242 PennAlburtis, PA 18011

  • Retail properties
  • 2,700 SF
Off market
$10,820,350 Estimated

Property Details for 242 Penn

Year built
1974
Lot size
1.08 AC
Property size (Sq ft)
2,700 SF
Zone code
L-1
Property type
Retail properties
Property subtype
Auto shops
APN
546366793894-1
APU
5463667938941

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $999,651
    6.5%
    $922,755
    7%
    $856,844
  • Comparable approach

    Method
    Valuation
    Relative Method
    $873,223
    Geo Method
    $889,011
  • Alternative Use

    Use
    Valuation
    Residential
    $778,378
    Hospitality
    $712,990
    Educational
    $593,200
    Medical
    $613,601
    Retail
    $922,755
242 Penn, Alburtis, Pennsylvania

Location Insight

City
Alburtis
County
Lehigh
State
Pennsylvania
Latitude
40.5129
Longitude
-75.5982
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$7,630
$97,200
$169,500
$266,700
-
$97,200
$169,500
$266,700

FAQs

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