7720 Main StFogelsville, PA 18051

Property Details for 7720 Main St

Year built

1989

Lot size

0.53 AC

Property size (Sq ft)

3,195 SF

Zone code

HC

Property type

Retail space

APN

545682026573-7

APU

5456820265737

Description

This exceptional 3,400 square foot retail property is located at 7720 Main Street in Fogelsville, Pennsylvania, Lehigh County (zip code 18051). The building, constructed in 1994, sits on a two-acre lot and is zoned HC. Currently, the entire 3,400 square feet is available for lease. The property boasts a prime location in the west end of the Lehigh Valley, benefiting from high traffic counts due to its corner location near an interstate. The surrounding area demonstrates strong demographics with high household incomes. The strategic location is further enhanced by the proximity to seven hotels and millions of square feet of office and industrial space, creating a robust and diverse commercial environment. This presents a unique opportunity for a business seeking high visibility and access to a substantial customer base in a thriving commercial corridor. The property's size and location make it ideal for a variety of retail uses. All 3400 square feet is vacant and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $1,182,920

  6.5%

  $1,091,926

  7%

  $1,013,932

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,033,314

  Geo Method

  $1,051,996

• Alternative Use

  Use

  Valuation

  Residential

  $921,081

  Hospitality

  $843,705

  Educational

  $701,953

  Medical

  $726,094

  Retail

  $1,091,926

Location Insight

City

Fogelsville

County

Lehigh

State

Pennsylvania

Latitude

40.5828

Longitude

-75.6273

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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