Property profile

0 Lincoln Ave Nanticoke, PA 18634

OFF-MARKET
Land
35.64 ac lot
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Property summary

AI-generated overview

This exceptional offering encompasses approximately 35.64 acres of land in Nanticoke, Pennsylvania, conveniently divided into two parcels. The larger parcel, roughly 34.16 acres, is situated off S Hanover Street and Kelfield Drive, nestled amongst established single-family homes. Its proximity to Luzerne County Community College's main campus and the Greater Nanticoke Area schools adds significant appeal. The smaller parcel, approximately 1.48 acres, boasts frontage on Middle Road, providing easy access to major roadways including Routes 29 and 309, as well as Interstate 81. This location benefits from the recent surge in industrial warehousing and ongoing downtown redevelopment initiatives, including streetscaping projects commencing in Spring 2023. The property is zoned R-1 (Residential), presenting a compelling opportunity for residential development. The combined parcels are identified by APN numbers K7NE101AVAR-42 and K7S6005001-42. The asking price for this expansive land holding is $375,000. This represents a significant opportunity for investors and developers seeking to capitalize on the growth and potential of this thriving area. The wooded nature of the land offers a tranquil setting while maintaining excellent accessibility to key transportation routes and community amenities.

Property profile

Verified
Property type Land
Lot 35.64 ac (1,552,478 SF)

Cap rate & NOI

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

Location

Lincoln Ave Nanticoke, PA 18634
Nanticoke metro
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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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