904 Marcon Blvd Allentown, PA 18109-9537
Individually Owned
10-yr Hold
Free & Clear
Estimated value (blended)
$3.12M
Range $2.80M – $3.43M (±10%)
Property ID
US73-1097598
Property summary
AI-generated overview
This exceptional 43,245-square-foot industrial property, located at 904 Marcon Boulevard in Allentown, Pennsylvania, 18109, presents a unique opportunity. The single-tenant building boasts 14,400 square feet of immediately available space, perfect for a variety of industrial or flex uses. The building features a single story with a generous 20-foot ceiling height, providing ample vertical space for storage or operations. Loading and unloading are efficient with six dock doors strategically positioned. The property has undergone extensive renovations, including the installation of new LED lighting and an advanced ESFR sprinkler system, ensuring both energy efficiency and enhanced safety. A significant portion of the building has been refurbished, including approximately 1,160 square feet of modern office space, ready for immediate occupancy. This prime location in Allentown offers easy access to major transportation routes, making it an ideal choice for businesses needing efficient logistics and distribution capabilities. The property is situated on a single lot, simplifying operations and management. This is a rare opportunity to secure a well-maintained, modern industrial space in a thriving Pennsylvania market.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Total area
45,600 SF
Lot
4.09 ac (178,160 SF)
Zoning code
PIO
APN
640874507310-1
UPID
US73-1097598
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
-
HVAC Service General Contractor
-
Big Box & Wholesale Store
-
Take-out & Catering Catering Service
-
Hardware & Home Improvement Carpet & Flooring Store
-
Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.16M
Comparable Approach
Comparable
$3.80M
Blend (final)
Blend
$3.12M
Owner & transaction history
since 2016
1 recorded transaction
Zoning & alternative use
PIO · Allentown, PA
Top alternative use upside
Apartment house (5+ units)
$5.0M
+44.8%
Retail stores
$4.7M
+36.9%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 5 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$3.12M
Value range
$2.80M – $3.43M
±10% around blend
Estimated value / SF
$68 / SF
Confidence
High
5 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
50
$2.80M
blend $3.12M
$3.43M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
45,600 SF
Lot area
4.09 ac
Year built
1985
Stories
1
APN
640874507310-1
Assessed value
$2,282,300
Annual tax
$56,178
3
Income approach: direct capitalization
Partial preview
Income approach indication
$3.16M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.42M
@ 6.5% CAP return
$3.16M
@ 7% CAP return
$2.93M
4
Sales comparison
Partial preview
Sales approach indication
$6.24M
Weighted, 5 comps · high confidence
Evidence
5 found · 5 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.3 mi away · 52,156 SF
0.7 mi away · 46,800 SF
1.8 mi away · 38,241 SF
2.2 mi away · 32,470 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.12M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 57 sales
$75
-9%
County 78 sales
$69
-2%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $68/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Apartment House (5+ Units)
Gross theoretical uplift
+45%
vs current-use indication
Retail Stores
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 5 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.28M
Move the market yield to see immediate price impact.
Value / SF
$50
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$144k
$2.88M
$2.05M
$1.60M
$160k
$3.20M
$2.28M
$1.78M
$176k
$3.51M
$2.51M
$1.95M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
5 found
High confidence · county-verified
Closest comparable
$6.00M
0.2 mi · May 2026 · $156/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$56,178
Tax year 2024
Assessed value
$2,282,300
Assessed 2024
Previous assessed
$2,282,300
+0.0% YoY
Effective rate
2.46%
On assessed value
Assessed land
$449,900
Assessed improvement
$1,832,400
Land market value
$449,900
Improvement market value
$1,832,400
Total market value
$2,282,300
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Heating
YES
Cooling
YES
Stories
1
Total area
45,600 SF
Lot
4.09 ac (178,160 SF)
Zoning code
PIO
APN
640874507310-1
UPID
US73-1097598
Jurisdiction
LEHIGH
Zoning & alternative use
PIO · Allentown, PAZoning PIO · permitted uses
PIO · Allentown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
YES
Cooling
Yes
Stories
1
Lot
4.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PIO
Jurisdiction
Allentown, PA
Recorded code
PIO
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PIO in Allentown, PA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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