181 Pringle St Kingston, PA 18704
For Lease
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This exceptional industrial property, located at 181 Pringle Street in Kingston, Pennsylvania, presents a unique investment opportunity. The property encompasses a total of 65,000 square feet of warehouse and distribution space, strategically divided among five separate buildings. The expansive 4.67-acre lot provides ample room for operations and potential expansion. The warehouse features a substantial 30-foot ceiling height, ideal for various industrial uses, and boasts three convenient drive-in doors for efficient loading and unloading. The property is equipped with three-phase power, catering to the needs of energy-intensive businesses. Currently vacant and available for occupancy beginning in the first quarter of 2024, this single-tenant property is zoned for industrial use, despite its location within a residential neighborhood. This presents a compelling opportunity for a material supplier, contractor, or similar business. The property's strategic location offers the possibility of rail access, further enhancing its logistical advantages. Located in Luzerne County, Pennsylvania, with a zip code of 18704, this property offers significant potential for a discerning investor or business owner. The property's size, features, and location combine to create a rare and attractive opportunity in the Kingston market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.