3900 Hamilton BlvdAllentown, PA 18103

  • Strip malls
  • 54,204 SF
For Lease
$29/SF/YR View listing

Property Details for 3900 Hamilton Blvd

Year built
1982
Lot size
6.41 AC
Property size (Sq ft)
54,204 SF
Zone code
HC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
548539747441-1
APU
5485397474411

Description

This exceptional Class A office space, located at 3900 Hamilton Blvd in Allentown, PA, offers 1,200 square feet of immediately available space within a 52,499 square foot building. The property, built in 1982 and renovated in 2021, features a two-story building situated on 6.75 acres of land, providing ample parking (368 spaces) and convenient access to major roadways including Routes 22, 100, 222, 309, I-78, and the PA Turnpike (I-476). The space boasts 10' - 13' ceilings, two elevators, and is zoned HC (Highway Commercial) in Lehigh County's West End Allentown submarket. This prime location offers excellent visibility and proximity to Lehigh Valley Hospital, numerous restaurants, and high-end co-tenants such as Talbots, Bixler's, Barre3, and more. The building includes modern amenities such as a park-like setting, attractive lobby, ADA accessibility, a security system, and surveillance cameras. The suite offers dedicated HVAC and electric. This is an ideal opportunity for businesses seeking a prestigious and convenient location in the heart of Allentown's thriving commercial district. The minimum divisible space is 1,200 square feet, with a maximum contiguous space also at 1,200 square feet. There are a total of 15 suites in the building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $19,793,718
    6.5%
    $18,271,124
    7%
    $16,966,044
  • Comparable approach

    Method
    Valuation
    Relative Method
    $17,967,348
    Geo Method
    $17,847,382
  • Alternative Use

    Use
    Valuation
    Residential
    $15,412,376
    Hospitality
    $14,117,654
    Educational
    $11,745,722
    Medical
    $12,149,676
    Retail
    $18,271,124

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5734
Longitude
-75.5349
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
$154,172
$2,650,900
$3,909,700
$6,560,600
-
$2,650,900
$3,909,700
$6,560,600

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