2236 S 12Th St, Unit unit Offering 1 Allentown, PA 18103
- Office buildings
- 44,196 SF
- 2.23 lot acres
Current Use by Public Records
- Office buildings
Property Details for 2236 S 12Th St
- Year built
- 1980
- Lot size
- 2.23 lot acres
- Property size
- 44,196 SF
- Zone code
- I-3
- Property type
- Office buildings
- APN
- 640508780773-1
- APU
- 6405087807731
Description
This exceptional 44,000-square-foot executive office building is available for lease in Allentown, Pennsylvania. Located at 2236 12th Street, this single-tenant property sits on a generous 2.256-acre lot, offering ample space and potential for a variety of business uses. The building is fully vacant, presenting a unique opportunity for a company seeking a substantial and modern workspace. Key features include the presence of elevators, ensuring convenient access to all floors. The property's location in Lehigh County provides easy access to major transportation routes and amenities, making it an ideal location for businesses seeking a strategic presence in the Allentown area. The building's substantial size and single-tenant occupancy offer significant flexibility for customization and design to meet specific business needs. This is a rare opportunity to secure a large, well-located office space in a thriving Pennsylvania market. The property is zoned for office use and offers a significant amount of space for a variety of business operations. The 44,000 square feet provides ample room for expansion and growth. The 18103 zip code offers convenient access to local amenities and transportation networks. This property is perfect for a company looking for a prominent and spacious location in Allentown. The building's size and features make it suitable for a wide range of businesses. The 2.256-acre lot provides ample parking and potential for future expansion. This is a prime opportunity to establish a significant presence in the Allentown business community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,110,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,150,000
- 6.5%
- $2,125,000
- 7%
- $1,945,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,815,000
- Geo Method
- $2,265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,015,000
- Retail
- $1,820,000
- Mixed-Use
- $2,140,000
- Hospitality
- $1,880,000
- Educational
- $1,930,000
- Residential Income
- $1,745,000
- Energy
- $1,845,000
- Income-Based Land
- $1,900,000
- Food Service
- $2,030,000
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.474
- Latitude
- 40.5706
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
