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Property profile & analytics
OFF-MARKET Estimated value $2,690,000
Warehouses

3962 Portland St Coplay, PA 18037-2224

43,305 SF 2.17 ac lot Built 1920
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-0167280
Property summary
AI-generated overview

This exceptional investment opportunity presents a 43,135-square-foot industrial warehouse located at 3962 Portland St, Coplay, Pennsylvania, 18037. The property, built in 1920 and extensively renovated in 2024, sits on a 2.1-acre lot and is zoned ME/I (Mineral Extraction/General Industrial). The single-building warehouse boasts three loading docks and three dock-high doors, facilitating efficient operations. The interior features a 16-foot ceiling height, providing ample storage and operational space. Currently owner-occupied, this Class C warehouse is offered for sale with a leaseback agreement in place. The sale includes a new 15-year absolute NNN lease, providing a secure and predictable income stream for the buyer. The asking price is $3,200,000, representing an attractive 8.00% capitalization rate. This presents a compelling opportunity for investors seeking a stable, long-term investment in a well-maintained industrial property with a strong tenant in place. The property's strategic location in Lehigh County, Pennsylvania, offers convenient access to major transportation routes and a robust industrial market. The leaseback structure minimizes vacancy risk and provides immediate cash flow. This is a rare opportunity to acquire a high-quality industrial asset with a significant return on investment.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1920
Total area 43,305 SF
Lot 2.17 ac (94,351 SF)
Zoning code ME-I
APN 547984239779-1
UPID US73-0167280
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.00M
Blend (final) Blend
$2.69M
Owner & transaction history
Angelov Asset Management LLC · 1 yrs held
Angelov Asset Management LLC
since 2025
Last sale
$3.1M
5 recorded transactions
2025
$3.1M
2022
Price N/A
2019
Price N/A
2009
$620,000
1969
Price N/A
Zoning & alternative use
ME-I · Coplay, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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