1205 Grape StWhitehall, PA 18052

  • Banks
  • 3,923 SF

Property Details for 1205 Grape St

Year built
1998
Lot size
0.18 AC
Property size (Sq ft)
3,923 SF
Zone code
C-2
Property type
Banks
APN
549872328571-3
APU
5498723285713

Description

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

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
$23,584
$100,200
$732,100
$832,300
-
$100,200
$732,100
$832,300

FAQs

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