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    Pa-93 West Hazleton, PA 18202

    Sponsored
    For Sale
    $1,900,000

    6 Acres, SR 93 Frontage, Commercial Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 6-acre commercial development site in Hazle Township, Pennsylvania, presents a compelling investment opportunity. Located on SR 93, near Laurel Mall, this property boasts 178 feet of road frontage and offers high visibility within a thriving retail corridor. The site comprises two parcels (0.344 acres and approximately 5.75 acres), zoned B-2 (General Commercial), allowing for a variety of uses including retail, and residential development (apartments, townhouses, or condominiums). While a previous subdivision plan exists for the larger parcel, it was never implemented. The land is gently sloped, irregularly shaped, and wooded. Note that the buyer will need to obtain a Highway Occupancy Permit (HOP) from PennDOT. The property benefits from its proximity to key amenities, including the Valmont Industrial Park, Pennsylvania State University, Laurel Mall (with major retailers), various restaurants, hotels, car dealerships, medical facilities (LVHN & Geisinger), and the Hazleton Regional Airport. The area shows significant population growth, fueling both commercial and residential development. This location offers excellent potential for developers seeking a high-traffic site in a rapidly growing area. An additional 83+ acres is available for purchase on Route 93, offering a potential bundled acquisition opportunity. The asking price for this 6-acre parcel is $1,900,000. APN: S7S9004018-26 and p/o S700A048-26.

    Property Features for 0 Pa-93

    General Information

    Property type
    Land
    Lot Size
    261,360 SF

    HighLights

    • $1,900,000 asking price.
    • 6‑acre development site.
    • Zoned B‑2 (General Commercial).
    • Located on PA‑93 in Hazle Township, Luzerne County, PA, near Laurel Mall.
    • Two parcels included (APN: S7S9004018‑26 and p/o S700A048‑26).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    West Hazleton
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -76.0053994
    Latitude
    40.9683589

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    FAQs

    What type of property is this?
    Land - 6 Acres, SR 93 Frontage, Commercial Zoning
    Where is this land located?
    The property is located at Pa-93 West Hazleton, PA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: $1,900,000 asking price.; 6-acre development site.; Zoned B-2 (General Commercial).
    Request Owner's contact information
    Pa-93 West Hazleton, PA 18202
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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
    Pa-93 West Hazleton, PA 18202
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