611 Albert StAllentown, PA 18109

  • Industrial properties
  • 140,755 SF
For Sale

Property Details for 611 Albert St

Year built
1900
Lot size
8.60 AC
Property size (Sq ft)
140,755 SF
Zone code
I-3
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
640770106619-1
APU
6407701066191

Description

This exceptional 8.5-acre Allentown, PA industrial property, located at 611 S. Albert St., presents a unique redevelopment opportunity. Currently featuring a 140,755 square foot, single-story, Class C manufacturing/warehouse building constructed in 1900, the site is slated for demolition within 90-120 days. The property boasts I-3 zoning, allowing for a variety of uses, and offers significant potential for truck and trailer parking (approximately 350 spaces). Key features include three loading docks, 20-foot ceiling heights, and access to two 18-inch water pipelines. The site's strategic location provides convenient access to I-78 and Route 22, further enhanced by the presence of a fiber optic line and potential rail access. Outdoor storage is permitted, making this an ideal location for logistics, distribution, or other industrial uses. The property's substantial size and versatile zoning make it an attractive investment for developers seeking a prime location in Lehigh County, Pennsylvania, with a projected delivery date of 90-120 days post-demolition. The zip code is 18109.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $40,022,304
    Hospitality
    $36,660,216
    Educational
    $30,500,870
    Medical
    $31,549,842
    Retail
    $47,445,796
611 Albert St, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.601
Longitude
-75.4498
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
$43,947
$516,000
$588,400
$1,104,400
-
$516,000
$588,400
$1,104,400

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