Property profile

3721 Cres W Ct Whitehall, PA 18052

OFF-MARKET
Medical Office Space
Property ID
US73-1810566
4,064 SF 0.6 ac lot Built 1993
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 7,200 square foot medical office building located at 3721 Crescent Ct W, Hokendauqua, Pennsylvania, 18052, in Lehigh County. Currently occupied by St. Luke's Pediatric Physical Therapy under a triple net (NNN) lease, the property offers a strong, stable income stream. The lease extends to December 28, 2024, with two three-year renewal options, providing long-term security for the investor. The building sits on a half-acre lot (0.5 acres). The asking price is $1,195,000, representing a price per square foot of $165.97 and a pro-forma capitalization rate of 7.23%. This presents a compelling opportunity for investors seeking a stable, income-producing asset in the healthcare sector. The property's location in Hokendauqua offers convenient access to major transportation routes and a growing community. This is an excellent chance to acquire a well-maintained medical office building with a strong tenant and significant upside potential. The property is offered as-is.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1993
Total area 4,064 SF
Lot 0.6 ac (26,334 SF)
Zoning code C-2
APN 549838183694-1
UPID US73-1810566

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3721 Cres W Ct Whitehall, PA 18052-3446
Whitehall metro Census 5602 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$582k
Blend (final) Blend
$770k

Owner & transaction history

since 2025
Last sale
$1.0M
4 recorded transactions
2025
$1.0M
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-2 · Whitehall, PA

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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