1611 Pond RdAllentown, PA 18104

Property Details for 1611 Pond Rd

Year built

1995

Property size (Sq ft)

2,239 SF

Zone code

GC-I

Property type

Medical offices

Property subtype

Medical centers

APN

548724614622-10

APU

54872461462210

Description

This exceptional 5,838-square-foot office suite is situated within a Class A, four-story building, offering a blend of creative and traditional office space. Built in 1995 and extensively renovated in 2017, the suite boasts a spacious open work area, complemented by private offices featuring glass walls for enhanced natural light and collaboration. A modern glass conference room and a large, inviting kitchen/lounge area serve as central hubs for productivity and team interaction. The suite is part of a larger 60,000-square-foot building situated on 4.17 acres of land, zoned for General Commercial use. The building includes convenient amenities such as climate-controlled storage and garage parking, available at an additional cost. This prime location offers unparalleled accessibility, with easy access to major roadways including Routes 22, 78, and 476. The property enjoys a desirable West End Allentown address, adjacent to Cedar Crest Plaza, placing it within close proximity to a variety of retail options, including Target, Weis Markets, Applebee's, and Biaggio's. The building features elevators for convenient access to all floors. This single-tenant space presents a unique opportunity for businesses seeking a modern, well-appointed office environment in a highly convenient location. The total building vacancy is 10,338 square feet. Competitive rates and construction allowances are available.

• CAP approach

  CAP return

  Valuation

  6%

  $556,202

  6.5%

  $513,418

  7%

  $476,745

• Comparable approach

  Method

  Valuation

  Relative Method

  $294,514

  Geo Method

  $292,548

• Alternative Use

  Use

  Valuation

  Residential

  $636,638

  Hospitality

  $583,157

  Educational

  $485,180

  Medical

  $501,866

  Retail

  $754,724

Location Insight

City

Allentown

County

Lehigh

State

Pennsylvania

Latitude

40.6138

Longitude

-75.5377

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].