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Property profile & analytics
OFF-MARKET
Estimated value
$3,975,000
Industrial properties
759 Roble Rd Allentown, PA 18109-9139
Entity Owned
Absentee Owner
Free & Clear
Property ID
US73-1068065
Property summary
AI-generated overview
This exceptional 52,000-square-foot industrial warehouse, located at 759 Roble Road in Allentown, Pennsylvania, presents a significant leasing opportunity. Built in 2000, this single-story building sits on a 4.11-acre lot (179,032 square feet) and boasts a 22-foot ceiling height, ideal for various industrial uses. The property features three dock-high doors and one drive-in door, facilitating efficient loading and unloading. A substantial 22,800 contiguous square feet is currently available for lease within the larger building. The warehouse benefits from robust 480-volt 3-phase power, making it suitable for power-intensive operations. The property is zoned PIO and is located in Lehigh County, Pennsylvania, with a zip code of 18109. The building's floor area ratio (FAR) is 0.29. The space is well-suited for distributors or warehouse operations, offering a combination of warehouse and office space. The property is well-maintained and offers low operating expenses, making it a cost-effective solution for businesses seeking efficient and functional warehouse space in a prime Allentown location. The property is easily accessible via its location on Roble Road.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2001
Total area
55,200 SF
Lot
4.11 ac (178,857 SF)
Zoning code
PIO
APN
640843639653-1
UPID
US73-1068065
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Graduate Education Center College
-
Pacesetter Enterprises Inc Marketing & Advertising Printing Service
-
ABEC Warehouse & Storage
-
HCSC Ambulatory Care (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.82M
Comparable Approach
Comparable
$4.98M
Blend (final)
Blend
$3.98M
Owner & transaction history
LEHIGH REALTY ASSOCIATES III
LEHIGH REALTY ASSOCIATES III
Zoning & alternative use
PIO · Allentown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.0M
+44.8%
Retail stores
$5.7M
+36.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Allentown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allentown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,140,000
6.5%
$3,820,000
7%
$3,550,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,165,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,030,000
Change: +45% · Conversion: Difficult
RETAIL STORES
$5,700,000
Change: +37% · Conversion: Moderate
Blend value · Realmo final
$3.98M
Range $3.58M – $4.37M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$72 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$73,571
Tax year 2024
Assessed value
$2,988,900
Assessed 2024
Previous assessed
$2,988,900
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$410,600
Assessed improvement
$2,578,300
Land market value
$410,600
Improvement market value
$2,578,300
Total market value
$2,988,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2001
Heating
YES
Cooling
YES
Stories
1
Total area
55,200 SF
Lot
4.11 ac (178,857 SF)
Zoning code
PIO
APN
640843639653-1
UPID
US73-1068065
Jurisdiction
LEHIGH
Zoning & alternative use
PIO · Allentown, PA
Zoning PIO · permitted uses
PIO · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allentown. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.0M
RETAIL STORES
Est. value
$5.7M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
YES
Cooling
Yes
Stories
1
Lot
4.11 ac
Current owner
From public records · entity-resolved
LEHIGH REALTY ASSOCIATES III
Individual
Free & Clear · 0 yrs held
Mailing address
349 STATE RTE 31ST STE #102, FLEMINGTON, NJ 08822-5777
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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