Property profile

2374 Seipstown Rd Fogelsville, PA 18051

FOR SALE
Strip malls
Property ID
US73-2683828
9,396 SF 2.17 ac lot Built 1995
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Retail space located within a strip center of approximately 9,400 square feet, positioned near new residential construction and townhomes. The center is approximately 5 minutes from I-78 and about 7 minutes from downtown Fogelsville and Route 100. The strip center is adjacent to a development site of approximately 2 acres. Existing tenants in the center have included a pizza restaurant and a nail salon.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1995
Total area 9,396 SF
Lot 2.17 ac (94,525 SF)
Zoning code RV
APN 544613546174-1
UPID US73-2683828

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
  • Big Box & Wholesale Store
  • Postal Service Courier Service
  • Restaurant

Location

2374 Seipstown Rd Fogelsville, PA 18051
Fogelsville metro Census 5402 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$940k
CAP Approach CAP
$1.16M
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

since 2022
Last sale
$900,000
7 recorded transactions
2022
$900,000
2021
Price N/A
2018
$519,291
2001
$503,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RV · Fogelsville, PA
Top alternative use upside
Apartment house (5+ units) $1.2M +220.5%
Commercial (general) $1.1M +196.9%
Restaurant $990,000 +169.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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