1022 3Rd StHokendauqua, PA 18052

  • Manufacturing properties
  • 42,458 SF
For Sale
$3,600,000 View listing

Property Details for 1022 3Rd St

Year built
1880
Lot size
6.81 AC
Property size (Sq ft)
42,458 SF
Zone code
R-5
Property type
Manufacturing properties
APN
640804014688-1
APU
6408040146881

Description

This exceptional 7.47-acre land parcel, located at 1022 3rd Street in Whitehall, PA 18052 (Lehigh County), presents a unique investment opportunity. The property, encompassing two parcels (APN: 640804014688-1, 640804301935-1), is zoned R5-High Density Residential, offering significant development potential. The land boasts level topography, making it ideal for various construction projects. Its strategic location provides excellent visibility, with over 18,000 vehicles passing daily. Ample parking is readily available. The property benefits from its proximity to numerous amenities, including the Lehigh Valley Mall, Walmart, Lowe's, Best Buy, Michael's, and a wide selection of restaurants. Furthermore, its convenient location offers easy access to Route 22 via the Fullerton Avenue exit, enhancing its appeal for both residential and commercial development. The asking price for this substantial land holding is $3,600,000. This presents a rare chance to acquire a large, well-situated parcel in a thriving area of Pennsylvania.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,072,516
    Hospitality
    $11,058,360
    Educational
    $9,200,426
    Medical
    $9,516,843
    Retail
    $14,311,773

Location Insight

City
Whitehall
County
Lehigh
State
Pennsylvania
Latitude
40.64
Longitude
-75.4741
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
$23,238
$632,100
$188,000
$820,100
-
$632,100
$188,000
$820,100

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