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    500 Scranton-Pocono Hwy Covington Township, PA 16917

    • Land
    • 12.00 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 500 Scranton-Pocono Hwy

    Lot size
    12.00 lot acres
    Property type
    Land

    Description

    This exceptional 12-acre commercial land parcel presents a unique investment opportunity in Covington Township, Pennsylvania. Located at 500 Scranton-Pocono Highway, the property boasts a highly desirable C-2 (Highway Commercial) zoning designation, ideal for a wide range of commercial ventures. The land is to be subdivided from a larger parcel, offering flexibility for development. The precise tax assessment is to be determined. The property's address is 500 Scranton-Pocono Hwy, Covington Township, Lackawanna County, PA 16917. Its geographical coordinates are latitude 41.31121450747338 and longitude -75.5436553946617. The parcel numbers associated with this land are p/o: 20503010007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington Township
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.5437
    Latitude
    41.3112

    Comparable in this City

    • Value Estimation by Request
      12.00 Acres

      500 Scranton-Pocono Hwy

      Land • 12.00 Acres
      500 Scranton-Pocono Hwy, Covington Township, PA 16917
      View Details
    • Value Estimation by Request
      7.65 Acres

      2517 Williamson Rd

      VACANT COMMERCIAL LAND • 7.65 Acres
      2517 Williamson Rd, Covington, PA 16917-9526
      View Details
    • Value Estimation by Request
      1.06 Acres

      Williamson Rd

      VACANT COMMERCIAL LAND • 1.06 Acres
      Williamson Rd, Covington, PA 16917
      View Details
    • Value Estimation
      $610,000
      31,804 SF

      1870 Williamson Rd

      COMMERCIAL (GENERAL) • 31,804 SF
      1870 Williamson Rd, Covington, PA 16917
      View Details
    • Value Estimation by Request
      4.70 Acres

      Williamson Rd

      VACANT COMMERCIAL LAND • 4.70 Acres
      Williamson Rd, Covington, PA 16917
      View Details
    • Value Estimation by Request
      0.10 Acres

      Williamson Rd

      COMMERCIAL (GENERAL) • 0.10 Acres
      Williamson Rd, Covington, PA 16917
      View Details

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    500 Scranton-Pocono Hwy
    Covington Township, PA 16917
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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
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