Property profile

701 Washington St 717 Allentown, PA 18109

OFF-MARKET
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Property ID
US73-0842559
8,400 SF 0.47 ac Built 1973
Last sale Aug 2025·$700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

Located at 701 E Washington Street in Allentown City, Pennsylvania, this 8,400-square-foot industrial building is suited for manufacturing and is positioned in the Lehigh Valley, less than 2 miles from Route 22. The property is zoned for Business Light Industrial use and includes building features such as a drive-in door and a loading dock designed to accommodate smaller or straight trucks. Interior ceiling height is approximately 15 feet, and the layout includes a private business office plus…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$336k
Assessed land$92k
Assessed improvement$245k
Effective rate3.61%

Value estimate

· Nov 2026
$375k
$338k – $413k
AI approach$375k
CAP approach$800k
Submarket $/SF estimate$504k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$73/SF
ZIP average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$41 – $102
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B/LI
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...
General categoryINDUSTRIAL
JurisdictionLEHIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.2
Dry Cleaner9.2
Bakery9.1

Location

701 Washington St, Unit 717 Allentown, PA 18109-1834
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
808 Ellsworth, Allentown, PA 18109-2138 $1,350,000 Dec 2025 15,640 SF
1516 Woodlawn, Allentown, PA 18109-1590 $215,000 Oct 2024 4,510 SF
951 Jerome, Allentown, PA 18109 $432,432 Aug 2024 9,261 SF
5995 Adams, Allentown, PA 18109-9006 $400,000 Mar 2024 6,366 SF
1137 Godfrey, Allentown, PA 18109-3503 $300,000 Nov 2023 7,344 SF
6099 Airport, Allentown, PA 18109-9443 $462,500 Jun 2023 4,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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