Property profile

4750 Tilghman St Allentown, PA 18104

FOR LEASE
Outlet malls
Property ID
US73-1913707
57,596 SF 8.5 ac lot Built 1984
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 12,000-square-foot retail property, located at 4750 Tilghman Street in Allentown, Pennsylvania, presents a significant opportunity for businesses seeking high visibility and ample space. The entire building is currently vacant, offering a blank canvas for a single large tenant or the potential for multiple smaller tenants. The property boasts a Highway Commercial zoning designation, ideal for a variety of retail uses. Situated in Lehigh County, this location benefits from excellent access to major roadways, ensuring high traffic volume and convenient customer access. Ample parking is available on-site, providing convenient parking for customers and employees. The property's total square footage is 12,000 square feet, all of which is currently available for lease. This presents a unique opportunity to establish a significant retail presence in a prime Allentown location. The property's address is 4750 Tilghman Street, Allentown, PA 18104. Interested parties are encouraged to inquire for further details and leasing information. This is a rare opportunity to secure a substantial retail space in a high-traffic area with ample parking.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1984
Total area 57,596 SF
Lot 8.5 ac (370,260 SF)
Zoning code HC-I
APN 547654969042-1
UPID US73-1913707

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
  • Home Decor Store Department Store
  • Furniture & Home Goods Home Decor Store

Location

4750 Tilghman St Allentown, PA 18104
Allentown metro Census 6101 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.50M
Blend (final) Blend
$5.01M

Owner & transaction history

since 2017
5 recorded transactions
2023
Price N/A
2022
Price N/A
2018
Price N/A
2017
$4.9M
2004
$430,000

Zoning & alternative use

HC-I · Allentown, PA
Top alternative use upside
Apartment house (5+ units) $8.1M +27.3%
Commercial (general) $7.1M +11.5%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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