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Office and Duplex Property
For Sale
$465,000

N Sekol Avenue, Scranton, PA 18504

COMMERCIAL - Ransom Township, PA

Property Size5,390 SF
Lot Size6.43 Acres
Price / SF$86.27
Days on Market47

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
Added: Jun 18 Changed: Jun 22 Last Checked: Aug 3 at 4:06AM
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.

The property includes a commercial building currently occupied by a radio station and offers continued use as office space. A duplex is also on-site, with one unit currently leased at $650 per month, and the duplex does require some improvements.

Set on 6.43 acres in Ransom Township, the site includes significant acreage for a versatile development-minded use set. The listing notes scenic valley views, and any conversion of the commercial building to apartments would be subject to applicable approvals.

This combination of an operating commercial use and an income-producing duplex makes the property a practical fit for buyers seeking a single parcel with multiple paths forward. Owners may consider maintaining the building for office use while pursuing residential conversion only if and when approvals are obtained, and budgeting for duplex improvements can help align the property with longer-term rental goals.

Key Highlights

  • 6.4‑acre property with scenic valley views and multiple possible uses
  • On‑site commercial building currently occupied by a radio station; could continue as office space
  • Commercial building may be convertible to apartments, subject to applicable approvals

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $80.2k $14.88
− Vacancy −$4.7k −$0.86
EGI $75.6k $14.02
− OpEx −$34.0k −$6.31
NOI $41.6k $7.71
5,390 SF · lease $14.88/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Office B
$989.5K
$865.8K – $1.15M (±1% cap)
NOI $69,265 @ 7.0% cap · market cap 14.90%
Second Best
Multifamily LT 5
$635.0K
$555.6K – $740.8K (±1% cap)
NOI $44,450 @ 7.0% cap · market cap 9.56%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M (±1% cap)
NOI $95,766 @ 7.0% cap · market cap 20.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Lease Details

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Office building and duplex on 6.4 acres offer flexible residential or office conversion options with existing rental income.
Where is this office building 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: 6.4‑acre property with scenic valley views and multiple possible uses; On‑site commercial building currently occupied by a radio station; could continue as office space; Commercial building may be convertible to apartments, subject to applicable approvals
More about this property
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