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Property profile & analytics
OFF-MARKET
Flex space

1212 Scott St Wilkes Barre, PA 18705-3724

4.33 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US73-2958300
Property summary
AI-generated overview

This exceptional multi-tenant property, located at 1212 Scott Street in Wilkes-Barre, Pennsylvania, offers a unique blend of office and warehouse space. The 110,000 square foot building sits on a 4.33-acre lot and boasts a variety of space types, including traditional office, executive office, flex space, and warehouse areas, making it ideal for a diverse range of businesses. Built in 1982, the two-story building features a substantial 14-foot ceiling height, providing ample vertical space. The warehouse component includes 12 dock-high doors for efficient loading and unloading. Currently, there is one 1,200 square foot office space available. The property is zoned LI and its APN is 73-G10SE3-016-001. Its strategic location in Luzerne County offers easy access to major transportation arteries, including the Cross Valley Expressway, I-81 interchange, and I-476 Turnpike NE extension, ensuring convenient commutes and efficient logistics. The building is very well-maintained and has recently undergone updates to the office areas. This property presents a compelling investment opportunity in a thriving location. The zip code is 18705.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Lot 4.33 ac (188,615 SF)
APN 73-G10SE3-016-001
UPID US73-2958300
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
  • Custom Seats Inc. Industrial Manufacturer Production Facility
  • Backspin Seating Industrial Manufacturer Production Facility
  • Grinning Portable Toilets Wilkes Barre Building Supply
  • JDC Dispatch Services Logistics Company Freight Service
  • Dale Associates Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
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by Request
Owner & transaction history
1212 Scott Properties LLC · 11 yrs held
1212 Scott Properties LLC
since 2015
7 recorded transactions
2022
Price N/A
2020
Price N/A
2016
Price N/A
2015
$980,000
2006
$700,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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