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1038 N Sherman St Lot • Terrain commercial • 2,1 Acres • Allentown, PA 18109
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FAITS SAILLANTS DE 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 DE L'ANNONCE
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.
FAITS SUR LA PROPRIÉTÉ
| Type de vente | Investissement | Utilisation proposée | |
| Nombre de lots | 1 | Taille totale du lot | 2,10 AC |
| Type de propriété | Terrain | Nombre d’étages | 1 |
| Sous-type de propriété | Terrain commercial | ||
| Zonage | B3 | ||
| Type de vente | Investissement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Terrain commercial |
| Utilisation proposée | |
| Taille totale du lot | 2,10 AC |
| Nombre d’étages | 1 |
| Zonage | B3 |
1 LOT DISPONIBLE
Lot
| Taille du lot | 2,10 AC |
| Taille du lot | 2,10 AC |
1 1
Walk Score®
Très pratique à pied (72)
Impôts fonciers
| Numéro de lot | 641729692951-1 | Évaluation des bâtiments | 198 728 $ CAD |
| Évaluation du terrain | 175 933 $ CAD | Évaluation totale | 374 661 $ CAD |
Impôts fonciers
Numéro de lot
641729692951-1
Évaluation du terrain
175 933 $ CAD
Évaluation des bâtiments
198 728 $ CAD
Évaluation totale
374 661 $ 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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