Property profile

0 Hospital St Blakely, PA 18452

OFF-MARKET
Land
53.35 ac lot
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Property summary

AI-generated overview

This exceptional 53.35-acre parcel in Blakely, Pennsylvania, presents a unique opportunity for residential development. Zoned R-1 Residential-Single Family Residential, this land is approved for single-family home construction. Its strategic location offers unparalleled convenience, situated near excellent schools, abundant shopping options, and a variety of employment opportunities. Blakely enjoys a central position within Lackawanna County, benefiting from proximity to three major north-south traffic arteries. US Route 6, to the west, provides access to a regional mall, big-box stores, retail outlets, grocery stores, restaurants, and movie theaters. Main Street, running through the heart of the county, connects Scranton and Carbondale, offering convenient access to neighborhood amenities and services. Pedestrian-friendly sidewalks connect to local parks and downtown areas. US Route 6 (Casey Highway), located east of the property, runs east-west, intersecting I-81, 380, and 84 at Dunmore. This route extends to New York and New England to the east and Chicago to the west. The area between Dunmore and Carbondale is experiencing significant growth as an industrial corridor, creating a diverse job market. This location provides easy access to employment, education, retail, medical services, parks, recreation, and community services. The property is located at Hospital St, Blakely, PA 18452. The asking price is $875,000.

Property profile

Verified
Property type Land
Lot 53.35 ac (2,323,926 SF)

Cap rate & NOI

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

Location

Hospital St Blakely, PA 18452
Blakely metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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