Property profile

0 Grove St Nanticoke, PA 18634

OFF-MARKET
Land
16.62 ac lot
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Property summary

AI-generated overview

This exceptional 16.62-acre commercial land parcel presents a unique investment opportunity in Nanticoke, Pennsylvania. Located at the end of East Grove Street in Hanover Township, this property consists of six parcels – five smaller and one larger – all zoned M-U (Mixed Use), offering considerable development flexibility. The land is currently vacant and wooded, providing a blank canvas for a variety of commercial ventures. Its strategic location offers proximity to both residential areas and industrial zones. Nearby points of interest include Greater Nanticoke High School and Luzerne County Community College, ensuring a strong potential customer base. The property's location at the edge of Hanover Township places it near existing industrial buildings, suggesting potential synergy for related businesses. Public utilities are conveniently located nearby, simplifying infrastructure development. The property's APN is J7SE2VARVAR-25. The asking price for this expansive tract is $222,270. This represents a significant opportunity for developers and investors seeking a substantial land holding in a growing area of Luzerne County. The property's mixed-use zoning allows for a wide range of potential uses, making it an attractive proposition for various commercial projects. Serious inquiries are encouraged to explore the possibilities of this prime commercial land.

Property profile

Verified
Property type Land
Lot 16.62 ac (723,967 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Grove St Nanticoke, PA 18634
Nanticoke metro
Google Maps

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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