2588 State Route 903 Albrightsville, PA 18210
- Commercial real estate
- 2,662 SF
- 1.38 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2588 State Route 903
- Year built
- 1987
- Lot size
- 1.38 lot acres
- Property size
- 2,662 SF
- Property type
- Commercial real estate
- APN
- 22-51-A3.07
- APU
- 2251A307
Description
This exceptional commercial property, located at 2588 State Route 903 in Albrightsville, Pennsylvania, presents a compelling investment opportunity. The 6,016 square foot building sits on a 1.5-acre lot and enjoys a prominent position on the busy State Route 903, ensuring high visibility and accessibility. The building is comprised of five individual suites, each with varying square footage, offering flexibility for a range of tenants. Currently, two tenants occupy the space: Kidder Penn Library and a law firm. Approximately 4,500 square feet of space is currently available for lease across four suites, providing significant potential for rental income. The building is in good condition and features separate utilities for each suite, simplifying management and cost allocation. Ample parking is available for tenants and visitors, complemented by excellent signage opportunities to enhance visibility. Detailed financial information is available upon request, subject to a non-disclosure agreement. This property is ideal for investors seeking a stable, income-generating asset with significant lease potential in a high-traffic location. The existing tenants provide a strong foundation for future growth and stability.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $265,000
- 6.5%
- $255,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $275,000
- Geo Method
- $240,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $220,000
- Mixed-Use
- $200,000
- Hospitality
- $260,000
- Educational
- $240,000
- Residential Income
- $225,000
- Energy
- $240,000
- Income-Based Land
- $245,000
- Food Service
- $210,000
Location Insight
- Map
- Local Demand
- City
- Albrightsville
- County
- Carbon
- State
- Pennsylvania
- Longitude
- -75.5988
- Latitude
- 41.0087
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA