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Property profile

1729 Cedar Ave Scranton, PA 18505

OFF-MARKET
Investment properties
Property ID
US73-2662494
View Sample
0.17 ac lot
Individually Owned 2-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional mixed-use property at 1729 Cedar Avenue in Scranton, Pennsylvania presents a unique investment opportunity. Boasting a substantial 2,700 square feet of space situated on a 0.17-acre lot, this property is brimming with potential for the discerning investor or visionary entrepreneur. Currently requiring renovation, this "handyman special" offers a blank canvas for creative redevelopment. The existing structure presents a solid foundation for a variety of uses, allowing for the creation of a truly customized space. Ample parking is available on-site, adding to the property's overall convenience and appeal. The property's location in Scranton provides access to a vibrant community and offers excellent potential for strong returns on investment. This is a rare chance to acquire a sizable mixed-use property in a desirable location, ripe for transformation into a thriving business or residential space. The possibilities are truly endless, making this an exceptional opportunity for those seeking a rewarding project with significant upside. Serious inquiries are encouraged.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.17 ac (7,500 SF)
APN 16706030001
UPID US73-2662494

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Tax Preparation

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2024
4 recorded transactions
2024
$95,000
2021
$20,000
2020
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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