1150 Cedar Crest BlvdAllentown, PA 18103

  • Office properties
  • 12,328 SF
For Lease

Property Details for 1150 Cedar Crest Blvd

Year built
1994
Lot size
0.76 AC
Property size (Sq ft)
12,328 SF
Zone code
C1
Property type
Office properties
Property subtype
Office buildings
APN
548588027086-1
APU
5485880270861

Description

This exceptional two-story office building, constructed in 1994, offers 12,328 square feet of versatile space in Allentown, Pennsylvania. Located at 1150 S Cedar Crest Blvd, zip code 18103, this Class C property boasts a highly visible location at the intersection of I-78 and S. Cedar Crest Boulevard, ensuring excellent exposure for your business. The building is zoned C1 and features convenient amenities including covered parking and an on-site fitness center. Multiple tenancy options are available, with spaces ranging from a minimum of 1,439 square feet to a maximum contiguous space of 2,996 square feet

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,062,466
    6.5%
    $2,826,892
    7%
    $2,624,971
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,621,604
    Geo Method
    $1,610,776
  • Alternative Use

    Use
    Valuation
    Residential
    $3,505,346
    Hospitality
    $3,210,878
    Educational
    $2,671,413
    Medical
    $2,763,287
    Retail
    $4,155,531
1150 Cedar Crest Blvd, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5697
Longitude
-75.5195
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
$49,814
$314,700
$1,340,800
$1,655,500
-
$314,700
$1,340,800
$1,655,500

FAQs

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