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855 Lincoln Ave

Property profile

855 Lincoln Ave Northampton, PA 18067

FOR SALE

Schools

Property ID

US73-4083606

19,923 SF 0.6 ac lot Built 1903

Entity Owned Free & Clear

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$1,025,000 19,923 SF

855 Lincoln Ave, Northampton, PA 18067
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This multi-story all-brick elementary school building is located in Northampton Boro, Pennsylvania, on a corner lot with off-street parking. Built in 1907 and renovated in 1982, the approximately 19,923-square-foot structure includes multiple classrooms and offices, large rooms with high ceilings, a gym/multi-purpose room, and an operating kitchen, along with three staircases. Building systems and safety features include a sprinkler system and a fire alarm system. The property includes an additional full basement with finished spaces and outside access. Site improvements include a playground, and the property is situated on two parcels, one of which is currently used as a playground. The property is zoned R-3, with permitted uses including detached housing, semi-detached housing, townhomes, and apartments. The overall lot size is approximately 0.599 acres.

Property type Schools

Use group COLLEGE, UNIVERSITY, VOC SCHOOL

Year built 1903

Total area 19,923 SF

Lot 0.6 ac (26,100 SF)

Zoning code R3

APN M4NW2C 9 25 0522E

UPID US73-4083606

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

855 Lincoln Ave Northampton, PA 18067

Northampton metro Census 16202 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

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$415k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$415k

Comparables

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Value Estimation
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Value Estimation
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