Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1004 Lower Demunds Rd Dallas, PA 18612

    View on Map
    Sponsored
    For Sale
    $299,000

    MultiFamily - Dallas, PA

    Property size:
    2,624 SF
    Days on Market:
    2
    Last Refresh:
    Mar 20 at 5:06 am

    Property Features for 1004 Lower Demunds Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-Family
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Bedrooms
    3
    Bathrooms
    2
    APN
    E8S1014009-10
    Parking features
    Off Street
    Patio and Porch features
    Porch
    Interior features
    Drywall
    Exterior features
    Porch
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    2,624 SF

    Utilities

    Heating system
    Baseboard, Hot Water (Heating), Natural Gas
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Angelo Alba

    Jonathan J. Nelson Real Estate (570) 212-9583

    Listing agent Angelo Alba (570) 212-9583 License #RS373485

    Listing date Mar 19, 2026

    MLS# 26-1133 Listing URL

    Copyright © 2026 Luzerne County Association of REALTORS®. 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

    Mixed-Use Property with Income Potential

    This mixed-use property offers an investor opportunity with immediate income potential. The property features a fully functioning nail salon on the first floor and a spacious 3-bedroom apartment on the second floor. The commercial space offers excellent visibility and is set up for continued salon use or other retail, office, or service-based businesses. The residential unit provides comfortable living space. The property is located in Dallas, PA, in Luzerne County. The property size is 2624 square feet and the zoning is Multi-Family.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Dallas
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.942461
    Latitude
    41.329689

    Nearby Similar for Sale

    • $400,000
      2,700 SF

      Award-Winning Restaurant with Owner's Quarters

      Established restaurant and bar with living space in Dallas, PA.
      700 Main Rd, Dallas, PA 18612
      View Details
    • New
      $215,000
      1,595 SF

      Dallas Duplex with Modern Units

      Two modern one-bedroom apartments on 0.78 acres in Dallas.
      1000 Lower Demunds Rd, Dallas, PA 18612
      View Details
    • $249,500
      2,477 SF

      Dallas PA Multi-Unit Investment Property

      Three-unit property in Dallas Township with potential commercial uses.
      680 Main Rd, Dallas, PA 18612
      View Details
    • New
      $215,000
      1,728 SF

      Dallas Duplex with Separate Utilities

      Centrally located duplex in Dallas Township with separate utilities.
      695 Main St, Dallas, PA 18612
      View Details
    • Contact for pricing

      Retail Space in Dallas, PA

      Retail spaces available in high-traffic Dallas, Pennsylvania shopping center.
      2859 Tunkhannock Hwy, Dallas, PA 18612
      View Details
    • $650,000
      2,700 SF

      Dallas Restaurant & Inn - Prime Location

      Award-winning restaurant, ample parking, owner's quarters.
      700 Main Rd, Dallas, PA 18612
      View Details
    • $3,900,000
      7,500 SF

      Historic Dallas Farmstead - 49 Acres

      Premier estate, multiple buildings, solar power.
      188 Henryk Ln, Dallas, PA 18612
      View Details
    • Contact for pricing
      10,640 SF

      New Dollar General NNN Lease

      New construction Dollar General with long-term absolute NNN lease.
      3271 Pa-118, Dallas, PA
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property featuring a salon and a 3-bedroom apartment.
    Where is this mixed-use property located?
    The property is located at 1004 Lower Demunds Rd Dallas, PA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Immediate income potential from existing nail salon.; - Mixed-use property with commercial and residential units.; - Spacious 3-bedroom apartment.
    (570) 905-7828
    Request Owner's contact information
    1004 Lower Demunds Rd Dallas, PA 18612
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1004 Lower Demunds Rd
    Dallas, PA 18612
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1004 Lower Demunds Rd Dallas, PA 18612
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Angelo Alba
    Real Estate License ID: RS373485
    (570) 905-7828 (570) 212-9583
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!