Property profile

47 Penn Ave Alburtis, PA 18011

OFF-MARKET
Industrial land
Property ID
US73-3939762
15.97 ac lot
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 15.97 ac (695,523 SF)
Zoning code L-1
APN 546336987581-1
UPID US73-3939762

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

47 Penn Ave Alburtis, PA 18011-5021
Alburtis metro Census 6302 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2018
5 recorded transactions
2018
$42,281
2016
$3.3M
2010
Price N/A
2005
$7.0M
2005
$276,579

Zoning & alternative use

L-1 · Alburtis, PA
Zoning description

The purpose of this District is to provide for desirable locations for modern industrial uses that are harmonious with surrounding uses. Performance and development standards will ensure industrial areas that are desirab…

General category INDUSTRIAL

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
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