Auto Shop with Included
For Sale
$458,800
27 Green Grove, Scott Twp, PA 18447
Commercial Sale, Scott Twp, PA
Property Size3,700 SF
Lot Size0.50 Acres
Price / SF$124
Days on Market518
Property Features for 27 Green Grove
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Exterior features
Lighting
Lot features
Level
Elementary school district
Lakeland
Middle school district
Lakeland
High school district
Lakeland
Directions
Scranton Carbondale Highway Dickson City North on 6 to Left on Scott Road, follow to Y in road and turn right onto Green Grove Road. Business on left (no sign).
Standard status
Active
APN
0920404001101
Size
3,700 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1952
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Coal
Cooling system
Exhaust Fan (Cooling)
Building Details
Year built
1950
Floors in Building
1
Number of units
1
Flooring type
Concrete
Building materials
Block, Concrete, Steel Siding, Spray Foam Insulation
Roof type
Asphalt
Listing Agency:
ERA One Source Realty · ERA Real Estate
(570) 587-9999
Listed By:
Bonnie Borgna-Kiehart · License #RS293704
(570) 650-4172
Added: Apr 11, 2025
Changed: Sep 8
Last Checked: Sep 10 at 5:06AM
MLS# SC251619
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,700-square-foot auto shop occupies a 0.5-acre parcel at 27 Green Grove in Scott Twp, Pennsylvania. The building dates to 1950 and is constructed with block, concrete, steel siding, and spray foam insulation. Concrete flooring, asphalt roofing, lighting, electric and coal heating, and exhaust-fan cooling are in place. Equipment is included in the sale, and the property is currently used as a body shop.
The site carries C2 zoning and is served by public sewer. Its commercial layout and existing automotive improvements provide a ready physical setting for continued body-shop operations or another use suited to the property’s zoning and configuration.
The site carries C2 zoning and is served by public sewer. Its commercial layout and existing automotive improvements provide a ready physical setting for continued body-shop operations or another use suited to the property’s zoning and configuration.
Key Highlights
- 3,700 square feet of commercial building area
- 0.5‑acre lot in Scott Twp, PA
- Currently used as a body shop
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,771
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$695,420
$695.4K
Cap Rate 7%
$496,729
$496.7K
Cap Rate 9%
$386,344
$386.3K
Market Conditions
NOI Build-Up for 3,700 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$55.5K $15.00/SF
− Vacancy
−$5.8K −$1.58/SF
EGI
$49.7K $13.43/SF
− OpEx
−$14.9K −$4.03/SF
NOI
$34.8K $9.40/SF
Area
Lackawanna County, PA
Vacancy
10.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$695,420
Cap Rate 7%
$496,729
Cap Rate 9%
$386,344
Alternative Uses
Best Use
Retail
$496.7K
$434.6K – $579.5K
NOI $34,771 @ 7.0% cap · market cap 7.58%
Second Best
Industrial
$308.4K
$269.9K – $359.8K
NOI $21,589 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$939.1K
$821.7K – $1.10M
NOI $65,739 @ 7.0% cap · market cap 14.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18447, PA
10,362
Population
4,799
Households
2.2
Avg Household Size
45
Median Age
28%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
521
Density / Sq Mi
$64,276
Median Household Income
$42,470
Median Earnings
$971
Median Rent
$194,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Similar Off Market Nearby
- Borgna's Body Shop LLC — 27 Green Grove Rd, Scott, PA 18447
- Meoni's Auto Services Inc — 27 Hilltop Dr, Olyphant, PA 18447
- Lohr Equipment & Welding — 887 Justus Blvd, Olyphant, PA 18447
Frequently Asked Questions
What type of property is this?
Auto shop - Block-and-concrete auto shop with included equipment, C2 zoning, and public sewer service.
Where is this auto shop located?
The property is located at 27 Green Grove Scott Twp, PA.
What is the asking price?
The asking price for this property is $458,800.
What are key features of this property?
This property features: 3,700 square feet of commercial building area; 0.5‑acre lot in Scott Twp, PA; Currently used as a body shop
