Built-Out Office
For Sale
Contact for pricing
940 Scranton Carbondale Highway, Archbald, PA 18403
Office property with completed interior improvements for professional business use.
Property Size10,500 SF
Price / SF$276.19
Days on Market77
Property Features for 940 Scranton Carbondale Highway
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Office
Listing Agency:
ERA One Source Realty
Listed By:
Sunita Arora · License #RM061605A
(570) 510-5840
Source:
Crexi
Added: Aug 10
Changed: Oct 16
Last Checked: Oct 24 at 3:33PM
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 ERA One Source Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building offers 10,500 square feet of completed interior office improvements. The property is located at 940 Scranton Carbondale Highway in Archbald, Pennsylvania, providing a dedicated setting for office operations.
Key Highlights
- 10,500 SF office building
- Completed interior office build‑out
- Located at 940 Scranton Carbondale Highway in Archbald, PA 18403
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,932
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,698,640
$2.7M
Cap Rate 7%
$1,927,600
$1.9M
Cap Rate 9%
$1,499,244
$1.5M
Market Conditions
NOI Build-Up for 10,500 SF
Gross rent
$210.4K $20.04/SF
− Vacancy
−$30.5K −$2.91/SF
EGI
$179.9K $17.13/SF
− OpEx
−$45.0K −$4.28/SF
NOI
$134.9K $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%
$2,698,640
Cap Rate 7%
$1,927,600
Cap Rate 9%
$1,499,244
Alternative Uses
Best Use
Office B
$1.93M
$1.69M – $2.25M
NOI $134,932 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.67M
$2.33M – $3.11M
NOI $186,557 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Explore this area
Business Placement
Demographics for 18403, PA
7,369
Population
3,108
Households
2.4
Avg Household Size
45
Median Age
33%
College-Educated
92%
High-School Grad
19.2 sq mi
ZIP Area
384
Density / Sq Mi
$76,401
Median Household Income
$42,238
Median Earnings
$940
Median Rent
$212,900
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Office property with completed interior improvements for professional business use.
Where is this office building located?
The property is located at 940 Scranton Carbondale Highway Archbald, PA.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 10,500 SF office building; Completed interior office build‑out; Located at 940 Scranton Carbondale Highway in Archbald, PA 18403
