Technical
Financial
Distress signals
Property profile

2834 Mitchell Ave 2868 Allentown, PA 18103

OFF-MARKET
Distribution centers
Property ID
US73-2226800
30,000 SF 2.61 ac lot Built 1969
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1969
Total area 30,000 SF
Lot 2.61 ac (113,692 SF)
Zoning code I-2
APN 549584986912-1
UPID US73-2226800

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
  • Industrial Manufacturer Production Facility
  • Electrical Service Auto Repair Shop
  • Auto Parts Store
  • Auto Parts Store

Location

2834 Mitchell Ave, Unit 2868 Allentown, PA 18103-7181
Allentown metro Census 1501 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.86M
Comparable Approach Comparable
$2.54M
Blend (final) Blend
$700k

Owner & transaction history

since 2007
7 recorded transactions
2025
Price N/A
2023
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
2007
$1.6M
1969
Price N/A

Zoning & alternative use

I-2 · Allentown, PA
Zoning description

The purpose of this district is to provide for a range of lighter industries and related businesses in a manner that is compatible with adjacent neighborhoods, parks and the Queen City Airport.

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $3.7M +48.8%
Apartment house (5+ units) $3.5M +39.1%
Retail stores $3.3M +33.5%

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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