1701 Union BlvdAllentown, PA 18109

  • Retail properties
  • 76,900 SF
For Lease

Property Details for 1701 Union Blvd

Lot size
1.96 AC
Property size (Sq ft)
76,900 SF
Zone code
B/LI
Property type
Retail properties
Property subtype
Outlet malls
APN
641729248306-1
APU
6417292483061

Description

This exceptional 4,000-square-foot warehouse, located at 1701 Union Blvd in Allentown, Pennsylvania (zip code 18109), presents a significant leasing opportunity. The property is classified as both office and industrial, offering versatile space ideal for a variety of businesses. Currently, the entire 4,000 square feet is available for lease in a single suite within a multi-tenant building. The warehouse boasts three dock-high doors, providing efficient loading and unloading capabilities. Situated in Lehigh County, this location offers convenient access to major transportation routes, making it an attractive option for businesses needing easy access to distribution networks. The property's address is 1701 Union Blvd, Allentown, PA 18109. The building's total square footage is 4,000 square feet, and it is currently entirely vacant. This presents a unique chance to secure a well-equipped warehouse space in a desirable location. Interested parties are encouraged to inquire for further details and leasing information. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $28,081,634
    6.5%
    $25,921,508
    7%
    $24,069,972
  • Comparable approach

    Method
    Valuation
    Relative Method
    $25,490,536
    Geo Method
    $25,320,340
  • Alternative Use

    Use
    Valuation
    Residential
    $21,865,762
    Hospitality
    $20,028,920
    Educational
    $16,663,826
    Medical
    $17,236,920
    Retail
    $25,921,508
1701 Union Blvd, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.6262
Longitude
-75.4304
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
$27,937
$100,000
$743,000
$843,000
-
$100,000
$743,000
$843,000

FAQs

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