3435 Winchester RdAllentown, PA 18104

  • Office buildings
  • 83,095 SF
For Lease
$19.25/SF/YR View listing

Property Details for 3435 Winchester Rd

Year built
2000
Lot size
7.34 AC
Property size (Sq ft)
83,095 SF
Zone code
GC-1
Property type
Office buildings
APN
548723831466-1
APU
5487238314661

Description

This exceptional Class B office building, located at 3435 Winchester Road in Allentown, Pennsylvania, offers immediate occupancy in two available suites. The property boasts a total of 76,697 square feet across four stories, situated on a generous 7.341-acre lot (319,773 square feet). Built in 2000, the building features ample parking with 480 spaces available for tenants and visitors. Two suites are currently available, providing flexible options for businesses of varying sizes. One suite offers a minimum of 4,287 square feet, while the other provides a maximum contiguous space of 8,480 square feet. A total of 12,767 square feet is currently vacant. The building's location in Lehigh County, with easy access to major roadways, makes it an ideal location for businesses seeking convenient access to the Allentown area. The property is zoned for executive office use and offers a unique opportunity for businesses seeking high-quality office space in a desirable location. The building's features include a modern design and ample parking, making it an attractive option for businesses of all sizes. The building's FAR is 83,095. This is a rare opportunity to secure prime office space in a thriving Allentown location. Contact us today to schedule a viewing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $20,642,086
    6.5%
    $19,054,234
    7%
    $17,693,216
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,930,171
    Geo Method
    $10,857,193
  • Alternative Use

    Use
    Valuation
    Residential
    $23,627,250
    Hospitality
    $21,642,434
    Educational
    $18,006,250
    Medical
    $18,625,512
    Retail
    $28,009,722
3435 Winchester Rd, Allentown, Pennsylvania

Location Insight

City
Allentown
County
Lehigh
State
Pennsylvania
Latitude
40.6116
Longitude
-75.5371
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
$164,096
$1,918,600
$5,064,300
$6,982,900
-
$1,918,600
$5,064,300
$6,982,900

FAQs

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