1026 Macarthur RdFullerton, PA 18052

  • Retail properties
  • 175,085 SF
For Sale
$9,500,000 View listing

Property Details for 1026 Macarthur Rd

Year built
1920
Lot size
10.04 AC
Property size (Sq ft)
175,085 SF
Zone code
C-2
Property type
Retail properties
Property subtype
Retail space
APN
549785471751-1
APU
5497854717511

Description

This exceptional 9.5 million dollar vacant warehouse property at 1026 MacArthur Road, Whitehall, Pennsylvania, 18052 presents a unique development opportunity in the thriving Lehigh Valley. The property's prime location on MacArthur Road offers significant potential for a variety of uses, including industrial, retail, and institutional developments. The existing warehouse structure provides a solid foundation for redevelopment or repurposing. The site's zoning allows for exploration of high-density residential development, subject to Whitehall Township approval. This presents a compelling opportunity for developers seeking to capitalize on the area's growing demand for housing. Further possibilities include the development of bank sites, hotels, convenience stores, restaurants, and grocery stores, catering to the needs of the local community and the high traffic volume on MacArthur Road. This property offers a quick close, making it an attractive investment for those seeking a swift and efficient transaction. The property's strategic location and diverse development potential make it an exceptional investment opportunity in a dynamic market. Detailed zoning information and development guidelines are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $63,935,928
    6.5%
    $59,017,780
    7%
    $54,802,224
  • Comparable approach

    Method
    Valuation
    Relative Method
    $58,036,548
    Geo Method
    $57,649,048
  • Alternative Use

    Use
    Valuation
    Residential
    $49,783,704
    Hospitality
    $45,601,604
    Educational
    $37,940,000
    Medical
    $39,244,816
    Retail
    $59,017,780
1026 Macarthur Rd, Fullerton, Pennsylvania

Location Insight

City
Whitehall
County
Lehigh
State
Pennsylvania
Latitude
40.6176
Longitude
-75.4802
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
$36,837
$1,074,900
$225,100
$1,300,000
-
$1,074,900
$225,100
$1,300,000

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