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Entity Owned Property summary
This exceptional investment opportunity presents a 9,745 square-foot auto shop located at 502 Basin St, Allentown, PA 18103. The property, built in 1979 and situated on a 0.75-acre lot, boasts a strong 6.57% cap rate and a substantial net operating income (NOI) of $138,010. Currently 100% occupied by Stonewall Collision, a reputable auto repair business with multiple locations, the property is under an absolute NNN lease with over 16.6 years remaining until June 29, 2041. The lease includes… 2% annual rent bumps commencing in 2027 and a single 5-year renewal option. The asking price is $2,100,000, translating to a price per square foot of $215.50. The property benefits from a prime location, enjoying high traffic counts on Basin Road (24,609 VPD) and proximity to Highway 145 (15,975 VPD), as well as a thriving retail corridor featuring national brands like Wawa, Jiffy Lube, and McDonald's. The surrounding area showcases a strong demographic profile, with an average household income exceeding $77,000 within a five-mile radius. Furthermore, the property's proximity to Downtown Allentown (population 125,094) and Lehigh Valley International Airport (serving nearly one million passengers annually) enhances its appeal. This is a rare opportunity to acquire a stable, high-performing asset in a desirable location with significant long-term growth potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 17 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 9,040 SF
- Lot area
- 0.75 ac
- Year built
- 1979
- Stories
- 1
- APN
- 640648785598-1
- Zoning
- B/LI
- Assessed value · 2024
- $465,100
- Annual tax · 2024
- $15,509
- Restaurant
- Auto Repair, Garage · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this district is to provide for a mix of commercial and light industrial uses to offer a wide market in areas suitable for both types of uses
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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Sample leads
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Sample leads
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Off Market
1404, ATS, AK
Loan from 20067.7% rateColumbia State Bank
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Off Market
1503, BALLYHOO RD, AK
Loan from 2009Columbia State Bank
1503, BALLYHOO RD, AK
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Off Market
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Loan from 2019Northrim Bank
721 E, DEPOT DR, AK
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Off Market
AK
Loan from 2019Northrim Bk
AK
Still being built. It lands here next, beside the two above.
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