Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1008-1010 Main St Dickson City, PA 18519
    Back to Search
    Property profile & analytics

    1008-1010 Main St, Dickson City, PA 18519

    View on Map
    • Specialty properties
    • 4,394 SF
    • 0.29 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 1008-1010 Main St

    Lot size
    0.29 lot acres
    Property type
    Specialty properties
    Property subtype
    Land

    Description

    This exceptional commercial land parcel, located at 1008-1010 Main Street in Dickson City, Pennsylvania, presents a unique investment opportunity. Spanning 0.29 acres, this 4,394 square foot lot boasts a highly visible corner location at the intersection of Main Street and Eagle Lane, easily accessible from Interstate 81's Dickson City exit. The property's strategic placement ensures high traffic visibility, making it ideal for a variety of commercial ventures. Currently configured as a multi-family property with five occupied units, each with current written leases, this property offers immediate income potential. The existing structure features updated units and a convenient coin-operated laundry facility for tenants. Ample off-street parking is available on the large corner lot. All information provided is approximate and should be independently verified. This property is priced at $324,900 and represents a compelling opportunity for investors seeking a strong return in a desirable Pennsylvania location. The zip code is 18519, and the property is situated in Lackawanna County. The latitude and longitude coordinates are 41.4638636 and -75.6192158 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dickson City
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6192
    Latitude
    41.4639

    Comparable in this City

    • Value Estimation by Request
      17.00 Acres

      6 Scranton Carbondale Hwy

      Land
      6 Scranton Carbondale Hwy, Scranton, PA 18519
      View Details
    • Value Estimation by Request
      0.48 Acres

      225 Main St

      Land
      225 Main St, Dickson City, PA 18519
      View Details
    • Value Estimation by Request
      0.17 Acres

      354 Main St

      OFFICE BUILDING
      354 Main St, Dickson City, PA 18519-1620
      View Details
    • Value Estimation by Request
      5,650 SF

      1152 Commerce Blvd

      Lifestyle centers
      1152 Commerce Blvd, Dickson City, PA 18519
      View Details
    • Value Estimation by Request
      1.48 Acres

      Viewmont Dr

      OFFICE BUILDING
      Viewmont Dr, Dickson City, PA 18519
      View Details
    • Value Estimation by Request
      0.05 Acres

      821 Blvd Ave

      OFFICE BUILDING
      821 Blvd Ave, Dickson City, PA 18519
      View Details

    Similar Nearby for Sale

    • $1,400,000
      1.69 Acres

      Dickson City Multi-Family Compound

      Three homes, garages, pool, and subdividable land on 1.69 acres.
      413-417 Main Ave, Dickson City, PA 18519
      View Details
    • $48,000
      0.51 Acres

      Residential Land Near Scranton

      Residential land with utilities, close to shopping and highways.
      6 Rachel Rd, Scranton, PA 18519
      View Details
    • $48,000
      0.62 Acres

      Residential Land Near Scranton

      Private development land close to shopping, interstates, and turnpike.
      1 Rachel Rd, Scranton, PA 18519
      View Details
    • $349,900
      2,280 SF

      Renovated Triplex Investment Opportunity

      Turnkey Dickson City triplex with strong rental potential.
      1166 Breaker St, Dickson City, PA 18519
      View Details
    • $750,000
      3,600 SF

      Thriving Vape Shop on Highway

      Full-service vape shop with high traffic location and parking.
      816 Scranton Carbondale Hwy, Scranton, PA 18519
      View Details

    Similar Nearby for Lease

    • $1,100 /Mo
      1,000 SF

      Dickson City Commercial Space Available

      First floor office space in high-traffic Dickson City location.
      814 Main St, Dickson City, PA 18519
      View Details
    • Contact for pricing
      10,000 SF

      Viewmont Mall Outparcel Retail Opportunity

      Prime retail space at the crossroads of five interstate highways.
      100 Viewmont Mall, Dickson City, PA 18519
      View Details
    • Contact for pricing
      22,300 SF

      Dickson City Warehouse Space

      22,300 SF warehouse space available for rent.
      347 Main St, Dickson City, PA 18519
      View Details
    • Contact for pricing

      Giant Anchored Shopping Center Space

      Retail space available in Dickson City shopping center.
      1550 Main St, Dickson City, PA 18519
      View Details
    • $2,450 /Mo
      3,000 SF

      Dickson City Retail Space Available

      Prime retail space in high-traffic Dickson City location.
      2250 Scranton Carbondale Hwy, Dickson City, PA 18519
      View Details
    • Contact for pricing

      Prime Retail Space Available

      5,650 SF space with high visibility and traffic.
      832 Scranton Carbondale Hwy, Dickson City, PA 18519
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1008-1010 Main St
    Dickson City, PA 18519
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1008-1010 Main St, Dickson City, PA, 18519
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!