Building Details

Building Size 760 SF

Year Built 1900

Buildings 1

Listing Agency: Mericle Commercial Real Estate

Listed By: Albert A Guari · License #AB065633 Show Phone

Source: Luxehomesnepa

Added: Oct 7 Changed: Oct 10 Last Checked: Oct 13 at 2:45AM

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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 Mericle Commercial Real Estate

Investment Insights

Based on property information with market context.

This medical office property at 314 Rushbrook Street in Jermyn has a former dental-office configuration, with reception space, two exam rooms, two offices, a small lab area, and one restroom. A full basement is accessible from inside the building. The structure dates to 1900 and is in an R-2 zoned district.

Key Highlights

• Former dental‑office layout with reception, two exam rooms, two offices, a small lab area, and 1 restroom
• Full basement with interior access
• Located in an R‑2 zoned district

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$9,766

Cap Rate

6.98%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$195,320 $195.3K

Cap Rate 7%

$139,514 $139.5K

Cap Rate 9%

$108,511 $108.5K

Market Conditions

NOI Build-Up for 760 SF

Gross rent

$15.2K $20.04/SF

− Vacancy

−$2.2K −$2.91/SF

EGI

$13.0K $17.13/SF

− OpEx

−$3.3K −$4.28/SF

NOI

$9.8K $12.85/SF

Area

Lackawanna County, PA

Vacancy

14.50%

Lease Rate

$20.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$195,320

Cap Rate 7%

$139,514

Cap Rate 9%

$108,511

Alternative Uses

Best Use

Office B

$139.5K

$122.1K – $162.8K (±1% cap)

NOI $9,766 @ 7.0% cap · market cap 6.98%

Second Best

Healthcare Medical

$128.0K

$112.0K – $149.4K (±1% cap)

NOI $8,962 @ 7.0% cap · market cap 6.40%

Theoretical Best

Office A

$192.9K

$168.8K – $225.1K (±1% cap)

NOI $13,503 @ 7.0% cap · market cap 9.65%

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

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Plumbing Service Pharmacy Furniture & Home Goods

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

Location Intelligence

Trade Area within ½ mile

237

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 18433, PA

6,416

Population

3,390

Households

1.9

Avg Household Size

45

Median Age

31%

College-Educated

96%

High-School Grad

28.8 sq mi

ZIP Area

223

Density / Sq Mi

$76,847

Median Household Income

$57,924

Median Earnings

$929

Median Rent

$201,800

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this medical office space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Medical Office Space - The interior includes reception space, two exam rooms, two offices, a small lab, and one restroom.

Where is this medical office space located?

The property is located at 314 Rushbrook Street Jermyn, PA.

What is the asking price?

The asking price for this property is $140,000.

What are key features of this property?

This property features: Former dental‑office layout with reception, two exam rooms, two offices, a small lab area, and 1 restroom; Full basement with interior access; Located in an R‑2 zoned district