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Property profile & analytics

101 Carleton Ave Hazleton, PA 18201-7321

  • Warehouses
  • 13.86 lot acres
OFF-MARKET
Value Estimation
$4,370,000
Last Sale
Dec 30, 2020
$4,000,000
Location Intelligence
Property ID
US73-3666106
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

  • Warehouses

Property Details for 101 Carleton Ave

Lot size
13.86 lot acres
Property type
Warehouses
Property subtype
Self storage facilities
APN
71-U8NW42-005-001
APU
71U8NW42005001

Description

This exceptional investment opportunity presents a 185,100-square-foot manufacturing facility located at 101 Carleton Avenue in Hazleton, Pennsylvania, 18201. The property, built in 1925 and extensively renovated between 1999 and 2021, sits on a 13.86-acre lot and is zoned for industrial use under Hazleton Township "1-2" Industrial Zoning, qualifying it as a Federal Opportunity Zone. The single-story building features a 40-foot ceiling height, two loading docks, and two dock-high doors. Currently operating as a pre-cast concrete manufacturing plant, this sale-leaseback opportunity offers a triple net (NNN) lease structure with a strong 9.25% cap rate and a net operating income (NOI) of $1,295,150. The asking price is $14,000,000, translating to a price per square foot of $75.63. The property is owned by Exceler Precast Concrete and offers a single tenancy. This is a rare chance to acquire a high-performing industrial asset with significant upside potential in a desirable location. The property's size, features, and strong financial performance make it an attractive investment for discerning buyers seeking a stable, high-yield return. The sale includes the land and building.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $4,395,000
  • CAP approach

    CAP return
    Estimation
    6%
    $3,740,000
    6.5%
    $4,390,000
    7%
    $4,225,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $4,250,000
    Geo Method
    $4,650,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $4,065,000
    Retail
    $3,360,000
    Mixed-Use
    $3,720,000
    Hospitality
    $3,375,000
    Educational
    $4,215,000
    Residential Income
    $4,600,000
    Energy
    $4,545,000
    Income-Based Land
    $4,420,000
    Food Service
    $4,495,000

Location Insight

  • Map
  • Local Demand
City
Hazleton
County
Luzerne
State
Pennsylvania
Longitude
-75.9778
Latitude
40.9407
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
$101,496
$20,500
$3,979,500
$4,000,000
-
$20,500
$3,979,500
$4,000,000
More about this property
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