7720 Main StFogelsville, PA 18051
- Retail properties
- 3,195 SF
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 properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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