Financial
Distress signals
Property profile

881 Marcon Blvd Allentown, PA 18109

FOR LEASE
Office buildings
Property ID
US73-1409816
30,663 SF 3.36 ac lot Built 1989
Last sale Jul 2022 · $20,867,394
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A Class B office/flex building constructed in 1989, situated on a 3.07-acre site along Marcon Boulevard at the intersection with N Irving Street in the Lehigh Valley area. The building provides first-floor space that can accommodate suites of approximately 7,000 sq. ft. (Suite 1), 2,000 sq. ft. (Suite 2), and 4,000 sq. ft. (Suite 3), for a range of first-floor suite sizes totaling about 2,000 to 15,090 sq. ft. The site offers parking at an estimated ratio of 4.00 spaces per 1,000 sq. ft. The

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$69k
Tax billed · 2024
Assessed value$2.79M
Assessed land$336k
Assessed improvement$2.45M
Effective rate2.46%

Value estimate

· Sep 2026
$22.04M
$19.83M – $24.24M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$175/SF
ZIP average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$83 – $310
Qualifying comparables3

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?
PIO
JurisdictionLEHIGH

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.0
Hair Salon11.9
Parking Facility11.5

Location

881 Marcon Blvd Allentown, PA 18109
County assessor Recorded deeds · 8 transfers 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
964 Marcon, Allentown, PA 18109-9361 $3,244,444 Jan 2024 39,200 SF
974 Marcon, Allentown, PA 18109-9362 $3,444,444 Jan 2024 39,741 SF
2131 Hanover, Allentown, PA 18109-2402 $3,300,000 Dec 2022 35,793 SF
894 Marcon, Allentown, PA 18109-9583 $20,867,394 Jul 2022 28,800 SF
861 Marcon, Allentown, PA 18109-9577 $20,867,394 Jul 2022 34,736 SF
2202 Irving, Allentown, PA 18109-9554 $20,867,394 Jul 2022 26,444 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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