTURING (LIGHT) • 311,011 SF
      939 Marcon Blvd, Allentown, PA 18109-9335
      View Details
    • Value Estimation
      $6,655,000
      199,909 SF

      4444 Innovation Way

      MANUFACTURING (LIGHT) • 199,909 SF
      4444 Innovation Way, Allentown, PA 18109-9404
      View Details
    • Value Estimation
      $3,150,000
      84,590 SF

      1131 Plymouth St, Unit 1211

      MANUFACTURING (LIGHT) • 84,590 SF
      1131 Plymouth St, Allentown, PA 18109-1541
      View Details
    • Value Estimation by Request
      15,030 SF

      206 Hamilton St, Unit 212

      MANUFACTURING (LIGHT) • 15,030 SF
      206 Hamilton St, Allentown, PA 18109-2530
      View Details
    • Value Estimation by Request
      2,074 SF

      1041 Fenwick St, Unit 1057

      HEAVY MANUFACTURING • 2,074 SF
      1041 Fenwick St, Allentown, PA 18109-3206
      View Details
    • Value Estimation by Request
      24,000 SF

      475-485 Business Park Ln

      Distribution properties • 24,000 SF
      475-485 Business Park Ln, Allentown, PA 18109
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Manufacturing, Packaging, and Assembly Facility

      Class A manufacturing facility, fully approved and shovel-ready.
      4000 Airport Rd, Allentown, PA 18109
      View Details
    • Contact for pricing
      140,755 SF

      Allentown Industrial Redevelopment Opportunity

      ±140,755 SF Warehouse, 8.5 Acres
      611 Albert St, Allentown, PA 18109
      View Details
    • Contact for pricing
      179,400 SF

      Manufacturing, Packaging, Production & Assembly Facility

      Class A industrial facility, fully approved and shovel-ready.
      4030 Airport Rd, Allentown, PA 18109
      View Details
    • $2,500,000
      2,392 SF

      Allentown Industrial Portfolio

      Multi-tenant flex & warehouse space.
      837 Fenwick St, Allentown, PA 18109
      View Details
    • Contact for pricing
      9,261 SF

      Allentown Industrial Property For Sale

      Industrial property for sale, two blocks east of airport road.
      951 N Jerome St, Allentown, PA 18109
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      75,400 SF

      Allentown Industrial/Office Space For Lease

      75,400 SF, 10 Docks, Ample Parking
      200 Cascade Dr, Allentown, PA 18109
      View Details
    • Contact for pricing

      Class A Manufacturing Facility

      200,000 SF Class A manufacturing facility for lease.
      4444 Innovation Way, Allentown, PA 18109
      View Details
    • Contact for pricing
      17,650 SF

      Allentown Industrial Distribution Center

      17,650 SF Warehouse, 28 Docks
      1132 Irving St, Allentown, PA 18109
      View Details
    • $11 SF/Yr
      43,604 SF

      Allentown Warehouse with Office Space

      5,500 SF warehouse with office, dock, and drive-in door.
      622 Union Blvd, Allentown, PA 18109
      View Details
    • $7 SF/Yr
      43,124 SF

      Allentown Warehouse with Loading Dock

      Clear-span warehouse with dock, drive-in door, and utilities.
      1006 Area A, Allentown, PA 18109
      View Details
    • Contact for pricing
      27,407 SF

      Fleet Service Building Available

      Fleet service building for rent, convenient highway access.
      925 N Godfrey St, Allentown, PA 18109
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    200 Cascade Dr
    Allentown, PA 18109
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!