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    Property profile & analytics

    2400 Parkwood Dr, Unit 2451 Allentown, PA 18103-9608

    • Office buildings
    • 10,738 SF
    • 6.50 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 07, 2021
    Location Intelligence
    Property ID
    US73-0405594
    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

    • Office buildings

    Property Details for 2400 Parkwood Dr

    Year built
    1975
    Lot size
    6.50 lot acres
    Property size
    10,738 SF
    Zone code
    C1
    Property type
    Office buildings
    APN
    549537539648-1
    APU
    5495375396481

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4998
    Latitude
    40.5667
    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
    $59,244
    $1,274,200
    $694,700
    $1,968,900
    -
    $1,274,200
    $694,700
    $1,968,900

    Comparable in this City

    • Value Estimation by Request
      6,111 SF

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    • Value Estimation by Request
      15,652 SF

      2072 Downyflake Ln

      OFFICE BUILDING • 15,652 SF
      2072 Downyflake Ln, Allentown, PA 18103-4779
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    • Value Estimation by Request
      12,328 SF

      1150 Cedar Crst Blvd

      OFFICE BUILDING • 12,328 SF
      1150 Cedar Crst Blvd, Allentown, PA 18103-7900
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    • Value Estimation
      $725,000
      7,503 SF

      2619 Moravian Ave, Unit 2635

      OFFICE BUILDING • 7,503 SF
      2619 Moravian Ave, Allentown, PA 18103-5523
      View Details
    • Value Estimation by Request
      8,788 SF

      3120 Hamilton Blvd

      OFFICE BUILDING • 8,788 SF
      3120 Hamilton Blvd, Allentown, PA 18103-3630
      View Details
    • Value Estimation
      $280,000
      1,569 SF

      2003 31st SW St

      OFFICE BUILDING • 1,569 SF
      2003 31st SW St, Allentown, PA 18103-6505
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Renovated office building near I-78, suitable for professional uses.
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    • $2,900,000
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      44,000 SF Building in Allentown

      44,000 SF building approved for 40 apartments.
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    • $1,850,000
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      Allentown Office/Medical Opportunity

      High-visibility office/medical building near Lehigh Valley Hospital and Cedar Crest College.
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    Similar Nearby for Lease

    • Contact for pricing
      44,196 SF

      Downyflake Business Center Office Space

      Multi-tenant office building with suites for medical and professional services.
      2132 South 12Th St, Allentown, PA 18103
      View Details
    • $12 SF/Yr
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      Fully renovated office building with ample parking and great visibility.
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    • Contact for pricing
      1,179 SF

      Allentown Office/Medical Space For Rent

      Office or medical space with ample parking and highway access.
      1259 S Cedar Crest Blvd, Allentown, PA 18103
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    • $9 SF/Yr
      405,290 SF

      Allentown Retail & Office Space

      South Mall: Prime Allentown location.
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    • $24 SF/Yr
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      Allentown Retail/Office Space Available

      700 SF retail/office space with parking and easy access.
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    • Contact for pricing
      2,214 SF

      Visible Medical Office Space Available

      First floor office suite near Lehigh Valley Health Network.
      1146 S Cedar Crest Blvd, Allentown, PA 18103
      View Details
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    Allentown, PA 18103-9608
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    Realmo Value Estimation

    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.

    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.

    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
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