Property profile

8615 Congdon Hl Dr Alburtis, PA 18011

OFF-MARKET
Distribution centers
Property ID
US73-4343227
271,080 SF 33.88 ac lot Built 2020
Entity Owned 10-yr Hold Free & Clear
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Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2020
Total area 271,080 SF
Lot 33.88 ac (1,475,595 SF)
Zoning code HI-S
APN 546327146378-1
UPID US73-4343227

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8615 Congdon Hl Dr Alburtis, PA 18011-8001
Alburtis metro Census 6302 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$37.75M
Comparable Approach Comparable
$34.15M
Blend (final) Blend
$30.64M

Owner & transaction history

since 2015
1 recorded transaction
2015
$8.6M

Zoning & alternative use

HI-S · Alburtis, PA
Top alternative use upside
Auto repair, garage $43.9M +69.7%
Office building $40.3M +55.8%
Commercial (general) $36.3M +40.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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