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    5 Butler Dr Drums, PA 18222

    For Sale
    $2,500,000

    Prime PA Retail Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 27-acre mixed-use development opportunity is situated in Drums, Pennsylvania, at the highly visible intersection of Route 309 and Butler Drive, just north of Hazleton. The property, priced at $2,500,000 ($92,593/acre land value), offers a unique chance to capitalize on the growth of Luzerne County. Its strategic location provides excellent visibility and accessibility, benefiting from a significant daily traffic count of 15,919 vehicles at the intersection. The property is zoned to accommodate a variety of uses, making it ideal for a multi-faceted development. Envision a vibrant complex incorporating retail spaces such as a supermarket, fast-food restaurants, and smaller shops, complemented by office space, medical facilities, fitness centers, and potentially even multi-family residential units. The property is available for occupancy starting April 8, 2024. This is a rare chance to acquire a large parcel in a thriving area, poised for significant future growth and offering a diverse range of development possibilities. The property's versatility and prime location make it an attractive investment for developers seeking a high-impact project in a rapidly developing market. The address is 5 W Butler Dr, Drums, PA 18222.

    Property Features for 5 Butler Dr

    General Information

    Property type
    Day care centers

    HighLights

    • 27‑acre mixed‑use development site in Drums, PA.
    • $2,500,000 asking price ($92,593/acre).
    • High‑visibility location at Route 309 & Butler Drive, near Hazleton, with 15,919 daily vehicle count.
    • Zoned for diverse uses including retail, office, medical, and residential.
    • Available for occupancy April 8, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Drums
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.964374500551
    Latitude
    41.022008696719

    Nearby Comparable

    • Contact for pricing
      2,600 SF

      Prime Commercial Space, Route 309

      High-traffic location, 7 offices, conference room.
      3 Butler Dr, Drums, PA 18222
      View Details
    • $2,500,000

      Land Available For Sale

      Land available for sale at 5 W Butler Dr, Drums, PA.
      5 W Butler Dr, Drums, PA 18222
      View Details

    Nearby Similar for Sale

    • $499,000
      784 SF

      High-Visibility Commercial Land in Drums, PA

      1.75 Acres, Prime Commercial Location, I-80 Access
      33 Old Berwick Hwy, Drums, PA 18222
      View Details
    • $1,200,000
      1,200 SF

      Drums Commercial Property: Prime Location

      High-traffic 3.69-acre site, 1200 sq ft building.
      1048 Pa-93, Drums, PA 18222
      View Details
    • Contact for pricing
      2,600 SF

      Prime Commercial Space, Route 309

      High-traffic location, 7 offices, conference room.
      3 Butler Dr, Drums, PA 18222
      View Details

    FAQs

    What type of property is this?
    Day care center - Prime PA Retail Investment Opportunity
    Where is this day care center located?
    The property is located at 5 Butler Dr Drums, PA.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 27-acre mixed-use development site in Drums, PA.; $2,500,000 asking price ($92,593/acre).; High-visibility location at Route 309 & Butler Drive, near Hazleton, with 15,919 daily vehicle count.
    Request Owner's contact information
    5 Butler Dr Drums, PA 18222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Butler Dr Drums, PA 18222
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