This exceptional 3,956 square foot drive-thru retail building presents a unique investment opportunity in the thriving Lehigh Valley, Pennsylvania. Located at 1205 Grape Street in Whitehall, this single-tenant property sits on a 0.63-acre lot and offers unparalleled visibility and accessibility. Currently vacant, the entire building is available for lease, providing a blank canvas for a wide range of retail concepts. Its strategic location across from the Lehigh Valley Mall places it within a super regional trade area, guaranteeing high foot traffic and significant brand exposure. The property's designation as a pad site to the Whitehall Mall redevelopment further enhances its long-term growth potential. This prime location offers easy access for customers and ample parking, making it an ideal space for businesses seeking a high-traffic, convenient location. The building's drive-thru capability adds significant operational flexibility and caters to the modern consumer's preference for convenience. Lehigh County's robust economy and strong demographics make this an attractive market for businesses seeking expansion or new market entry. This is a rare opportunity to secure a prominent retail space in a rapidly developing area with exceptional visibility and access. The 18052 zip code offers a strong customer base and significant potential for business growth. Don't miss this chance to establish your business in a prime location within the Lehigh Valley's dynamic retail landscape.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,432,565
6.5%
$1,322,368
7%
$1,227,913
Comparable approach
Method
Valuation
Relative Method
$1,300,382
Geo Method
$1,291,700
Alternative Use
Use
Valuation
Residential
$1,115,467
Hospitality
$1,021,761
Educational
$850,094
Medical
$879,330
Retail
$1,322,368
Location Insight
City
Whitehall
County
Lehigh
State
Pennsylvania
Latitude
40.6351
Longitude
-75.4836
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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