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1038 N Sherman St 2.1 Acres of Commercial Land in Allentown, PA 18109
INVESTMENT HIGHLIGHTS
- 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.
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 2.10 AC |
| Lot Size | 2.10 AC |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 641729692951-1 | Improvements Assessment | $199,307 CAD |
| Land Assessment | $176,445 CAD | Total Assessment | $375,751 CAD |
PROPERTY TAXES
Parcel Number
641729692951-1
Land Assessment
$176,445 CAD
Improvements Assessment
$199,307 CAD
Total Assessment
$375,751 CAD
CONTACTS
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Austin Shirley -
Nate Hunter -
Joshua Yurasits -
Mark Chubb -
Michael Zerbe -
Summer Coulter -
Jason Webb -
KBC Advisors
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1038 N Sherman St
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