Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    500 Scranton-Pocono Hwy Covington Township, PA 16917

    • Land
    • 12.00 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 500 Scranton-Pocono Hwy

    Lot size
    12.00 lot acres
    Property type
    Land

    Description

    This exceptional 12+ acre commercial land parcel presents a unique investment opportunity in Covington Township, Pennsylvania. Located at 500 Scranton-Pocono Highway, with convenient access via Winship Road, this property boasts a prime location along a major thoroughfare. The land is zoned C-2, designating it for highway commercial use, opening doors to a wide range of development possibilities. Currently, the parcel will be subdivided from a larger tract, offering flexibility for potential buyers or lessees. The property's Assessed Parcel Numbers (APN) are p/o: 20503010007

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Covington Township
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.5431
    Latitude
    41.3116

    Comparable in this City

    • Value Estimation by Request
      12.00 Acres

      500 Scranton-Pocono Hwy

      Land • 12.00 Acres
      500 Scranton-Pocono Hwy, Covington Township, PA 16917
      View Details
    • Value Estimation by Request
      7.65 Acres

      2517 Williamson Rd

      VACANT COMMERCIAL LAND • 7.65 Acres
      2517 Williamson Rd, Covington, PA 16917-9526
      View Details
    • Value Estimation by Request
      1.06 Acres

      Williamson Rd

      VACANT COMMERCIAL LAND • 1.06 Acres
      Williamson Rd, Covington, PA 16917
      View Details
    • Value Estimation
      $610,000
      31,804 SF

      1870 Williamson Rd

      COMMERCIAL (GENERAL) • 31,804 SF
      1870 Williamson Rd, Covington, PA 16917
      View Details
    • Value Estimation by Request
      4.70 Acres

      Williamson Rd

      VACANT COMMERCIAL LAND • 4.70 Acres
      Williamson Rd, Covington, PA 16917
      View Details
    • Value Estimation by Request
      0.10 Acres

      Williamson Rd

      COMMERCIAL (GENERAL) • 0.10 Acres
      Williamson Rd, Covington, PA 16917
      View Details

    Similar Nearby for Sale

    • $55,000
      4.54 Acres

      Covington Land with Development Potential

      4.54 acre building lot zoned Light Industrial in Covington, PA.
      2313 Lot 2 Rte, Covington, PA 16917
      View Details
    • Contact for pricing
      0.07 Acres

      Former Post Office with Potential

      Commercial building with potential for business and apartment in Covington.
      11 EAST Hill Rd, Covington, PA 16917
      View Details
    • $185,000
      0.16 Acres

      Income-Producing Multi-Unit Home

      Three-unit income property in Covington, PA, with tenants paying utilities.
      15 EAST Hill Rd, Covington, PA 16917
      View Details
    • $156,900
      1.79 Acres

      Versatile Garage on Spacious Land

      1,600 sq.ft. garage on 1.79 acres, ideal for various uses.
      Packard Rd, Covington, PA 16917
      View Details
    • $445,000
      Pending

      Covington Commercial Property on High-Traffic Road

      Commercial property with retail space, warehouse, and high visibility.
      2346 N Williamson Rd, Covington, PA 16917
      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.
    500 Scranton-Pocono Hwy
    Covington Township, PA 16917
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.