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Property profile & analytics
OFF-MARKET
Commercial real estate
119 Jefferson Ave Scranton, PA 18503
Entity Owned
Property ID
US73-2877283
Property summary
AI-generated overview
This exceptional 3,800 square foot restaurant building, located at 119 Jefferson Avenue in Scranton, Pennsylvania, is available for $1,200,000. Built in 2017, this single-story, owner-user investment opportunity sits on a 0.36-acre lot and boasts a highly desirable C-03 zoning designation. The property is currently vacant, presenting a unique chance for a new restaurant concept or a relocation for an existing establishment. A key advantage is its prime downtown Scranton location, offering outstanding visibility and ample parking – a rare find in this area. The sale includes the building only
Property profile
Verified
Property type
Commercial real estate
Year built
2017
Total area
3,800 SF
Lot
0.36 ac (15,682 SF)
UPID
US73-2877283
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
-
The Railyard Restaurant & Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cjbp Hospitality LLC
Cjbp Hospitality LLC
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Scranton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Scranton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Comparables
1 recent transactions · within 1.5 miComparable in this city
1 recent transactions
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Status
Off-Market
Year built
2017
Total area
3,800 SF
Lot
0.36 ac (15,682 SF)
UPID
US73-2877283
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2017
Lot
0.36 ac
Current owner
From public records · entity-resolved
Cjbp Hospitality LLC
Entity
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2025
$1,035,000
Cjbp Hospitality LLC
Bs Scranton LLC
Deed
$525,000 · The Honesdale National Bank
Nov 10, 2025
—
Cjbp Hospitality LLC
—
Deed
related
$420,000 · The Honesdale National Bank
Feb 24, 2022
—
Bs Scranton LLC
—
Deed
related
$88,048 · Wilmington Savings Fund Society Fsb
Aug 21, 2019
—
Bs Scranton LLC
Bs Scranton LLC
Quitclaim Deed
related
—
Jul 17, 2019
$287,227
Bs Scanton LLC
Pertinacity LLC
Grant Deed
—
May 4, 2018
$330,000
Bs Scranton LLC
Peoples Security Bank & Trt
Deed
—
May 4, 2018
—
Pertinacity LLC
—
Deed
related
$1,082,000 · Beneficial Finance Co
Mar 31, 2017
$1,250,000
Pertinacity LLC
119 Jefferson Associates LLC
Grant Deed
$1,050,000 · Peoples Sec Bk&tr
Mar 31, 2017
—
Peoples Sec Bk & Trust Co
119 Jefferson Associates LLC
Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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