You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.

425 3rd St 435 Allentown, PA 18102-3121

OFF-MARKET Manufacturing properties Google Maps
10,114 SF 0.39 ac lot Built 1963
Entity Owned Free & Clear
Estimated value (blended)
$565k
Range $509k – $622k (±10%)
Property ID US73-2434359

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1963
Total area 10,114 SF
Lot 0.39 ac (16,980 SF)
Zoning code R-MH
APN 640733196247-1
UPID US73-2434359

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
$700k
Comparable Approach Comparable
$486k
Blend (final) Blend
$565k

Owner & transaction history

since 2025
Last sale
$840,000
3 recorded transactions
2025
$840,000
2023
$535,000
2006
$250,000

Zoning & alternative use

R-MH · Allentown, PA
Zoning description

The purpose of this district is to provide areas of medium high density with a mix of housing types, to protect these areas from incompatible uses, and to stabilize and preserve older neighborhoods

General category RESIDENTIAL
Top alternative use upside
Office building $1.1M +39.7%
Commercial (general) $1.0M +34.4%
Retail stores $960,000 +26.2%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 425 3rd St, Unit 435?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message