600 Sanders St Scranton, PA 18505-3400
- Industrial properties
- 18.18 lot acres
Current Use by Public Records
- Santana Products Inc / Plastic Fabrication Company
- Copperfield Chimney Supply / Chimney Sweep / Chimney Services
- Olympia Chimney Supply Inc / Chimney Sweep / Chimney Services
- Wentling Restoration Inc / Fire Damage Restoration Service
Property Details for 600 Sanders St
- Lot size
- 18.18 lot acres
- Property type
- Industrial properties
- APN
- 16718010004
- APU
- 16718010004
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $4,945,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $5,170,000
- 6.5%
- $4,840,000
- 7%
- $4,810,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,390,000
- Geo Method
- $4,825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,780,000
- Retail
- $3,655,000
- Mixed-Use
- $4,570,000
- Hospitality
- $4,480,000
- Educational
- $3,880,000
- Residential Income
- $4,815,000
- Energy
- $4,860,000
- Income-Based Land
- $4,025,000
- Food Service
- $4,965,000
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.6838
- Latitude
- 41.3803
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA