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Property profile & analytics
OFF-MARKET Estimated value $4,915,000
Industrial properties

600 Sanders St Scranton, PA 18505-3400

18.18 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US73-3795668
Property summary
AI-generated overview

This exceptional 231,912-square-foot industrial property in Scranton, PA, presents a significant investment opportunity. Situated on 18.9 acres of land zoned I-L, this Class C building, constructed in 1942 and renovated in 2001, offers a unique blend of manufacturing, warehouse, and R&D space. Currently, 210,000 square feet are vacant, providing ample room for expansion or customization. The property boasts impressive features including 16.5-foot ceiling heights throughout the warehouse area (with select areas reaching 21 feet), nine loading docks (three exterior, five interior, and one interior), four drive-in bays, and ample parking for over 80 vehicles, with significant additional land available for expansion. The robust power supply of 9500A 3P Heavy is a key advantage, further enhanced by existing company-owned infrastructure resulting in significantly reduced utility costs (approximately $4.9/kWh). The building also includes approximately 14,000 square feet of two-story Class B office space, complete with boardrooms and seven employee break rooms with bathrooms. A high-bay area of 4,000 square feet with 30-foot clear heights offers additional rack-able space. Its convenient location near I-81 provides easy access to major transportation routes. This property is ideal for a variety of industrial uses and presents a compelling opportunity for a discerning buyer. The property's address is 600 Sanders St, Scranton, PA 18505.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 18.18 ac (791,921 SF)
APN 16718010004
UPID US73-3795668
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
  • Santana Products Inc Factory Production Facility
  • Copperfield Chimney Supply General Contractor Renovation Specialist
  • Olympia Chimney Supply Inc General Contractor Renovation Specialist
  • Wentling Restoration Inc General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$4.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.92M
Owner & transaction history
600 Sanders Scranton LLC · 2 yrs held
600 Sanders Scranton LLC
since 2023
Last sale
$4.9M
5 recorded transactions
2023
$4.9M
2020
Price N/A
2019
Price N/A
2007
$2.4M
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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