5 Butler Dr Drums, PA 18222
- Day care centers
Current Use by Public Records
- Day care centers
Property Details for 5 Butler Dr
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
This exceptional 27-acre mixed-use development opportunity is situated in Drums, Pennsylvania, at the highly visible intersection of Route 309 and Butler Drive, just north of Hazleton. The property, priced at $2,500,000 ($92,593/acre land value), offers a unique chance to capitalize on the growth of Luzerne County. Its strategic location provides excellent visibility and accessibility, benefiting from a significant daily traffic count of 15,919 vehicles at the intersection. The property is zoned to accommodate a variety of uses, making it ideal for a multi-faceted development. Envision a vibrant complex incorporating retail spaces such as a supermarket, fast-food restaurants, and smaller shops, complemented by office space, medical facilities, fitness centers, and potentially even multi-family residential units. The property is available for occupancy starting April 8, 2024. This is a rare chance to acquire a large parcel in a thriving area, poised for significant future growth and offering a diverse range of development possibilities. The property's versatility and prime location make it an attractive investment for developers seeking a high-impact project in a rapidly developing market. The address is 5 W Butler Dr, Drums, PA 18222.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Drums
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.9644
- Latitude
- 41.022
