5239 Hamilton Blvd Allentown, PA 18106-9153
- Investment properties
- 4,893 SF
- 1.99 lot acres
Jun 13, 2022
Current Use by Public Records
- Shepherd hills shoe repair / (Bike/Boat/Book/etc) Store
- Schenck Paul H MD / Ophthalmologist
Property Details for 5239 Hamilton Blvd
- Year built
- 1850
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.99 lot acres
- Property size
- 4,893 SF
- Zone code
- C
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 547576009757-1
- APU
- 5475760097571
Description
This exceptional commercial property at 5239 Hamilton Boulevard in Allentown, Pennsylvania, offers 3,000 square feet of first-floor office space, immediately available for lease. Situated on a 2-acre lot in Lehigh County, this single-tenant space boasts a highly desirable location directly across from Hamilton Crossings, a major retail center anchored by Target, Whole Foods, and Costco. The building's total square footage is 5,913 square feet, with ample parking for 17 vehicles. The interior features several private offices, a spacious reception area, an open plan workspace, and multiple restrooms. A separate downstairs break area with its own entrance and additional restroom adds convenience. The space is ideal for a variety of professional office uses, including traditional, medical, or creative office settings. The property is zoned Wescosville Commercial and offers a lease rate of $14 per square foot, NNN. This prime location and versatile space present a unique opportunity for businesses seeking high visibility and convenient access to major retail amenities. The property is located in Allentown, PA, zip code 18106.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,405,000
- ML approach
- $1,395,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $795,000
- 6.5%
- $735,000
- 7%
- $685,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $860,000
- AI Estimate
- $1,194,000
Market price range: $445k - $861kMarket price range: $565k - $1.19M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,045,000
- AUTO REPAIR, GARAGE
- $930,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Allentown
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.5592
- Latitude
- 40.5646
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA