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    Berkshire Hathaway Home Services Preferred Properties

    721 S. State St., Clarks Summit, PA 18411
    (570) 840-0152
    Web Site
    Size: under 10 agents

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    • Commercial Sale
    • Residential Multi Family
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    Listings

    For Sale (28)

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    Income-Producing Triplex in Scranton
    $350,000
    3,100 SF

    Income-Producing Triplex in Scranton

    Well-maintained 3-unit property in the Hills section of Scranton.

    846 Monroe Ave, Scranton, PA 18510
    View details
    Vacant Land in Gated Community
    Contact for pricing
    0.33 Acres

    Vacant Land in Gated Community

    Vacant land in Drums, PA, build your dream home!

    Edge Rock Dr, Drums, PA 18222
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    Vacant Land in Gated Community
    Contact for pricing
    0.27 Acres

    Vacant Land in Gated Community

    Prime vacant lot in Drums, PA, build your dream home.

    Edge Rock Dr, Drums, PA 18222
    View details
    Spacious Two-Unit Home with Potential
    $224,900
    2,800 SF

    Spacious Two-Unit Home with Potential

    Large 2-unit home with updates, ready for finishing touches.

    785 W Main St, Plymouth, PA 18651
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    Income-Producing Property with Development Potential
    $118,000
    2,432 SF

    Income-Producing Property with Development Potential

    Single-family home convertible to multi-family for income generation.

    536 Old Route 11, New Milford, PA 18834
    View details
    Residential Land in Throop, PA
    $150,000
    3.77 Acres

    Residential Land in Throop, PA

    3.77 acres of wooded residential land for sale.

    Woodlawn St, Throop, PA 18512
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    Wooded Lot in Gated Community
    Contact for pricing
    0.49 Acres

    Wooded Lot in Gated Community

    Wooded lot in Indian Mountain Lake community with amenities.

    35 Foothill Rd, Albrightsville, PA 18210
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    Susquehanna Riverfront Land Opportunity
    $42,000
    2.28 Acres

    Susquehanna Riverfront Land Opportunity

    2.28 acres on the Susquehanna River ready for development.

    328 River St, Susquehanna, PA 18847
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    Scranton Multifamily Property For Sale
    $199,000
    2,280 SF

    Scranton Multifamily Property For Sale

    Multifamily property in Scranton, PA, with bankruptcy approval pending.

    409 Prospect Ave, Scranton, PA 18505
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    Prime Commercial Space in Scranton
    $389,000
    3,288 SF

    Prime Commercial Space in Scranton

    Highway Commercial District property with built-in income potential.

    381 N 9Th Ave, Scranton, PA 18504
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    Wooded Residential Parcel in Gouldsboro
    Contact for pricing
    0.54 Acres

    Wooded Residential Parcel in Gouldsboro

    0.54-acre residential parcel in a quiet, wooded Gouldsboro community.

    S Lehigh River Dr, Gouldsboro, PA 18424
    View details
    Four Units Plus Garage Scranton
    $470,000
    3,719 SF

    Four Units Plus Garage Scranton

    Four units and a garage on the same lot.

    1142 Academy St, Scranton, PA 18504
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    Roaring Brook Twp Land Parcel
    $45,000
    2.90 Acres

    Roaring Brook Twp Land Parcel

    2.9 acres in Roaring Brook Estates community.

    Roaring Brk, Roaring Brook Twp, PA 18444
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    Recreational Land in Wysox, PA
    $72,000
    2.99 Acres

    Recreational Land in Wysox, PA

    Recreational retreat with utilities, pole barn, and creek access.

    1127 River Rd, Wysox, PA 18854
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    18 Acres with Lake Rights
    $210,000
    18.08 Acres

    18 Acres with Lake Rights

    18-acre property with lake rights near Acre Lake.

    956 Russell Rd, Kingsley, PA 18826
    View details
    Vacant Land in Gated Community
    Contact for pricing
    0.27 Acres

    Vacant Land in Gated Community

    Prime vacant lot for building a custom dream home.

    Edge Rock Dr, Drums, PA 18222
    View details
    Scranton Multifamily Investment Opportunity
    $249,000
    2,950 SF

    Scranton Multifamily Investment Opportunity

    Multifamily property in Scranton, PA, ideal for investment.

    1250 S 6Th St, Scranton, PA 18504
    View details
    Land with Income Potential
    $135,000
    1.62 Acres

    Land with Income Potential

    1.62-acre lot with two trailers, income potential.

    18254 State Rte 3023, Nicholson, PA 18446
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    Vacant Land in Gated Community
    Contact for pricing
    0.27 Acres

    Vacant Land in Gated Community

    Vacant land in Drums, PA, perfect for building a dream home.

    10 Edge Rock Dr, Drums, PA 18222
    View details
    Residential Lot in Clifford Twp
    $52,000
    0.75 Acres

    Residential Lot in Clifford Twp

    Vacant lot ready for a custom dream home.

    Elkview Dr, Clifford Twp, PA 18421
    View details
    Prime Land in Growing Location
    $199,000
    2.00 Acres

    Prime Land in Growing Location

    Two-acre landholding in a sought-after location with development potential.

    Hickory St, Archbald, PA 18403
    View details
    Mocanaqua Multifamily Newly Renovated Units
    $365,000
    3,000 SF

    Mocanaqua Multifamily Newly Renovated Units

    Newly renovated multifamily property with three units ready for occupancy.

    23-25 Pond Hill Rd, Mocanaqua, PA 18655
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    Scranton Multifamily Property For Sale
    $199,000
    2,320 SF

    Scranton Multifamily Property For Sale

    Multifamily property in Scranton, PA, totaling 2,320 square feet.

    1830 Pittston Ave, Scranton, PA 18505
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    Throop Duplex: Investment Opportunity
    $184,000
    1,850 SF

    Throop Duplex: Investment Opportunity

    Up-and-down duplex in Throop with investment and owner-occupant potential.

    116 Dunmore St, Throop, PA 18512
    View details
    Scranton Multifamily Property For Sale
    $379,000
    3,440 SF

    Scranton Multifamily Property For Sale

    Multifamily property in Scranton, PA, totaling 3,440 square feet.

    2089 N Main Ave, Scranton, PA 18508
    View details
    Taylor PA Duplex For Sale
    $259,000
    2,296 SF

    Taylor PA Duplex For Sale

    Side-by-side duplex in Taylor, PA with separate utilities.

    422-424 W Taylor St, Taylor, PA 18517
    View details
    Mixed-Use Building on Main Street
    $337,000
    3,350 SF

    Mixed-Use Building on Main Street

    Three-unit mixed-use building with commercial space and residential units.

    601-603 W Main St, Plymouth, PA 18651
    View details
    Land Lot on N Main
    Contact for pricing

    Land Lot on N Main

    Prime land lot in high-demand Scranton area.

    2700 N Main Ave, Scranton, PA 18508
    View details

    For Lease (1)

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    Retail Space in Forest City
    $975 / Mo
    1,177 SF

    Retail Space in Forest City

    Retail space available for rent in Forest City, Pennsylvania.

    500 Main St S, Forest City, PA 18421
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Berkshire Hathaway Home Services Preferred Properties
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