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    525 Research Dr Yatesville, PA 18640

    Sponsored
    For Lease
    Contact for pricing

    147,000 SF, divisible to 73,500 SF

    Lot size:
    147,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A industrial flex building, completed in 2024, offers 147,000 square feet of versatile space, divisible to 73,500 square feet, situated on a spacious 21.52-acre lot in Pittston Township, PA. The single-story building boasts a 34'5" ceiling height, 20 dock-high doors, and one drive-in door, ensuring efficient loading and unloading. Ample parking is available with 148 spaces and on-site trailer storage for approximately 58 trailers. The building features a robust infrastructure, including up to 4000 amps of power, a 6" thick reinforced concrete floor, and an ESFR wet pipe sprinkler system. Located in a LERTA zone, the property benefits from a 10-year, 100% abatement on real estate taxes for improvements. Its strategic location near I-81, I-476, the airport, FedEx Ground, and UPS provides unparalleled access to major transportation arteries. The building's design incorporates energy-efficient features such as LED lighting and roof-mounted direct-fire heating units. The property is currently fully vacant and ready for immediate occupancy. Building dimensions are 210' wide by 700' long, with 50' x 50' bay spacing and a 60' deep staging bay. Exterior features include architectural masonry, aluminum/glazing entrance systems, and metal wall panels with insulation. The property offers a combination of modern amenities and strategic location, making it an ideal choice for a variety of industrial and distribution needs.

    Property Features for 525 Research Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    147,000 SF
    Class
    A

    Building Details

    Year Built
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    147,000 SF Industrial/Flex Space in PA
    Size
    147,000 SF

    HighLights

    • 147,000 SF Class A industrial flex building, newly constructed in 2024.
    • Located in Pittston Township, Luzerne County, PA, in the Scranton/Wilkes‑Barre submarket (Greater Pittston cluster).
    • Situated on 21.52 acres near I‑81 and I‑476, with convenient access to FedEx Ground and UPS.
    • Divisible to 73,500 SF minimum; 147,000 SF maximum contiguous space available.
    • Features 34'5" ceiling height, 20 dock‑high doors, 1 drive‑in door, and 148 parking spaces.
    • Power capacity up to 4,000 amps.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Wholesale Shop Auto Repair Shop Clothing Store Auto Parts Store Department Store Grocery Store Cafe & Coffee Shop Smoke and Vape Shop Kid Store Parking Facility

    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

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    Nearby Similar for Lease

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      182,122 SF

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    FAQs

    What type of property is this?
    Distribution property - 147,000 SF, divisible to 73,500 SF
    Where is this distribution property located?
    The property is located at 525 Research Dr Yatesville, PA.
    What are key features of this property?
    This property features: 147,000 SF Class A industrial flex building, newly constructed in 2024.; Located in Pittston Township, Luzerne County, PA, in the Scranton/Wilkes-Barre submarket (Greater Pittston cluster).; Situated on 21.52 acres near I-81 and I-476, with convenient access to FedEx Ground and UPS.
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    525 Research Dr Yatesville, PA 18640
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    Yatesville, PA 18640
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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
    525 Research Dr Yatesville, PA 18640
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