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Property summary
This exceptional 8.5-acre Allentown, PA industrial property, located at 611 S. Albert St., presents a unique redevelopment opportunity. Currently featuring a 140,755 square foot, single-story, Class C manufacturing/warehouse building constructed in 1900, the site is slated for demolition within 90-120 days. The property boasts I-3 zoning, allowing for a variety of uses, and offers significant potential for truck and trailer parking (approximately 350 spaces). Key features include three loading docks, 20-foot ceiling heights, and access to two 18-inch water pipelines. The site's strategic location provides convenient access to I-78 and Route 22, further enhanced by the presence of a fiber optic line and potential rail access. Outdoor storage is permitted, making this an ideal location for logistics, distribution, or other industrial uses. The property's substantial size and versatile zoning make it an attractive investment for developers seeking a prime location in Lehigh County, Pennsylvania, with a projected delivery date of 90-120 days post-demolition. The zip code is 18109.
Property profile
VerifiedCap rate & NOI
Current use
-
General Contractor Construction Company
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of this district is to provide areas suitable for a wide variety of industrial and related uses with controls necessary for insuring sound industrial development
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
I-3 · Allentown, PAThe purpose of this district is to provide areas suitable for a wide variety of industrial and related uses with controls necessary for insuring sound industrial development
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of this district is to provide areas suitable for a wide variety of industrial and related uses with controls necessary for insuring sound industrial development
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-3 in Allentown, PA.
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