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Industrial Building on 20 Acres
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2390 PA-848, New Milford, PA 18834

3,000 SF industrial building with development potential near I-81.

Property Size3,000 SF
Lot Size20.68 Acres
Price / SF$400
Days on Market1015

Property Features for 2390 PA-848

General Information

Standard status Active
Size 3,000 SF
Total Parking Spaces 50
Lot size 20.68 Acres
Property subtype Industrial
Zoning No Zoning
Investment Type Owner/User

Building Details

Year Built 2009
Buildings 1
Stories 1
Listing Agency: Mericle Commercial Real Estate Services
Listed By: Albert Guari · License #PA AB065633
Source: Crexi
Added: Nov 20, 2023 Changed: Aug 27 Last Checked: Aug 31 at 12:41AM

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 Mericle Commercial Real Estate Services

Investment Insights

Based on property information with market context.

The property features a 3,000 SF commercial building situated on 20.681 acres. The building, formerly Lackawanna College School of Petroleum and Natural Gas, is located just off Exit 219 of I-81. It includes 16 ft. ceiling heights and one 14'x12' drive-in door. Approximately 612 SF is dedicated to a foyer and restroom area with central air conditioning. The site offers a large parking area and excess acreage that may be suitable for potential development. Note that there are limitations on lot size due to wetlands.

Key Highlights

  • 20.681+\/- acres of land provides ample space for development.
  • Conveniently located just off Exit 219 of I‑81, offering excellent accessibility.
  • 3,000 SF+\/- commercial building suitable for various business purposes.**

Property Analytics

Current Use

Industrial properties

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 18834, PA

3,349
Population
1,999
Households
1.7
Avg Household Size
50
Median Age
13%
College-Educated
92%
High-School Grad
65.4 sq mi
ZIP Area
51
Density / Sq Mi
$69,000
Median Household Income
$37,775
Median Earnings
$970
Median Rent
$202,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - 3,000 SF industrial building with development potential near I-81.
Where is this industrial property located?
The property is located at 2390 PA-848 New Milford, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 20.681+\/- acres of land provides ample space for development.; Conveniently located just off Exit 219 of I‑81, offering excellent accessibility.; 3,000 SF+\/- commercial building suitable for various business purposes.**
(570) 823-1100 Call to check price and availability
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