902 N Penn Court, Hazleton, PA 18201
COMMERCIAL - Hazleton, PA
Property Features for 902 N Penn Court
General Information
Taxes and HOA fees
Amenities
Building Details
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Investment Insights
Based on property information with market context.
The property also has front and side lots that can accommodate up to seven cars, and a back lot that can park approximately five or six more. A signpost is located in front.
Zoning is listed as Residential, and the remarks indicate the possibility of pursuing an appropriate zoning variance. The property is offered for sale at 902 N Penn Court, Hazleton, PA 18201.
Key Highlights
- Commercial/multi‑purpose building built in 1970 with various separated work rooms inside
- Former shop includes a 4‑car garage with high ceilings and drive‑through doors
- Front and side lots accommodate up to 7 cars; back lot parks 5 or 6 more
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.2k | $8.76 |
| − Vacancy | −$1.8k | −$0.88 |
| EGI | $16.4k | $7.88 |
| − OpEx | −$4.9k | −$2.37 |
| NOI | $11.5k | $5.52 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 18201, PA
Market
Vacancy Rate% for Retail in Northeast region
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