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Property profile & analytics
FOR LEASE
Warehouses
401 N Front St Allentown, PA 18102
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-5348714
For Lease
1 / 3
$18 SF/Yr
401 N Front St, Allentown, PA 18102
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1914
Total area
72,222 SF
Lot
3.93 ac (171,191 SF)
Zoning code
I-3
APN
640744636767-1
UPID
US73-5348714
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
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.38M
Blend (final)
Blend
$1.34M
Owner & transaction history
401 N Front St LLC · 2 yrs held
401 N Front St LLC
since 2023
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
I-3 · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,375,000
ML approach
$1,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10% · vs last sale $1.31M (Oct 19 2023)
Last sale anchor
$1.31M
Oct 19 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$18 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,835
Tax year 2024
Assessed value
$350,900
Assessed 2024
Previous assessed
$350,900
+0.0% YoY
Effective rate
3.94%
On assessed value
Assessed land
$157,200
Assessed improvement
$193,700
Land market value
$157,200
Improvement market value
$193,700
Total market value
$350,900
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1914
Heating
YES
Cooling
YES
Stories
7
Total area
72,222 SF
Lot
3.93 ac (171,191 SF)
Zoning code
I-3
APN
640744636767-1
UPID
US73-5348714
Jurisdiction
LEHIGH
Zoning & alternative use
I-3 · Allentown, PA
Zoning I-3 · permitted uses
I-3 · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1914
Heating
YES
Cooling
Yes
Stories
7
Lot
3.93 ac
Current owner
From public records · entity-resolved
401 N Front St LLC
Entity
Mailing address
401 N FRNT ST, ALLENTOWN, PA 18102-5201
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2023
—
401 N Front St LLC
—
Deed
related
$63,000,000 · Worec Neuweiler Funding LLC
Oct 19, 2023
—
401 N Front St LLC
401 N Front St LLC
Intrafamily Transfer
related
—
Mar 3, 2022
$1,306,722
401 N Front St LLC
Brewers Hill Development Group LP
Deed
$6,125,000 · Db 360 LLC
Oct 5, 2021
—
Brewers Hill Development Group LP
—
Deed
related
$255,000 · Qnb Bank
Mar 20, 2020
—
Brewers Hill Development Group LP
—
Deed
related
$2,450,000 · Qnb Bank
Mar 3, 2014
$1,018,166
Brewers Hill Dev Group LP
Allentown Coml & Indl Dev Au
Grant Deed
$100,000 · Allentown Economic Dev Corp
Nov 7, 2011
—
Allentown Coml
Redevelopment Authority Of City/a
Grant Deed
related
—
—
—
Allentown Coml
—
Deed Of Trust
related
$568,708 · Allentown City (pa)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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