Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 13 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 7.62 ac
- APN
- 71-T8SW21-006-001
- Assessed value · 2024
- $1,818,300
- Annual tax · 2023
- $46,138
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $46,138
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Alternative use
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