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Property profile & analytics
OFF-MARKET
Office buildings
350 Laird St Plains, PA 18702-6982
Individually Owned
10-yr Hold
Free & Clear
Property ID
US73-2421452
Property summary
AI-generated overview
This meticulously maintained, two-story Class B office building at 350 Laird Street in Wilkes-Barre, Pennsylvania offers 12,000 square feet of space in a multi-tenant configuration. Currently, 600 square feet of executive office space is immediately available. The building, constructed in 1985, boasts ample parking. Its convenient location in Luzerne County provides easy access to major transportation arteries, including I-81, the Pennsylvania Turnpike, the Cross Valley Expressway, and the Wilkes-Barre/Scranton International Airport. The building consists of one structure with a total of one suite. This presents a unique opportunity for businesses seeking a well-maintained and strategically located office space in a thriving Pennsylvania market. The property's address is 350 Laird Street, Wilkes-Barre, PA 18702. The building's zip code is 18702.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Lot
4.96 ac (216,058 SF)
APN
50-H11S3-001-01K
UPID
US73-2421452
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
-
Yeager Supply Inc. Plumbing Service Building Supply
-
Lion Brewery Office Corporate Office
-
NAI Mertz of PA Real Estate Agency
-
Centralia Coal Sales Co Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph A Frank JR · 10 yrs held
Joseph A Frank JR
since 2016
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Plains submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Plains submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$28,842
Tax year 2023
Assessed value
$1,077,900
Assessed 2024
Previous assessed
$1,077,900
+0.0% YoY
Effective rate
2.68%
On assessed value
Assessed land
$159,200
Assessed improvement
$918,700
Land market value
$159,200
Improvement market value
$918,700
Total market value
$1,077,900
Applied tax rate
50.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Heating
NONE
Lot
4.96 ac (216,058 SF)
APN
50-H11S3-001-01K
UPID
US73-2421452
Jurisdiction
LUZERNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
4.96 ac
Current owner
From public records · entity-resolved
Joseph A Frank JR
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 478, WILKES BARRE, PA 18703-0478
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2016
—
Joseph A Frank JR
Frank Joseph A
Quit Claim Deed
related
—
May 20, 2005
—
Frank,joseph A
Frank,joseph A
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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