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Property profile & analytics

100 Diamond Ave Hazleton, PA 18201

  • Manufacturing properties
  • 7.62 lot acres
Value Estimation
$5,540,000
Last Sale
Sep 08, 2021
$5,500,000
Location Intelligence
Property ID
US73-4020100
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Manufacturing properties

Property Details for 100 Diamond Ave

Lot size
7.62 lot acres
Property type
Manufacturing properties
APN
71-T8SW21-006-001
APU
71T8SW21006001

Description

This iconic five-story, 550,000-square-foot industrial building, formerly the world's largest silk mill, presents a unique opportunity in Hazleton, PA. Located at 100 E Diamond Ave, this Class B property offers multiple suites ranging from 8,000 to 150,000 contiguous square feet, with 200,000 square feet currently vacant. The building features impressive 14-foot ceiling heights, 20 loading docks, and ample parking for 130 vehicles. Power is supplied by a 400-amp, 120-240-volt, 3-phase system. Elevators are available. The property sits on 7.62 acres of land and is zoned G-1, allowing for light manufacturing, warehousing, and distribution. Its strategic location offers easy access to Interstates 80 and 81, providing seamless connectivity to major East Coast markets, including Scranton, Harrisburg, Lehigh Valley, Philadelphia, and New York City. The building's proximity to three major international airports within a two-hour radius further enhances its logistical advantages. This prime location, combined with competitive rental rates and expenses, makes this a compelling investment opportunity in one of the most affordable industrial markets in the country. The property boasts a rich history and offers modern amenities, making it an ideal space for a variety of industrial uses. The building's substantial floor plates (110,000 sq ft) provide flexibility for large-scale operations.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $5,685,000
  • CAP approach

    CAP return
    Estimation
    6%
    $5,355,000
    6.5%
    $5,710,000
    7%
    $6,020,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,800,000
    Geo Method
    $5,885,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,995,000
    Retail
    $4,235,000
    Mixed-Use
    $5,390,000
    Hospitality
    $5,765,000
    Educational
    $5,420,000
    Residential Income
    $4,745,000
    Energy
    $4,410,000
    Income-Based Land
    $4,945,000
    Food Service
    $5,395,000

Location Insight

  • Map
  • Local Demand
City
Hazleton
County
Luzerne
State
Pennsylvania
Longitude
-75.969
Latitude
40.9599
CBSA code
42540
CBSA name
SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,138
$148,600
$1,669,700
$1,818,300
-
$148,600
$1,669,700
$1,818,300
More about this property
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