Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    555 Research Dr Yatesville, PA 18640

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    New 170,500 SF industrial building

    Lot size:
    170,500 SF

    Property Features for 555 Research Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    170,500 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 555 Research Dr, Yatesville, PA 18640 Contact us

    We can help!

    Listing Contact
    Bill Jones
    Bill Jones

    Listing Agency: Mericle Commercial Real Estate Services Listing Agent: Bill Jones

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional Class A industrial building, totaling 170,500 square feet, is situated in the CenterPoint Commerce & Trade Park East in Pittston Township, Luzerne County, Pennsylvania. Conveniently located near the intersection of Interstates 81 and 476, this property offers unparalleled access to major transportation arteries. The building, completed in 2024, features a single story with a remarkable 38'2" ceiling height, perfect for various industrial uses. With 25 dock-high doors and 2 drive-in doors, efficient loading and unloading are guaranteed. Ample parking is provided with 247 spaces. The property is divisible, with a minimum leasable space of 85,250 square feet, offering flexibility for businesses of varying sizes. The building boasts up to 4000 amps of power. Located at 555 Research Drive, Yatesville, PA 18640, near Armstrong Road, this property benefits from its proximity to the airport, FedEx, and UPS. This is a LERTA zone, meaning real estate taxes on improvements are 100% abated. The 22.67-acre site offers significant space and potential. The property is classified as Manufacturing, Flex, and Distribution space, making it suitable for a wide range of industrial operations. This is a rare opportunity to secure a brand-new, state-of-the-art industrial facility in a prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Building Supply Kitchen & Bath Showroom Department Store HVAC Service Auto Repair Shop Grocery & Convenience Store Big Box & Wholesale Store Cafe & Coffee Shop Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Yatesville
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.7436315
    Latitude
    41.3002038

    Nearby Similar for Lease

    • Contact for pricing
      182,122 SF

      Class A Industrial Space Available

      702,000 SF Class A industrial building for lease.
      460-480 Research Dr, Yatesville, PA
      View Details
    • $7 SF/Yr
      702,000 SF

      Class A Industrial Space Available

      702,000 SF Manufacturing/Warehouse
      460 Research Dr, Yatesville, PA 18640
      View Details
    • Contact for pricing
      147,000 SF

      Brand New Industrial Flex Space in PA

      147,000 SF, divisible to 73,500 SF
      525 Research Dr, Yatesville, PA 18640
      View Details

    FAQs

    What type of property is this?
    Distribution property - New 170,500 SF industrial building
    Where is this distribution property located?
    The property is located at 555 Research Dr Yatesville, PA.
    What are key features of this property?
    This property features: 22.67-acre site.; 247 on-site parking spaces.; 46 on-site trailer storage spaces with 8' wide concrete dolly pad.
    (570) 823-1100 Call to check price and availability
    Request Owner's contact information
    555 Research Dr Yatesville, PA 18640
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    555 Research Dr
    Yatesville, PA 18640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    555 Research Dr Yatesville, PA 18640
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Bill Jones
    Bill Jones
    Real Estate License ID: RS282138
    (570) 823-1100
    Learn more
    Google sign-in failed. Please try again or use another login method.