Industrial Properties in Allentown, Pennsylvania, offer a unique investment opportunity for those looking to tap into the city's diverse economy. With a strong presence of service, health care, transportation, and warehousing industries, Allentown provides an ideal environment for industrial properties to thrive. These properties can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and research and development spaces. Allentown's strategic location, with access to major highways and Lehigh Valley International Airport, makes it an attractive location for businesses looking to establish a strong logistics and supply chain presence. The city's amenities, including a skilled workforce, affordable cost of living, and proximity to major markets, also make it an attractive location for businesses. Additionally, Allentown is home to several major corporations, including LSI Corporation and Mack Trucks, which can provide opportunities for collaboration and partnership. The city's cultural attractions, such as the Allentown Art Museum and Miller Symphony Hall, also make it an attractive location for businesses looking to establish a strong presence in the region.
With 12 Industrial Properties for sale in Allentown, there are plenty of opportunities to find the right property to suit your investment needs. In addition to Industrial Properties, Allentown also offers a range of other property types, including Warehouses, which can provide a strong presence for businesses looking to establish a logistics and supply chain hub; Land, which can be used for development or redevelopment; Apartment Buildings, which can provide a steady stream of rental income; and Commercial Real Estate, which can offer a range of opportunities for businesses looking to establish a presence in the city. Allentown's unique blend of industrial, cultural, and recreational attractions makes it an attractive location for businesses and investors alike. With its strong economy, skilled workforce, and strategic location, Allentown is an ideal location for those looking to invest in Industrial Properties.
What is the average price per square foot for industrial properties in Allentown?
The average price per square foot for industrial properties in Allentown is $62 USD, with an average size of 43,725 square feet and a largest size of 179,400 square feet available among the 12 listings currently on the market.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Allentown, as proximity to major highways, airports, and public transportation systems can increase property values and attract businesses.
- Industrial properties located near Lehigh Valley International Airport, Interstate 78, and U.S. Route 22, such as those in the West End neighborhood, tend to have higher values due to easy access to regional and national markets.
- Properties with proximity to public transportation systems, like LANta bus services, can also increase property values by providing employees with convenient commuting options.
- In addition, industrial properties situated near major transportation hubs, such as the Norfolk Southern's primary Northeast hump classification yards, can benefit from reduced shipping costs and increased logistical efficiency, further enhancing their value.
