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200 Cascade Dr, Allentown, PA 18109
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Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1971
Total area
509,445 SF
Lot
43.15 ac (1,879,658 SF)
Zoning code
PIO
APN
641913444241-1
UPID
US73-1322434
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
-
(Bike/Boat/Book/etc) Store
-
Warehouse & Storage
-
Warehouse & Storage
-
Distribution Center
-
Electric Motor Store Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$35.28M
Comparable Approach
Comparable
$38.94M
Blend (final)
Blend
$32.90M
Owner & transaction history
since 2011
1 recorded transaction
Zoning & alternative use
PIO · Allentown, PA
Top alternative use upside
Retail stores
$52.6M
+36.9%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$32.90M
Value range
$29.61M – $36.18M
±10% around blend
Estimated value / SF
$65 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$29.61M
blend $32.90M
$36.18M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
509,445 SF
Lot area
43.15 ac
Year built
1971
Stories
1
APN
641913444241-1
Zoning
PIO
Assessed value
$23,380,800
Annual tax
$575,515
3
Income approach: direct capitalization
Partial preview
Income approach indication
$35.28M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$38.22M
@ 6.5% CAP return
$35.28M
@ 7% CAP return
$32.76M
4
Sales comparison
Partial preview
Sales approach indication
$38.94M
Range $19.09M – $59.92M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$32.90M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 57 sales
$75
-14%
County 78 sales
$69
-7%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $65/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+37%
vs current-use indication
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$23.38M
Move the market yield to see immediate price impact.
Value / SF
$46
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.47M
$29.46M
$21.04M
$16.37M
$1.64M
$32.73M
$23.38M
$18.19M
$1.80M
$36.01M
$25.72M
$20.00M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$575,515
Tax year 2024
Assessed value
$23,380,800
Assessed 2024
Previous assessed
$23,380,800
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$3,452,100
Assessed improvement
$19,928,700
Land market value
$3,452,100
Improvement market value
$19,928,700
Total market value
$23,380,800
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1971
Heating
SPACE
Buildings
2
Stories
1
Total area
509,445 SF
Lot
43.15 ac (1,879,658 SF)
Zoning code
PIO
APN
641913444241-1
UPID
US73-1322434
Jurisdiction
LEHIGH
Zoning & alternative use
PIO · Allentown, PAZoning PIO · permitted uses
PIO · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Heating
SPACE
Stories
1
Buildings
2
Lot
43.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PIO
Jurisdiction
Allentown, PA
Recorded code
PIO
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PIO in Allentown, PA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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