Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2000 Rosanna Ave Scranton, PA 18509-1634
    Back to Search
    Property profile & analytics

    2000 Rosanna Ave, Scranton, PA 18509-1634

    View on Map
    • Industrial properties
    • 7.90 lot acres
    Off-Market
    Last Sale Jun 2, 2022
    $2,000,000
    Property ID
    US73-0758269
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,000,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Vireo / Corporate Office

    Property Details for 2000 Rosanna Ave

    Year built
    1940
    Lot size
    7.90 lot acres
    Property type
    Industrial properties
    APN
    13509020043
    APU
    13509020043

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 2, 2022 — Iip Pa 1 LLC Iip Pa 1 LLC Intrafamily Transfer · related —
    Nov 17, 2017 $2,000,000 Pennsylvania Medical Solutions Hinkley,jesse J & Elaine P Grant Deed —
    Jul 15, 2009 $425,000 Jesse J Hinkley Owner,record Grant Deed · related —
    — — Jesse J Hinkley — Deed Of Trust · related $345k · Pnc Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,935,000
      ML approach
      $2,065,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.6514
    Latitude
    41.4374
    CBSA code
    42540
    CBSA name
    SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $124,352
    $45,652
    $393,140
    $438,792
    -
    $45,652
    $393,140
    $438,792

    Comparable in this City

    • Value Estimation by Request
      3.18 Acres

      700 Parker St

      INDUSTRIAL (GENERAL)
      700 Parker St, Scranton, PA 18509-1016
      View Details
    • Value Estimation by Request
      3.68 Acres

      301 Grn Rdg St

      INDUSTRIAL (GENERAL)
      301 Grn Rdg St, Scranton, PA 18509-1813
      View Details
    • Value Estimation by Request
      0.72 Acres

      Jefferson Ave

      INDUSTRIAL (GENERAL)
      Jefferson Ave, Dunmore, PA 18509
      View Details
    • Value Estimation by Request
      2.66 Acres

      Blvd Ave

      INDUSTRIAL (GENERAL)
      Blvd Ave, Scranton, PA 18509
      View Details
    • Value Estimation by Request
      0.19 Acres

      916 Capouse Ave, Unit 918

      INDUSTRIAL (GENERAL)
      916 Capouse Ave, Scranton, PA 18509-2932
      View Details
    • Value Estimation by Request
      0.15 Acres

      916 Washington Ave

      INDUSTRIAL (GENERAL)
      916 Washington Ave, Scranton, PA 18509-2916
      View Details

    Similar Nearby for Sale

    • $449,900
      7,000 SF

      Prime Scranton Development Opportunity

      Two-story mixed-use building in downtown Scranton near Lackawanna College.
      515 Wyoming Ave, Scranton, PA 18509
      View Details
    • Contact for pricing
      19,798 SF

      Scranton Warehouse Space For Sale

      19,798 SF warehouse available in Scranton, Pennsylvania.
      943 Sanderson Ave, Scranton, PA 18509
      View Details
    • Contact for pricing
      7,000 SF

      Downtown Scranton Development Opportunity

      Prime mixed-use development site near Lackawanna College.
      515 Wyoming Ave, Scranton, PA 18509
      View Details
    • Contact for pricing
      13,850 SF

      Former Personal Care Home

      Former personal care home suitable for various uses.
      Sanderson Ave, Scranton, PA 18509
      View Details
    • $55,000
      0.26 Acres

      Shovel-Ready Lot in Green Ridge

      Cleared lot in Scranton's Green Ridge neighborhood, ready for development.
      1635 Sanderson Ave, Scranton, PA 18509
      View Details
    • Contact for pricing
      1,700 SF

      Commercial Property with Office Building

      Commercial property with 1,700 sq ft office building for sale.
      1231 Wyoming Ave, Scranton, PA 18509
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,245 SF

      Scranton Warehouse Space Available

      Industrial warehouse space available for lease in Scranton, Pennsylvania.
      2409 Amelia Ave, Scranton, PA 18509
      View Details
    • $1,400 /Mo
      1,400 SF

      Scranton Commercial Space For Rent

      Commercial space in light industrial area, suitable for various uses.
      337 E Gibson St, Scranton, PA 18509
      View Details
    • Contact for pricing
      19,996 SF

      Scranton Flex/Industrial Space Available

      26,578 SF flex/industrial space for lease in Scranton, PA.
      40 Poplar St, Scranton, PA 18509
      View Details
    • $13 SF/Yr
      26,122 SF

      Downtown Scranton Versatile Commercial Space

      Flexible commercial space suitable for office, retail, or food-service.
      541 Wyoming Ave, Scranton, PA 18509
      View Details
    • Contact for pricing
      40,000 SF

      Prime Retail Pad Site Available

      1-acre pad site with high visibility and accessibility.
      201 Green Ridge St, Scranton, PA 18509
      View Details
    • $10 SF/Yr
      3,250 SF

      Turnkey Commercial Space in Scranton

      Versatile commercial property suitable for various business needs.
      1805 Sanderson Ave, Scranton, PA 18509
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2000 Rosanna Ave
    Scranton, PA 18509-1634
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2000 Rosanna Ave, Scranton, PA, 18509
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!