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    Rt 435 & Douglas Dr, Unit 2 Covington Township, PA 18424

    For Sale
    $750,000

    LAND - Covington Township, PA

    Lot size:
    8.73 Acres
    Days on Market:
    267
    Last Refresh:
    Dec 8 at 3:06 pm

    Property Features for Rt 435 & Douglas Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    21904020001
    Lot size
    8.73 Acres

    SER Commercial Real Estate, LLC (570) 431-7400

    Listing agent Brian K Coyne

    Listing date Mar 17, 2025

    Copyright © 2025 Pocono Mountains 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.

    Overview

    Covington Township Land For Sale

    This commercial land, totaling 8.73 acres, is located at the signalized hard corner of Routes 435 and 307. Situated in Covington Township, Lackawanna County, Pennsylvania, the property is approximately 5 miles from I-380 in either direction. Public sewer is available. The C-2 zoning allows for various potential uses, including convenience stores, fast food establishments, hotels, mini-warehouses, billboards, and restaurants. Apartments are permitted conditionally. Interested parties should verify permitted uses with the Township. An adjacent 5.64 acre corner lot is also available for sale separately.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Covington Township
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.511585
    Latitude
    41.285008

    Nearby Similar for Sale

    • $795,000
      Pending

      Retail Building Near Shoprite Plaza

      6,000 SF retail building across from Shoprite Shopping Plaza.
      922 Drinker Tpke, Covington Township, PA 18444
      View Details

    FAQs

    What type of property is this?
    Commercial land - 8.73+/- acres at signalized corner, Route 435 and 307.
    Where is this commercial land located?
    The property is located at Rt 435 & Douglas Dr, Unit 2 Covington Township, PA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - 8.73+/- acre signalized hard corner location.; - High-traffic intersection of Routes 435 and 307.; - C-2 zoning allows for diverse commercial uses (c-store, fast food, hotel, etc.).
    (570) 431-7400
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    Rt 435 & Douglas Dr, Unit 2 Covington Township, PA 18424
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    Realmo Value Estimation

    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.

    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.

    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
    Rt 435 & Douglas Dr, Unit 2 Covington Township, PA 18424
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