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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Medical Office Space
540 Pierce St Kingston, PA 18704-5760
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US73-0380811
Property summary
AI-generated overview
This exceptional 2,341 square foot turnkey medical office space is ideally located at 540 Pierce Street in Kingston, Pennsylvania. The property offers a highly functional layout perfect for a variety of medical practices. Features include a private office, four well-appointed exam rooms, a dedicated x-ray room, a comfortable waiting area for patients, a convenient nurse's station, and private bathrooms for staff and patient use. A separate breakroom provides a comfortable space for staff to relax. The property benefits from its convenient location along a bus route, ensuring easy accessibility for both staff and patients. Ample parking is available on-site, providing convenient parking for everyone. This property is offered as a gross lease
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Lot
0.95 ac (41,382 SF)
APN
34-H9NE2-04C-05C
UPID
US73-0380811
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
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.18M
Owner & transaction history
540 Pierce Street LLC · 1 yrs held
540 Pierce Street LLC
since 2025
Last sale
$1.3M
6 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 Kingston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kingston 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
Method
Estimation
Statistic approach
$1,080,000
ML approach
$1,110,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.25M (May 28 2025)
Last sale anchor
$1.25M
May 28 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$19,860
Tax year 2023
Assessed value
$765,800
Assessed 2024
Previous assessed
$765,800
+0.0% YoY
Effective rate
2.59%
On assessed value
Assessed land
$206,300
Assessed improvement
$559,500
Land market value
$206,300
Improvement market value
$559,500
Total market value
$765,800
Applied tax rate
34.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Lot
0.95 ac (41,382 SF)
APN
34-H9NE2-04C-05C
UPID
US73-0380811
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
0.95 ac
Current owner
From public records · entity-resolved
540 Pierce Street LLC
Entity
Mailing address
40 HILLBROOK DR, BEAR CREEK TOWNSHIP, PA 18702-8402
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2025
$1,250,000
540 Pierce Street LLC
Northeastern Pa Realty Enterprises
Deed
$930,000 · The Fidelity Deposit & Discount Ban
Feb 14, 2024
—
Northeastern Pennsylvania Realty En
—
Deed
related
$50,000 · M & T Bank
Dec 8, 2020
—
Northeastern Pennsylvania Realty En
—
Deed
related
$830,000 · M & T Bank
Jun 26, 2012
$655,000
Northeastern Pennsylvania Real
Wilkes-barre Academic Medicine
Grant Deed
$675,000 · M & T Bank
May 1, 2009
$1,234,900
Wilkes-barre Academic Medicine
United Health & Hospital Svcs
Grant Deed
—
—
—
Northeastern Pennsylvania Real
—
Deed Of Trust
related
$125,000 · M & T Bank
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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