961 Marcon BlvdAllentown, PA 18109

Property Details for 961 Marcon Blvd

Year built

1984

Lot size

10.65 AC

Property size (Sq ft)

103,900 SF

Zone code

PIO

Property type

Office buildings

APN

640895591645-1

APU

6408955916451

Description

Hanover Office Plaza, located at 961 Marcon Blvd in Allentown, PA, offers 103,900 square feet of prime office space in a Class B building. This four-story building, constructed in 1984, sits on a 10-acre lot (APN: 640895591645-1) in Lehigh County and is zoned PIO. The property features twelve suites, with a minimum divisible space of 1,420 square feet and a maximum contiguous space of 5,722 square feet. Currently, 31,069 square feet of space is available for lease. The building offers a variety of amenities including on-site property management and conferencing facilities, making it ideal for businesses seeking flexible and functional workspaces. Its convenient location adjacent to the Lehigh Valley International Airport and proximity to major highways and local amenities provides excellent accessibility. The building is categorized as a Creative Office space, perfect for businesses seeking a modern and inspiring work environment. This is an exceptional opportunity to secure office space in a well-maintained building in a highly desirable location within the Central Lehigh Valley.

• CAP approach

  CAP return

  Valuation

  6%

  $25,810,370

  6.5%

  $23,824,958

  7%

  $22,123,174

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,666,825

  Geo Method

  $13,575,574

• Alternative Use

  Use

  Valuation

  Residential

  $29,542,948

  Hospitality

  $27,061,180

  Educational

  $22,514,584

  Medical

  $23,288,896

  Retail

  $35,022,688

Location Insight

City

Allentown

County

Lehigh

State

Pennsylvania

Latitude

40.6443

Longitude

-75.4398

CBSA code

10900

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].