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Property profile & analytics
OFF-MARKET
Land

1258 Pa-315 Wilkes-Barre, PA 18702

1.29 ac lot
Property ID
Property summary
AI-generated overview

Two exceptional commercial land parcels are available for purchase in Wilkes-Barre, Pennsylvania, totaling 1.29 and 2.72 acres respectively. Strategically located off Route 315, this property enjoys high visibility and convenient access, situated near a newly constructed Wawa and below the Mohegan Sun Casino & Resort. A planned traffic light on East Main Street will further enhance accessibility to this development. The property is zoned B-3 within Plains Township, permitting a variety of commercial, medical, and light industrial uses. Significant groundwork has already been completed, including a signalized intersection, a completed Highway Occupancy Permit (HOP), and an NPDES permit (amendment required per lot). Public sanitary sewer connection points, public water, and dry utilities are all in place, streamlining the development process. This presents a unique opportunity for businesses seeking a prime location with excellent infrastructure and immediate access to a high-traffic area. The parcels offer significant potential for a variety of commercial ventures, capitalizing on the proximity to established businesses and a large consumer base. The seller will provide comprehensive deliverables, ensuring a smooth and efficient transition for the new owner. This is a rare opportunity to acquire well-positioned commercial land in a thriving area.

Property profile
Verified
Property type Land
Lot 1.29 ac (56,192 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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