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 Market92
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
(570) 801-7050
Listed By:
Robert J. Starrett · License #AB062387L
(570) 236-3261
Added: Jun 18
Changed: Sep 7
Last Checked: Sep 17 at 6:06PM
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.
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,553
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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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
