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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Positioned minutes from Route 22 and Lehigh Valley International Airport.
- Month-to-month leases offer immediate rental upside.
- Fully lit with LED lighting and secured by electronic gate system.
- Zoned B3 with broad industrial and commercial use flexibility.
- Surrounded by over 1 million residents within 45-minute drive.
- Located in one of the fastest-growing business regions in the U.S.
RÉSUMÉ ANALYTIQUE
Located in the heart of Lehigh Valley’s industrial corridor, 1038 N Sherman Street presents a rare opportunity to acquire a 2.1-acre parcel with exceptional redevelopment potential. Strategically positioned just minutes from Route 22 and Lehigh Valley International Airport, the site benefits from 97,000 vehicles in average daily traffic and sits within a high-demand logistics and labor market. The property is currently leased on a per-slip basis to parking tenants under short-term, mostly month-to-month agreements, offering immediate upside through rental rate adjustments or full reconfiguration.
Zoned B3 by the City of Allentown, the parcel supports a wide array of permitted uses including warehousing, self-storage, wholesale sales, and select manufacturing, making it ideal for investors seeking flexibility and long-term value creation. The surrounding area boasts a population of over 1 million within a 45-minute drive and a dense labor pool with net negative commuter scores, indicating strong demand for local employment opportunities. Enhanced by electronic gate security and LED lighting, the site is well-equipped for continued operations or redevelopment.
This offering is ideal for institutional buyers, owner-users, or developers looking to capitalize on Lehigh Valley’s status as one of the top U.S. regions for business expansion. With high barriers to entry and irreplaceable location fundamentals, 1038 N Sherman Street is a compelling investment in a thriving logistics and industrial hub.
Zoned B3 by the City of Allentown, the parcel supports a wide array of permitted uses including warehousing, self-storage, wholesale sales, and select manufacturing, making it ideal for investors seeking flexibility and long-term value creation. The surrounding area boasts a population of over 1 million within a 45-minute drive and a dense labor pool with net negative commuter scores, indicating strong demand for local employment opportunities. Enhanced by electronic gate security and LED lighting, the site is well-equipped for continued operations or redevelopment.
This offering is ideal for institutional buyers, owner-users, or developers looking to capitalize on Lehigh Valley’s status as one of the top U.S. regions for business expansion. With high barriers to entry and irreplaceable location fundamentals, 1038 N Sherman Street is a compelling investment in a thriving logistics and industrial hub.
INFORMATIONS SUR L’IMMEUBLE
| Type de vente | Investissement | Usage proposé | |
| Nb de lots | 1 | Surface totale du lot | 0,85 ha |
| Type de bien | Terrain | Nb d’étages | 1 |
| Sous-type de bien | Terrain commercial | ||
| Zonage | B3 | ||
| Type de vente | Investissement |
| Nb de lots | 1 |
| Type de bien | Terrain |
| Sous-type de bien | Terrain commercial |
| Usage proposé | |
| Surface totale du lot | 0,85 ha |
| Nb d’étages | 1 |
| Zonage | B3 |
1 LOT DISPONIBLE
Lot
| Surface du lot | 0,85 ha |
| Surface du lot | 0,85 ha |
1 1
Walk Score®
Très praticable à pied (72)
TAXES FONCIÈRES
| Numéro de parcelle | 641729692951-1 | Évaluation des aménagements | 122 588 € |
| Évaluation du terrain | 108 526 € | Évaluation totale | 231 115 € |
TAXES FONCIÈRES
Numéro de parcelle
641729692951-1
Évaluation du terrain
108 526 €
Évaluation des aménagements
122 588 €
Évaluation totale
231 115 €
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1038 N Sherman St
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