Building Details

Building Size 5,760 SF

Year Built 1955

Year Renovated 2019

Buildings 1

Construction block and stucco

Listing Agency: REALTY NETWORK GROUP

Listed By: Ann E Cappellini · License #AB045764A Show Phone

Source: Luxehomesnepa

Added: Aug 21 Changed: Oct 1 Last Checked: Oct 15 at 5:50AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY NETWORK GROUP

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Investment Insights

Based on property information with market context.

Built in 1955, this block-and-stucco warehouse contains 5760 SF and sits toward the back of a level, 309' deep lot. The building has ceiling heights ranging from 9' to 12' and does not include an overhead door. Utilities are located at the curb, supporting future site planning and expansion.

The rubber roof was replaced in 2019. A tire business is currently operating at the property, and showings are available by appointment only. The site may accommodate additional retail, office, or warehouse space as expansion plans are evaluated.

Key Highlights

• 5760 SF block‑and‑stucco warehouse built in 1955
• Level lot with 309' of depth and space for expansion
• Ceiling heights range from 9' to 12'

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$33,609

Cap Rate

7.91%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$672,180 $672.2K

Cap Rate 7%

$480,129 $480.1K

Cap Rate 9%

$373,433 $373.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 5,760 SF

Gross rent

$50.9K $8.83/SF

− Vacancy

−$2.8K −$0.49/SF

EGI

$48.0K $8.34/SF

− OpEx

−$14.4K −$2.50/SF

NOI

$33.6K $5.83/SF

Area

Lackawanna County, PA

Vacancy

5.60%

Lease Rate

$8.83 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$672,180

Cap Rate 7%

$480,129

Cap Rate 9%

$373,433

Alternative Uses

Best Use

Retail

$773.3K

$676.6K – $902.2K (±1% cap)

NOI $54,130 @ 7.0% cap · market cap 12.74%

Second Best

Warehouse

$583.0K

$510.1K – $680.2K (±1% cap)

NOI $40,811 @ 7.0% cap · market cap 9.60%

Theoretical Best

Office A

$1.46M

$1.28M – $1.71M (±1% cap)

NOI $102,340 @ 7.0% cap · market cap 24.08%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Dental Office Cafe & Coffee Shop Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft

Clear height

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

374

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 18452, PA

4,950

Population

2,502

Households

2

Avg Household Size

47

Median Age

25%

College-Educated

95%

High-School Grad

1.9 sq mi

ZIP Area

2,605

Density / Sq Mi

$58,526

Median Household Income

$32,234

Median Earnings

$960

Median Rent

$189,200

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Two-Unit Duplex with Updated Systems

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Similar Off Market Nearby

• Nelson StoreSecure — 1418 Main St, Peckville, PA 18452
• Blakely Self Storage — 2822 Scranton Carbondale Hwy, Blakely, PA 18447
• Grand Storage Peckville — 50 Sturges Rd #6, Peckville, PA 18452

Frequently Asked Questions

What type of property is this?

Warehouse - Level commercial property with a block-and-stucco warehouse and expansion capacity for additional retail, office, or warehouse space.

Where is this warehouse located?

The property is located at 1560 Main Street Peckville, PA.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: 5760 SF block‑and‑stucco warehouse built in 1955; Level lot with 309' of depth and space for expansion; Ceiling heights range from 9' to 12'