Industrial Warehouse
For Sale
Contact for pricing
30 Lauren Lane, Hazleton, PA 18202
Two-building industrial property offered for sale, totaling approximately 13,104 square feet.
Property Size13,104 SF
Price / SF$95.39
Days on Market57
Property Features for 30 Lauren Lane
General Information
Standard status
Active
Size
13,104 SF
Total Parking Spaces
15
Property subtype
Industrial, Self Storage
Zoning
Industrial
Building Details
Year Built
1980
Buildings
2
Listing Agency:
Lewith & Freeman Real Estate
Listed By:
Greg Barrouk · License #PA RS334115
Source:
Crexi
Added: Jun 29
Changed: Aug 14
Last Checked: Aug 24 at 8:04AM
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 Lewith & Freeman Real Estate
Investment Insights
Based on property information with market context.
This offering consists of two industrial buildings totaling approximately 13,104 square feet (as provided), described as Industrial 13,000 sq ft +/- across the two structures. The property is being presented as a straightforward warehouse-style industrial setup suitable for storage and related uses within an industrial format.
The site is located at 30 Lauren Lane in Lattimer, Pennsylvania (18202). As presented in the available information, the key differentiator is the presence of two separate buildings, which can support operations that benefit from more than one enclosed work or storage space.
For buyers evaluating industrial space or self-storage concepts, the two-building configuration can provide flexibility in how space is utilized across the site. Prospective tenants or operators should review the buildings and layout directly to confirm fit for their specific storage, warehousing, or industrial requirements, including how they plan to allocate space between the two structures.
The site is located at 30 Lauren Lane in Lattimer, Pennsylvania (18202). As presented in the available information, the key differentiator is the presence of two separate buildings, which can support operations that benefit from more than one enclosed work or storage space.
For buyers evaluating industrial space or self-storage concepts, the two-building configuration can provide flexibility in how space is utilized across the site. Prospective tenants or operators should review the buildings and layout directly to confirm fit for their specific storage, warehousing, or industrial requirements, including how they plan to allocate space between the two structures.
Key Highlights
- Two‑building industrial property for sale totaling approximately 13,104 SF
- Industrial 2‑building offering with 13,000 SF +/- reported total
- Year built: 1980
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
$93,370
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
7.47%
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%
$1,867,400
$1.9M
Cap Rate 7%
$1,333,857
$1.3M
Cap Rate 9%
$1,037,444
$1.0M
Market Conditions
NOI Build-Up for 13,104 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
$116.4K $8.88/SF
− Vacancy
−$6.5K −$0.50/SF
EGI
$109.8K $8.38/SF
− OpEx
−$16.5K −$1.26/SF
NOI
$93.4K $7.13/SF
Area
Luzerne County, PA
Vacancy
5.60%
Lease Rate
$8.88 /SF/Yr
Expense Ratio
15.00%
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%
$1,867,400
Cap Rate 7%
$1,333,857
Cap Rate 9%
$1,037,444
Alternative Uses
Best Use
Self Storage
$1.87M
$1.63M – $2.18M
NOI $130,712 @ 7.0% cap · market cap 10.46%
Second Best
Warehouse
$1.33M
$1.17M – $1.56M
NOI $93,370 @ 7.0% cap · market cap 7.47%
Theoretical Best
Office A
$4.15M
$3.63M – $4.84M
NOI $290,594 @ 7.0% cap · market cap 23.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Explore this area
Business Placement
Demographics for 18202, PA
13,894
Population
6,036
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
88%
High-School Grad
35.0 sq mi
ZIP Area
397
Density / Sq Mi
$55,517
Median Household Income
$35,330
Median Earnings
$1,029
Median Rent
$182,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Two-building industrial property offered for sale, totaling approximately 13,104 square feet.
Where is this self storage facility located?
The property is located at 30 Lauren Lane Hazleton, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑building industrial property for sale totaling approximately 13,104 SF; Industrial 2‑building offering with 13,000 SF +/- reported total; Year built: 1980
