0 Pa-93 West Hazleton, PA 18202
This exceptional 6-acre commercial development site in Hazle Township, Pennsylvania, presents a compelling investment opportunity. Located on SR 93, near Laurel Mall, this property boasts 178 feet of road frontage and offers high visibility within a thriving retail corridor. The site comprises two parcels (0.344 acres and approximately 5.75 acres), zoned B-2 (General Commercial), allowing for a variety of uses including retail, and residential development (apartments, townhouses, or condominiums). While a previous subdivision plan exists for the larger parcel, it was never implemented. The land is gently sloped, irregularly shaped, and wooded. Note that the buyer will need to obtain a Highway Occupancy Permit (HOP) from PennDOT. The property benefits from its proximity to key amenities, including the Valmont Industrial Park, Pennsylvania State University, Laurel Mall (with major retailers), various restaurants, hotels, car dealerships, medical facilities (LVHN & Geisinger), and the Hazleton Regional Airport. The area shows significant population growth, fueling both commercial and residential development. This location offers excellent potential for developers seeking a high-traffic site in a rapidly growing area. An additional 83+ acres is available for purchase on Route 93, offering a potential bundled acquisition opportunity. The asking price for this 6-acre parcel is $1,900,000. APN: S7S9004018-26 and p/o S700A048-26.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.