Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    321 Carlisle St Allentown, PA 18109-2801
    Back to Search
    Property profile & analytics

    321 Carlisle St, Allentown, PA 18109-2801

    View on Map
    • Manufacturing properties
    • 32,200 SF
    • 1.09 lot acres
    Off-Market
    Last Sale Jun 2, 2022
    $400,000
    Property ID
    US73-2127058
    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.
    Value Estimations
    $640,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Blue Steel Vodka / Brewery & Distillery / Bar & Pub
    • Rockland Apparel / Clothing Store

    Property Details for 321 Carlisle St

    Year built
    1907
    Lot size
    1.09 lot acres
    Zone code
    I-2
    Property type
    Manufacturing properties
    APN
    640782414242-1
    APU
    6407824142421

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 2, 2022 $400,000 402 Carlisle LLC J O Krapf And Sons INC Deed —
    Nov 23, 2009 — 301 Carlisle LLC Jokrapf & Sons INC Grant Deed · related —
    Aug 5, 2005 $450,000 Jo Krapf & Sons INC Bloch,leonard S Grant Deed —
    Jul 26, 2005 — Leonard S Bloch Bloch,leonard S Quit Claim Deed · related —
    Dec 15, 2004 — Leonard S Bloch Bloch,leonard S Quit Claim Deed · related —
    Nov 12, 2004 — Leonard S Bloch Bloch,leonard S Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $420,000
      ML approach
      $720,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $704,000
      Market price range: $705k - $2.94M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Allentown
    County
    Lehigh
    State
    Pennsylvania
    Longitude
    -75.4448
    Latitude
    40.6063
    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
    $6,947
    $65,500
    $119,000
    $184,500
    -
    $65,500
    $119,000
    $184,500

    Comparable in this City

    • Value Estimation
      $28,825,000
      311,011 SF

      939 Marcon Blvd

      MANUFACTURING (LIGHT)
      939 Marcon Blvd, Allentown, PA 18109-9335
      View Details
    • Value Estimation
      $6,655,000
      199,909 SF

      4444 Innovation Way

      MANUFACTURING (LIGHT)
      4444 Innovation Way, Allentown, PA 18109-9404
      View Details
    • Value Estimation
      $3,150,000
      84,590 SF

      1131 Plymouth St, Unit 1211

      MANUFACTURING (LIGHT)
      1131 Plymouth St, Allentown, PA 18109-1541
      View Details
    • Value Estimation by Request
      15,030 SF

      206 Hamilton St, Unit 212

      MANUFACTURING (LIGHT)
      206 Hamilton St, Allentown, PA 18109-2530
      View Details
    • Value Estimation by Request
      2,074 SF

      1041 Fenwick St, Unit 1057

      HEAVY MANUFACTURING
      1041 Fenwick St, Allentown, PA 18109-3206
      View Details
    • Value Estimation
      $1,900,000
      20,488 SF

      425 Dauphin St

      HEAVY MANUFACTURING
      425 Dauphin St, Allentown, PA 18109-2146
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      179,400 SF

      Manufacturing, Packaging, Production & Assembly Facility

      Class A industrial facility, fully approved and shovel-ready.
      4030 Airport Rd, Allentown, PA 18109
      View Details
    • Contact for pricing
      6,400 SF

      Allentown Warehouse with Drive-In Door

      6,400 SF warehouse featuring 12' drive-in door and parking.
      837 N Fenwick St, Allentown, PA 18109
      View Details
    • Contact for pricing
      2,392 SF

      Allentown Flex Space For Sale

      Flex space near RT 22, Airport Rd & Union Blvd.
      858 N Gilmore St, Allentown, PA 18109
      View Details
    • Contact for pricing
      11,750 SF

      Allentown Warehouse with Drive-Ins

      11,750 SF warehouse with six drive-in doors.
      1810 E Race St, Allentown, PA 18109
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Manufacturing Facility

      200,000 SF Class A manufacturing facility for lease.
      4444 Innovation Way, Allentown, PA 18109
      View Details
    • Contact for pricing
      15,090 SF

      Office/Flex Space on Marcon Boulevard

      Available office and flex space for sublease in Allentown, PA.
      881 Marcon Blvd, Allentown, PA 18109
      View Details
    • Contact for pricing
      26,665 SF

      Allentown Flex Space Available

      26,665 SF flex space with office and loading docks.
      2201 Hangar Pl, Allentown, PA 18109
      View Details
    • Contact for pricing
      7,800 SF

      Lehigh Valley Industrial Space

      7,800 SF flex space with convenient highway access.
      964 Marcon Blvd, Allentown, PA 18109
      View Details
    • $10 SF/Yr
      184,172 SF

      Warehouse Space on Union Boulevard

      Warehouse and flex space available in Allentown City, Pennsylvania.
      1727 Union Blvd, Allentown, PA 18109
      View Details
    • $7 SF/Yr
      43,124 SF

      Allentown Warehouse with Loading Dock

      Clear-span warehouse with dock, drive-in door, and utilities.
      1006 Hanover Ave, Allentown, PA 18109
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    321 Carlisle St
    Allentown, PA 18109-2801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    321 Carlisle St, Allentown, PA, 18109
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!