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    1 Kim Ave, Unit 5 Tunkhannock, PA 18657

    Sponsored
    For Lease
    $2,450 /Mo ($1.58 SF/Yr)

    COMMERCIAL - Tunkhannock, PA

    Property size:
    18,625 SF
    Lot size:
    5.04 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 17 at 10:06 am

    Property Features for 1 Kim Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    c2
    APN
    26-072.0-089-01-00-00
    Parking
    20
    Size
    18,625 SF
    Lot size
    5.04 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Baseboard, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1987
    Floors in Building
    1
    Number of units
    11
    Flooring type
    Vinyl
    Building materials
    T1-11
    Roof type
    Wood, Composition

    We can help!

    Listing Contact
    Jeannie Brady

    ERA Brady Associates (570) 836-3848

    Listing agent Jeannie Brady (570) 836-3848

    Listing date Feb 17, 2026

    MLS# SC260592

    Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Tunkhannock Commercial Space Available

    This commercial space in Tunkhannock, PA, offers 1,960 square feet suitable for small businesses or offices. The property features central air conditioning and ample parking. Located in a high-traffic area, the space is positioned for visibility and accessibility. The tenant is responsible for all utilities and interior maintenance. The property is situated on a 5.04-acre lot. The overall property size is 18,625 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Chilson Clinic PC Medical Clinic Davis Insurance Agency Insurance Agency Grimaud Chilson Rebecca ... Pediatrician Sidorek Paul CPA Accounting Firm Davis Insurance Agency, ... Insurance Agency

    Suggested Use

    Restaurant Law Firm Building Supply Auto Repair Shop Hotel & Motel Gym & Fitness Center Storage Facility Bar & Pub Accounting Firm Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tunkhannock
    County
    Wyoming
    State
    Pennsylvania
    Longitude
    -75.97151
    Latitude
    41.579457

    Nearby Similar for Lease

    • New
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      Tunkhannock Commercial Space For Rent

      2,600 SF commercial space ideal for small business.
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    • New
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      18,625 SF

      Tunkhannock Commercial Space For Rent

      1,862 SF commercial space ideal for small business.
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    FAQs

    What type of property is this?
    Office space - 1960 SF commercial space in high-traffic Tunkhannock location.
    Where is this office space located?
    The property is located at 1 Kim Ave, Unit 5 Tunkhannock, PA.
    What is the lease rate?
    The lease rate is $1.58 SF/Yr.
    What are key features of this property?
    This property features: - 1,960 square feet of space suitable for a small business or offices.; - Central air conditioning.; - Ample parking available.
    (570) 690-7754
    Request Owner's contact information
    1 Kim Ave, Unit 5 Tunkhannock, PA 18657
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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
    1 Kim Ave, Unit 5 Tunkhannock, PA 18657
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    We can help!
    Listing Contact
    Jeannie Brady
    Real Estate License ID: RB046678L
    (570) 690-7754 (570) 836-3848
    Learn more
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