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Property profile & analytics
OFF-MARKET
Land

0 Grimes Industrial Park Pittston, PA 18640

277,100 SF 31.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 31.75-acre industrial land parcel, located in the thriving Grimes Industrial Park in Yatesville, Pennsylvania (zip code 18640), presents a unique investment opportunity. Situated at the high-visibility corner of Commerce Road and Sathers Drive, this property boasts significant frontage on both roads, ensuring excellent exposure. The site is zoned I-1 Industrial and has all necessary approvals secured for the construction of up to 277,100 square feet of new industrial space. All utilities are readily accessible. The property's strategic location offers easy access to Interstate 81 via exit 178 (Navy Way), Pennsylvania Route 315, and the Northeast Extension of the Pennsylvania Turnpike (Route 476). This prime location within Grimes Industrial Park places the property in close proximity to major distribution centers, including a one-million-square-foot TJ Maxx facility, FedEx, Cascade, and US Hydrations, among others. The land is comprised of 6.78 acres in Dupont Borough and 24.949 acres in Pittston Township, offering a contiguous and sizable development opportunity. The asking price for this fully approved, ready-to-build site is $3,950,000. The park's established infrastructure and presence of significant tenants make this an ideal location for new industrial development. This is a rare opportunity to acquire a large, fully permitted industrial site in a high-demand location.

Property profile
Verified
Property type Land
Total area 277,100 SF
Lot 31.75 ac (1,383,030 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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