6220 Airport RdAllentown, PA 18109

Property Details for 6220 Airport Rd

Year built

1950

Lot size

0.46 AC

Property size (Sq ft)

2,100 SF

Zone code

PC

Property type

Auto shops

APN

M5NE2 2 6 0508

APU

M5NE2260508

Description

This exceptional turnkey automotive business opportunity in Allentown, PA, presents a rare chance to acquire a well-established and highly profitable enterprise. Located at 6220 Airport Road, this 57,525 square foot facility sits on a 0.46-acre lot in a high-traffic area, providing excellent visibility and accessibility. The sale includes the real estate, the existing business, all equipment, and an extensive inventory, offering a complete and immediate operational setup. The business boasts a 40+ year history in the Lehigh Valley, earning a stellar reputation for competitive pricing and outstanding customer service. Known as a premier destination for Volkswagen and Audi vehicles on the East Coast, this location enjoys significant brand recognition and a loyal customer base. The property's strategic location on a busy thoroughfare offers potential for future expansion, allowing for growth and adaptation to evolving market demands. The opportunity exists to purchase the real estate separately from the business, equipment, and inventory, providing flexibility for new ventures or expansion of existing operations. This is a truly unique opportunity to acquire a successful, long-standing business with significant growth potential. The asking price for the entire package is $1,499,000.

• CAP approach

  CAP return

  Valuation

  6%

  $766,859

  6.5%

  $707,870

  7%

  $657,307

• Comparable approach

  Method

  Valuation

  Relative Method

  $696,100

  Geo Method

  $691,453

• Alternative Use

  Use

  Valuation

  Residential

  $597,114

  Hospitality

  $546,954

  Educational

  $455,059

  Medical

  $470,709

  Retail

  $707,870

Location Insight

City

Allentown

County

Northampton

State

Pennsylvania

Latitude

40.681

Longitude

-75.4156

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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