1384 5Th StAllentown, PA 18103

  • Industrial properties
  • 7,800 SF
For Lease

Property Details for 1384 5Th St

Year built
1945
Lot size
5.04 AC
Property size (Sq ft)
7,800 SF
Zone code
I-2
Property type
Industrial properties
Property subtype
Other warehouses
APN
640644099611-1
APU
6406440996111

Description

This exceptional 10.82-acre industrial land parcel, located at 1384 S. 5th Street, Allentown, PA 18103, presents a unique investment opportunity. The property is designated for single-tenant occupancy and boasts a significant amount of parking, accommodating up to 165 vehicles. The site offers immediate access to 3.5 acres of outside storage, with the potential to expand this area to up to 7.5 acres in the future. This expansive outdoor space is ideal for various industrial uses. The property's strategic location near S. 4th Street provides convenient access to major transportation routes. The zoning allows for a variety of permitted uses, including outdoor storage, industrial equipment rentals and sales, distribution, manufacturing, recycling, self-storage, and truck terminals. The potential for rail service adds further value and logistical advantages. This property is well-suited for businesses requiring substantial outdoor storage and ample parking, offering a flexible and adaptable space to meet diverse operational needs. The existing infrastructure and zoning flexibility make this a highly attractive option for a wide range of industrial enterprises seeking a strategic location in Allentown, Pennsylvania.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,217,854
    Hospitality
    $2,031,542
    Educational
    $1,690,219
    Medical
    $1,748,348
    Retail
    $2,629,230
1384 5Th St, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5871
Longitude
-75.4613
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
$11,516
$199,600
$50,000
$249,600
-
$199,600
$50,000
$249,600

FAQs

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