Mixed-Use Property with
For Sale
$465,000
N Sekol Avenue, Scranton, PA 18504
Commercial Sale, Ransom Township, PA
Property Size5,390 SF
Lot Size6.43 Acres
Price / SF$86.27
Days on Market138
Property Features for N Sekol Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-1
Zoning description
Residential
Parking
20
Subdivision
Abington Gardens
Elementary school district
Abington Heights
Middle school district
Abington Heights
High school district
Abington Heights
Standard status
Active
APN
13301020008
Size
5,390 SF
Lot size
6.43 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
see deed
Tax Annual Amount
8816
Legal Description
see deed
Building Details
Floors in Building
1
Listing Agency:
Meisse Real Estate
Listed By:
Robert J. Starrett · License #AB062387L
(570) 801-7050
Added: Jun 18
Changed: Oct 8
Last Checked: Nov 2 at 10:06PM
MLS# PM-142294
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property combines a 5,390-square-foot commercial building with a separate duplex on 6.43 acres. The commercial building is currently occupied by a radio station and can continue in office use. Conversion to apartments is identified as a possibility, subject to applicable approvals.
The duplex adds a residential component, with one unit currently leased and the property requiring some improvements. R-1 zoning applies to the parcel. The setting includes valley views and provides a combination of commercial and residential improvements within the same property.
The duplex adds a residential component, with one unit currently leased and the property requiring some improvements. R-1 zoning applies to the parcel. The setting includes valley views and provides a combination of commercial and residential improvements within the same property.
Key Highlights
- 6.43‑acre parcel with valley views
- 5,390‑square‑foot commercial building
- Current radio station occupancy with continued office‑use potential
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,553
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,060
$831.1K
Cap Rate 7%
$593,614
$593.6K
Cap Rate 9%
$461,700
$461.7K
Market Conditions
NOI Build-Up for 5,390 SF
Gross rent
$80.2K $14.88/SF
− Vacancy
−$4.7K −$0.86/SF
EGI
$75.6K $14.02/SF
− OpEx
−$34.0K −$6.31/SF
NOI
$41.6K $7.71/SF
Area
Lackawanna County, PA
Vacancy
5.80%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$831,060
Cap Rate 7%
$593,614
Cap Rate 9%
$461,700
Alternative Uses
Best Use
Office B
$989.5K
$865.8K – $1.15M
NOI $69,265 @ 7.0% cap · market cap 14.90%
Second Best
Mixed Use
$779.6K
$682.2K – $909.6K
NOI $54,574 @ 7.0% cap · market cap 11.74%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $95,766 @ 7.0% cap · market cap 20.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
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Business Placement
Demographics for 18504, PA
21,267
Population
10,017
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,085
Density / Sq Mi
$52,542
Median Household Income
$38,439
Median Earnings
$970
Median Rent
$144,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes an office building and a duplex on a substantial parcel with valley views.
Where is this mixed-use property located?
The property is located at N Sekol Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 6.43‑acre parcel with valley views; 5,390‑square‑foot commercial building; Current radio station occupancy with continued office‑use potential
