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Property profile & analytics
OFF-MARKET
Warehouses

1 Passan Dr Wilkes Barre, PA 18702

8.46 ac lot
Entity Owned Free & Clear
Property ID
US73-3572199
Property summary
AI-generated overview

This single-story, 52,500-square-foot industrial building in Wilkes-Barre, PA, offers a unique opportunity. Located in the Northeast Pennsylvania I-81 corridor, this Class C property boasts 18,750 square feet of immediately available space. Built in 1972 and renovated in 1982, the building features 23'-30' ceiling heights, perfect for various industrial uses. The property includes 20 loading docks and 2 drive-ins, ensuring efficient material handling. Power is supplied by a 400 amp, 3-phase, 120/240-volt system. Situated on 56.88 acres, the property is zoned for industrial use and is conveniently located at 1 Passan Dr, Korn Krest, PA 18702. The building is divided into two suites, offering flexibility for multiple tenants. While elevators are not present, the single-story design facilitates easy access. This prime location within the I-81 corridor provides excellent access to major transportation routes. The property's size and features make it ideal for manufacturing and warehousing operations. This is a rare opportunity to acquire a substantial industrial property in a thriving market.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Lot 8.46 ac (368,518 SF)
APN 36-F11-00A-12A
UPID US73-3572199
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Valley Distribution & Storage Shipping Company Freight Service
  • Taylor Communications Corporate Office
  • CDS Transportation Freight Service Logistics Company
  • KAPPA PRODUCT Warehouse & Storage
  • PODS Moving & Storage Moving Company Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
PASSAN FAMILY
PASSAN FAMILY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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