2390 Pa-848 New Milford, PA 18834
This exceptional 3,000-square-foot warehouse, situated on a sprawling 22-acre lot in New Milford, Pennsylvania, presents a unique owner-user opportunity. Located conveniently off Exit 219 of I-81, this single-story, 2009-built structure boasts a 16-foot ceiling height, perfect for various industrial uses. The property includes a 14' x 12' drive-in door, providing easy access for loading and unloading. Ample parking is available with 50 spaces. Approximately 612 square feet of the building is dedicated to a foyer and restroom area, equipped with central air conditioning. The property's zoning is unlisted. While the building previously served as the Lackawanna College School of Petroleum and Natural Gas, it is currently vacant and ready for immediate occupancy. Please note that a document outlining wetland limitations on the lot size is available upon request. The asking price is $1,200,000, translating to $400 per square foot. The property's APN is 129.00-1,032.02,000. The substantial acreage offers significant potential for future development.
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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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.