425 3rd St, Unit 435 Allentown, PA 18102-3121
Property profile & analytics
425 3rd St, Unit 435, Allentown, PA 18102-3121
- Manufacturing properties
- 10,114 SF
- 0.39 lot acres
Property ID
US73-2434359
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.
Location Intelligence
Current Use by Public Records
- Manufacturing properties
Property Details for 425 3rd St
- Year built
- 1963
- Lot size
- 0.39 lot acres
- Zone code
- R-MH
- Property type
- Manufacturing properties
- APN
- 640733196247-1
- APU
- 6407331962471
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $565,000
- ML approach
- $565,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $760,000
- 6.5%
- $700,000
- 7%
- $650,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $485,000
Market price range: $204k - $486k -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $765,000 Current use
- OFFICE BUILDING
- $1,065,000 Change: +40% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,025,000 Change: +34% Conversion: Difficult
- RETAIL STORES
- $960,000 Change: +26% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.4638
- Latitude
- 40.6117
- 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
$13,356
$67,900
$322,700
$390,600
-
$67,900
$322,700
$390,600
