7720 Main StFogelsville, PA 18051

  • Retail properties
  • 3,195 SF
For Lease

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
7720 Main St, Fogelsville, Pennsylvania

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

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
$13,285
$208,300
$429,800
$638,100
-
$208,300
$429,800
$638,100

FAQs

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