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    1048 Pa-93 Drums, PA 18222

    For Sale
    $1,200,000

    High-traffic 3.69-acre site, 1200 sq ft building.

    Property size:
    1,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 3.69-acre commercial property in Drums, PA, presents a remarkable investment opportunity. Located at 1048 Pa-93, this high-traffic site boasts over 13,000 ADT, placing it in close proximity to major roadways for optimal visibility and accessibility. Just 0.4 miles from Route 80 and adjacent to a Motel 6, the property benefits from significant existing traffic flow and high potential for customer reach. The existing 1200 square foot building previously served as a gas station, auto repair shop, and convenience store, offering versatile options for redevelopment or repurposing. The property's zoning allows for a variety of commercial uses, making it ideal for a restaurant, convenience store, or other commercial ventures. The site is serviced by public sewer and features an on-site well, simplifying utility connections. The seller is open to considering all offers, making this a compelling opportunity for investors and developers seeking a prime location with significant development potential. The expansive 3.69-acre lot provides ample space for expansion or the construction of new facilities. Don't miss this chance to acquire a highly visible and strategically located commercial property in a thriving area.

    Property Features for 1048 Pa-93

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,200 SF
    Lot Size
    160,736 SF

    Building Details

    Year Built
    1902
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Drums
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -76.07937
    Latitude
    41.0227

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic 3.69-acre site, 1200 sq ft building.
    Where is this commercial real estate located?
    The property is located at 1048 Pa-93 Drums, PA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (570) 203-2988
    Request Owner's contact information
    1048 Pa-93 Drums, PA 18222
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    Drums, PA 18222
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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
    1048 Pa-93 Drums, PA 18222
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