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Property profile & analytics
FOR SALE
Investment properties
1201-1207 Mulberry St, Scranton, PA 18510
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-0470668
For Sale
1 / 66
$5,500,000
1201-1207 Mulberry St, Scranton, PA 18510
View Listing →
Property summary
AI-generated overview
This exceptional business opportunity is priced to sell at $20,000. Located at 1201 Mulberry Street in Scranton, Pennsylvania (zip code 18510), this business-only sale includes the complete business plan, inventory, equipment, and client list. The sale encompasses approximately 1500 square feet of space, divided into 10 rooms. A key asset of this established business is the inclusion of six tanning beds. The new owner will be responsible for obtaining all necessary licenses and permits to operate the business. The business name is also available for transfer to the new owner, should they choose. It's important to note that this sale is for the business only
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Lot
0.07 ac (3,250 SF)
APN
15737020015
UPID
US73-0470668
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
-
408 Quincy In Apartment Building
-
Sunseekers On Mulberry Street Tanning Salon
-
Rising Sun Tanning Salon & Spa and Enhanced Ink Cosmetics Tanning Salon
-
SCRANTON SMOKE CITY ll (Bike/Boat/Book/etc) Store
-
Valdo Tattoo Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.51M
Owner & transaction history
Strawberry Hill Realty LLC · 1 yrs held
Strawberry Hill Realty LLC
since 2024
Last sale
$4.5M
3 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
Method
Estimation
Statistic approach
$4,505,000
ML approach
$4,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.51M
Range $4.05M – $4.96M · ±10% · vs last sale $4.51M (Oct 16 2024)
Last sale anchor
$4.51M
Oct 16 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$56,545
Tax year 2024
Assessed value
$208,500
Assessed 2024
Previous assessed
$208,500
+0.0% YoY
Effective rate
27.12%
On assessed value
Assessed land
$8,500
Assessed improvement
$200,000
Land market value
$8,500
Improvement market value
$200,000
Total market value
$208,500
Applied tax rate
17.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Heating
NONE
Lot
0.07 ac (3,250 SF)
APN
15737020015
UPID
US73-0470668
Jurisdiction
LACKAWANNA
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
Heating
NONE
Lot
0.07 ac
Current owner
From public records · entity-resolved
Strawberry Hill Realty LLC
Entity
Mailing address
18 E OLD STRATFIELD RD, FAIRFIELD, CT 06825-4433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
$4,505,000
Strawberry Hill Realty LLC
Connor Rose Realty INC
Deed
$3,153,500 · Union Savings Bank
May 10, 2022
—
Connor Rose Realty INC
—
Deed
related
$1,187,546 · United Savings Bank
Dec 9, 2016
$2,800,000
Connor Rose Realty INC
408 Quincy INC
Deed
—
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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