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    Property profile & analytics

    421 Pennsylvania Ave Wilkes Barre, PA 18702-4497

    • Investment properties
    • 3.98 lot acres
    OFF-MARKET
    Value Estimation
    $1,935,000
    Last Sale
    Jun 03, 2024
    $1,950,000
    Location Intelligence
    Property ID
    US73-0130121
    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.

    Current Use by Public Records

    • Bella Machine Inc / Machine Shop
    • City-Mager / Restaurant Supply Store
    • Aero Care / Store
    • Wilkes Barre City Self Storage / Moving Supply Store / Packaging Supply Store
    • Wilkes Barre Animal Hospital / Animal Hospital

    Property Details for 421 Pennsylvania Ave

    Lot size
    3.98 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    73-H10NW3-011-001
    APU
    73H10NW3011001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,950,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,795,000
      6.5%
      $1,845,000
      7%
      $1,745,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,660,000
      Geo Method
      $2,115,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,025,000
      Retail
      $2,070,000
      Mixed-Use
      $2,090,000
      Hospitality
      $1,730,000
      Educational
      $1,850,000
      Residential Income
      $1,735,000
      Energy
      $1,800,000
      Income-Based Land
      $1,900,000
      Food Service
      $1,795,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilkes Barre
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.867
    Latitude
    41.2497
    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
    2023
    $19,830
    $180,000
    $620,000
    $800,000
    -
    $180,000
    $620,000
    $800,000

    Comparable in this City

    • Value Estimation by Request
      1.94 Acres

      295 Mundy St

      OFFICE/RESIDENTIAL (MIXED USE) • 1.94 Acres
      295 Mundy St, Wilkes Barre, PA 18702-6819
      View Details
    • Value Estimation by Request
      0.22 Acres

      388 Hazle St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.22 Acres
      388 Hazle St, Wilkes Barre, PA 18702-4623
      View Details
    • Value Estimation by Request
      0.06 Acres

      442 Hazle St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.06 Acres
      442 Hazle St, Wilkes Barre, PA 18702-4625
      View Details
    • Value Estimation by Request
      1.21 Acres

      1140 Hwy 315th Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 1.21 Acres
      1140 Hwy 315th Blvd, Plains, PA 18702-6930
      View Details
    • Value Estimation by Request
      836 SF

      97 Grv St

      OFFICE/RESIDENTIAL (MIXED USE) • 836 SF
      97 Grv St, Wilkes Barre, PA 18702-4836
      View Details
    • Value Estimation by Request
      1,492 SF

      422 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,492 SF
      422 Main St, Wilkes Barre, PA 18702-4488
      View Details

    Similar Nearby for Sale

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      Commercial property featuring showroom, offices, garage bays, and storage.
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      Wilkes-Barre Multifamily Property For Sale

      Multifamily property in Wilkes-Barre, Pennsylvania, sold as is.
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    • $499,000
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      Established Bar and Restaurant For Sale

      Thriving bar and restaurant with diverse menu and cottage.
      9933 Bear Creek Blvd, Wilkes Barre, PA 18702
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      Union Center Retail Opportunity

      Retail spaces available in redeveloped, highly visible Union Center.
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      Freestanding retail building with drive-thru in a high-traffic location.
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    Similar Nearby for Lease

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      Wilkes-Barre Commercial Space Available

      Functional commercial space ideal for various operations.
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      Retail Space in Wilkes Barre

      Retail property available for lease in Wilkes Barre, Pennsylvania.
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    • $16 SF/Yr
      9,000 SF

      Wilkes Barre Office Space Available

      9,000 SF office space for rent in Wilkes Barre.
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    • $10 SF/Yr
      2,200 SF

      Retail Space Available For Rent

      2,200 square feet retail space for rent.
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    • Contact for pricing
      4,000 SF

      Retail Space in Walmart-Anchored Center

      Retail space available in high-traffic, Walmart-anchored shopping center.
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      View Details
    • Contact for pricing
      59,417 SF

      Class A Office Space Available

      Superior office space for lease in Wilkes-Barre, Pennsylvania.
      613 Baltimore Dr, Wilkes Barre, PA 18702
      View Details
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    421 Pennsylvania Ave
    Wilkes Barre, PA 18702-4497
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    Realmo Value Estimation

    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.

    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.

    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
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