Technical
Financial
Distress signals
Property profile

871 Marcon Blvd Allentown, PA 18109

OFF-MARKET
Distribution centers
Property ID
US73-2804468
36,332 SF 3.31 ac lot Built 1989
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This Allentown, Pennsylvania industrial property, located at 871 Marcon Blvd, offers flexible warehouse space ideal for various uses. The building, constructed in 1989, totals 36,332 square feet and sits on a 3.31-acre lot. Two suites are currently available, measuring approximately 7,989 square feet and 23,368 square feet, respectively. These can be leased individually or combined for a total of up to 31,357 contiguous square feet. The property features 14-16 foot ceiling heights, providing ample vertical space. Loading and unloading is facilitated by two loading docks and three drive-in doors. The building includes approximately 3,000 square feet of dedicated office space, suitable for administrative functions. Three-phase power is available, catering to a range of industrial needs. The property's zoning is PIO, and it's situated in Lehigh County, within the Lehigh Valley Executive Campus. The building is adaptable for light manufacturing, life sciences, packaging, office space, and other similar uses. Exterior private entrances offer convenient access, and ample parking is available for employees and clients. Note that utilities, property expenses, and building services are not included in the lease rate.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1989
Total area 36,332 SF
Lot 3.31 ac (144,314 SF)
Zoning code PIO
APN 640864322258-1
UPID US73-2804468

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Warehouse & Storage
  • Courier Service Postal Service

Location

871 Marcon Blvd Allentown, PA 18109-9577
Allentown metro Census 5902 ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2022
Last sale
$20.9M
7 recorded transactions
2022
$20.9M
2020
Price N/A
2016
Price N/A
2014
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PIO · Allentown, PA

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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