5000 Tilghman StAllentown, PA 18104

  • Office buildings
  • 59,688 SF

Property Details for 5000 Tilghman St

Year built
1982
Lot size
7.94 AC
Property size (Sq ft)
59,688 SF
Zone code
HC-I
Property type
Office buildings
APN
547645817590-1
APU
5476458175901

Description

This exceptional Allentown, PA retail property, located at 5000 W. Tilghman Street, offers 53,590 square feet across three suites in a three-story building. The property boasts a desirable campus-like setting with abundant parking (247 spaces), convenient access to Tilghman Street, and move-in ready suites featuring beautiful window lines. Three suites are available, ranging from 481 to 2,394 square feet, with a total of 3,421 square feet currently vacant. Built in 1980, this Class B property sits on 894 acres and includes on-site amenities such as a fitness center with showers and state-of-the-art equipment, walking trails, and a pond. Its HC-I zoning allows for a variety of commercial uses. The property's prime location offers easy access to shopping, restaurants, entertainment, and medical facilities, including Wegmans, a Holiday Inn Express, a conference center, Tilghman Square Shopping Center, St. Luke's, and OAA. Convenient access to FedEx, UPS, and USPS is also a key advantage. The property features one building with elevators and a property manager on-site. The APN is 547645817590-1.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,827,424
    6.5%
    $13,686,853
    7%
    $12,709,221
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,851,256
    Geo Method
    $7,798,834
  • Alternative Use

    Use
    Valuation
    Residential
    $16,971,698
    Hospitality
    $15,545,984
    Educational
    $12,934,076
    Medical
    $13,378,899
    Retail
    $20,119,674

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.5896
Longitude
-75.5664
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
$77,472
$2,627,500
$669,200
$3,296,700
-
$2,627,500
$669,200
$3,296,700

FAQs

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