425 3rd St 435 Allentown, PA 18102-3121
This exceptional 10,114-square-foot Class A industrial property, situated in Allentown's desirable American Parkway area, offers a versatile space ideal for warehouse, manufacturing, R&D, or flex uses. Built in 1963 and meticulously maintained, the building boasts 12-foot clear span ceilings and a 120-foot frontage. The layout includes two large warehouse sections totaling approximately 7,500 square feet, complemented by 600 square feet of finished office space and three bathrooms. The property features convenient amenities such as a loading dock, one dock-high door, and two drive-in doors, ensuring efficient operations. Ample power is provided by a 3-phase, 400-amp electrical system. The building also includes compressor airlines and a 6-inch concrete floor. A rear 2,000-square-foot section features a 10-foot drive-in door, a large exhaust fan, and a floor drain. Parking is abundant with 17 spaces available, including 10 in front and additional spaces in a fenced 50x60-foot rear storage lot. An additional 85x100-foot storage lot across the street is also available for lease. Recent improvements include new interior paint, a resurfaced blacktop lot, a new fence, and updated lighting. The property's central location provides easy access to Routes 22 and 78, making it an ideal location for businesses needing convenient transportation links. The 16,988-square-foot lot ensures ample space for operations and storage. This turnkey property is ready for immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-MH · Allentown, PAAllentown. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.