This exceptional 44,000-square-foot executive office building is available for lease in Allentown, Pennsylvania. Located at 2236 12th Street, this single-tenant property sits on a generous 2.256-acre lot, offering ample space and potential for a variety of business uses. The building is fully vacant, presenting a unique opportunity for a company seeking a substantial and modern workspace. Key features include the presence of elevators, ensuring convenient access to all floors. The property's location in Lehigh County provides easy access to major transportation routes and amenities, making it an ideal location for businesses seeking a strategic presence in the Allentown area. The building's substantial size and single-tenant occupancy offer significant flexibility for customization and design to meet specific business needs. This is a rare opportunity to secure a large, well-located office space in a thriving Pennsylvania market. The property is zoned for office use and offers a significant amount of space for a variety of business operations. The 44,000 square feet provides ample room for expansion and growth. The 18103 zip code offers convenient access to local amenities and transportation networks. This property is perfect for a company looking for a prominent and spacious location in Allentown. The building's size and features make it suitable for a wide range of businesses. The 2.256-acre lot provides ample parking and potential for future expansion. This is a prime opportunity to establish a significant presence in the Allentown business community.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$10,978,971
6.5%
$10,134,435
7%
$9,410,547
Comparable approach
Method
Valuation
Relative Method
$5,813,465
Geo Method
$5,774,650
Alternative Use
Use
Valuation
Residential
$12,566,700
Hospitality
$11,511,029
Educational
$9,577,041
Medical
$9,906,410
Retail
$14,897,620
Location Insight
City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5706
Longitude
-75.474
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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