1002 South Rd, Scranton, PA 18504
This exceptional industrial warehouse property, located at 1002 N South Rd, Scranton, PA 18504, offers 275,000 square feet of space, with 210,000 square feet currently vacant and divisible into units ranging from 10,000 to 210,000 square feet. The single-story, Class B building boasts a 22-foot ceiling height, 27 loading docks, 5 drive-ins, and ample parking for 127 vehicles. Built in 1964 and renovated in 1999, the property sits on approximately 21.36 acres of M-1 zoned land, providing significant expansion potential. Recent infrastructure investments exceeding $1.5 million enhance its capabilities. The property features direct access to Reading & Northern Railroad lines, offering convenient rail transportation. Its strategic location provides easy access to major transportation arteries, including the Central Scranton Expressway (approximately one mile) and Interstate 81 (approximately two miles), placing it within a day's drive of a significant portion of the US and Canadian populations. Wilkes-Barre/Scranton International Airport is a convenient 20-minute drive. The property's robust infrastructure, including 12,470 incoming volts of power, makes it ideal for various industrial uses. Annual property taxes are approximately $1 per square foot, and insurance is approximately $0.29 per square foot. This prime location in Scranton, a thriving distribution hub, offers a turnkey solution for businesses seeking efficient and strategically located warehouse space.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.