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Property profile & analytics
OFF-MARKET
Commercial real estate

225 Stewart Rd Hanover Township, PA 18706-1460

5.57 ac lot
Entity Owned 12-yr Hold Absentee Owner Free & Clear
Property ID
US73-0859897
Property summary
AI-generated overview

This exceptional 8,480-square-foot flex space is immediately available within a larger 40,000-square-foot multi-tenant building situated in Wilkes-Barre, Pennsylvania's Hanover Industrial Estates. The single-story, Class B building, constructed in 1990, offers a 21-foot ceiling height and features an existing office fit-out complete with carpet tile, resilient flooring, and an acoustical suspended ceiling (approximately 9 feet high). The space includes a built-in reception desk and abundant natural light from windows along the front, side, and rear walls. The building itself is a pre-engineered steel structure with a blend of architectural masonry and insulated metal panel walls, a standing seam metal roof, and thermally-broken aluminum framed windows and doors. The property boasts 323 parking spaces and enjoys excellent access to I-81 and Route 29, providing easy commutes and access to a large labor pool. Located conveniently between Wilkes-Barre and Hazleton, this location offers unparalleled access to major transportation arteries, being less than two hours from Harrisburg and 2.5 hours from both Philadelphia and New York City. The 5.57-acre lot provides ample space, and the property benefits from excellent power and telecom services. Access is convenient via Exits 1 and 2 of Route 29, just five minutes from Interstate 81. This is a prime opportunity for businesses seeking a functional and well-located flex space in a thriving Pennsylvania market. The minimum divisible space is 8,480 square feet, and the maximum contiguous space available is also 8,480 square feet.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 5.57 ac (242,629 SF)
APN 25-J9S1-001-031
UPID US73-0859897
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
225 Stewart Road LLC · 12 yrs held
225 Stewart Road LLC
since 2014
5 recorded transactions
2017
Price N/A
2014
$1,900
2014
$1,900
2011
Price N/A
2009
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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