Property Attributes
- MLS#PALH2004786
- TypeCommercial
- CountyLEHIGH
- CityAllentown
- AreaUpper Macungie Twp
- Zip18106
- StyleCross Dock/Truck Terminal,Parking Lot
- Year Built2022
- Taxes$ 1097
- Price$ 398,800
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage25671
- Lot Size0.59 Acres
Data Source:
Bright MLS
Property Description
Great Commercial Investment income, perfect of any contractor requiring zoned industrial, lot rental for Truck tractors, RV, Boats, etc. 28-30 spaces renting for an average of $200/mo.($5,600-$6,000/mo.) at current market price, with parking shortages in our area and warehousing creating additional demand. The Lehigh Valley is a ever growing distribution hub, so tractor trailer parking is always in high demand. Gravel Lot with improvements has promising cash flow, low taxes only $1,097.28 and with no permit structures this should be fairly stable. Good passive income or run you business from the mobile office and collect rental income in additional Current expenses have been $81/mo. trash (Republic), Service Electric $93.72 (internet for mobile office and security cameras), PP L electric $45/mo. for mobile office and internet security cameras. Price includes all improvements, survey and mobile office. Note: Plus additional Light Industrial property at 6755 Schantz consisting of a house, a TRUCK Garage and shop, and several out buildings adjoining this property could be. available for an additional cost $485K. an additional 30K + sq. ft. and creating possible access to Ruppsvile Rd. Call listing agent for details.
Price History | |
---|---|
11/14/2022 | Listed $498,800 |
2/12/2023 | 21% - $398,800 |
General Features
Sewer | Other |
---|---|
Heating | Baseboard - Electric |
Cooling | Wall Unit |
Utilities | Electric Available,Cable TV Available,Phone Available |
Possession | Immediate |
Roof | Metal |
Zoning | LI |
Security Features | Security System,Surveillance Sys |
Construction Materials | Stone |
Year Built | 2022 |
Electric | 200+ Amp Service |
View | Other |
Topography | level with slight north south slope |
Property SubType | Industrial |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Gross Income | 67200.00 |
OwnerPays | All Utilities,Cable TV,Common Area Maintenance |
Business Type | Cross Dock/Truck Terminal,Parking Lot |
Accessibility | None |
County | LEHIGH |
Net Operating Income | 58466.08 |
New Construction | No |
Property Type | Commercial Sale |
MaintenanceExpense | 5000.00 |
Possible Use | Commercial |
Water Access Y/N | No |
Status | ACTIVE |
Directions | north on Ruppsville Rd. near storage facility and Castillo Cement |
ModificationTimestamp | 2023-11-23T19:32:34 |
City | ALLENTOWN |
Buyer Agent Compensation | 3 |
Disclosures | Other |
Total Units | 1 |
MLS Area | Upper Macungie Twp (12320) |
Lot Size Square Feet | 25671.00 |
Tax Assessed Value | 54000.0 |
Waterfront Y/N | No |
Street Name | RUPPSVILLE |
Tax Annual Amount | 1097.0 |
Electric Expense | 45.00 |
Property Condition | Good |
Trash Expense | 81.00 |
Acceptable Financing | Cash,Conventional |
Vacation Rental Y/N | No |
Days on Market | 534 |
Location Type | Out Parcel |
Standard Status | Active |
Year Built Source | Estimated |
Tax Lot | 001 |
Total Actual Rent | 67200.00 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric |
---|---|
Flooring | Fully Carpeted |
Hot Water | None |
Heating Y/N | Yes |
Central Air Y/N | No |
Exterior Features
Parking Features | Security/Monitored,Private |
---|---|
Lot Features | Cleared,Flag |
Water Source | None |
Inclusions | site improvements,clean up of lot,stone graded,electric service,survey,security cameras and internet,mobile office,trash,etc. |
Total Parking Spaces | 32 |
Type of Parking | Parking Lot |
Land Use Code | 2404 |
Water View Y/N | No |
Building Area Total | 0.00 |
Lot Dimensions | 106.00 x 256.00 |
Lot Size Acres | 0.59 |
Road Surface Type | Stone |
Lot Size Units | Square Feet |
Lot Size Source | Estimated |
Topography Description | level with slight north south slope |
Land Assessed Value | 54000.00 |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Fencing Y/N | No |
LotDimensionsSource | Assessor |
Car Parking Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool