Property profile

40 Poplar St Scranton, PA 18509

FOR SALE
Warehouses
Property ID
US73-4026115
86,662 SF 8.5 ac lot Built 1970
Entity Owned 2-yr Hold
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Property summary

AI-generated overview

This exceptional 87,000-square-foot industrial property, located at 40 Poplar Street in Scranton, Pennsylvania's Pinebrook neighborhood, presents a compelling investment opportunity for owner-users or investors. The Class B building, constructed in 1970, sits on 8.5 acres and offers two units totaling 86,662 net rentable square feet across two stories. The property features eight loading docks, a convenient interior truck loading bay, and ample truck yard space. Ceiling heights range from 24 feet, providing substantial vertical clearance. The building boasts 1200 amp power. The interior space is divisible into three sections (approximately 20,000, 27,000, and 40,000 square feet), offering flexibility for various operational needs. The 40,000-square-foot section includes approximately 33,000 square feet of open warehouse space and 7,000 square feet of office and mezzanine storage. The property is zoned for industrial use and is offered for sale at $4,900,000. Its strategic location provides easy access to the greater Northeast Corridor, making it an ideal location for businesses seeking a central hub within the Scranton metro area. The property's proximity to a readily available workforce further enhances its appeal.

Property profile

Verified
Property type Warehouses
Year built 1970
Total area 86,662 SF
Lot 8.5 ac (370,260 SF)
UPID US73-4026115

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
  • General Contractor Renovation Specialist
  • Garden Center Landscaping
  • Industrial Manufacturer Production Facility

Location

40 Poplar St Scranton, PA 18509
Scranton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2023
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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