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    63 Green Mountain Rd Hazleton, PA 18248
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    Property profile & analytics

    63 Green Mountain Rd, Hazleton, PA 18248

    View on Map
    • Warehouses
    • 25,000 SF
    • 11.39 lot acres
    For Lease
    $1,180,000
    View Listing →
    Hazleton Industrial Space For Lease For Lease
    $1,180,000
    293,493 SF

    Hazleton Industrial Space For Lease

    293,493 SF industrial space available for lease.

    63 Green Mountain Rd, Hazleton, PA
    View Listing
    Property ID
    US73-5327510
    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.
    Value Estimations
    $1,180,000
    Cap Rate Potential
    7%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 63 Green Mountain Rd

    Year built
    2003
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    11.39 lot acres
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    09-02-0004.018
    APU
    9020004018

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 4, 2020 — Hazleton Cmnty Area New Dev Organiz Greater Hazleton Cmnty Area New Dev Intrafamily Transfer · related —
    Dec 23, 2014 $1,100,000 Greater Hazleton Community Area New D&f Properties LLC Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,220,000
      ML approach
      $1,170,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,430,000
      6.5%
      $1,320,000
      7%
      $1,225,000

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,045,000
      Current use
      COMMERCIAL (GENERAL)
      $1,775,000
      Change: +70% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Hazleton
    County
    Schuylkill
    State
    Pennsylvania
    Longitude
    -76.1024
    Latitude
    40.9118
    CBSA code
    39060
    CBSA name
    POTTSVILLE, PA MICROPOLITAN 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
    2024
    $40,335
    $22,990
    $702,250
    $725,240
    -
    $45,980
    $1,404,500
    $1,450,480

    Comparable in this City

    • Value Estimation
      $22,330,000
      402,560 SF

      Lot 61

      MINI-WAREHOUSE, STORAGE
      Lot 61, Hazleton, PA 18202
      View Details
    • Value Estimation
      $35,685,000
      641,550 SF

      69 Grn Mtn Rd

      MINI-WAREHOUSE, STORAGE
      69 Grn Mtn Rd, Hazleton, PA 18202-9224
      View Details
    • Value Estimation
      $17,030,000
      339,892 SF

      68 Grn Mtn Rd

      MINI-WAREHOUSE, STORAGE
      68 Grn Mtn Rd, Hazleton, PA 18202-9254
      View Details
    • Value Estimation
      $10,555,000
      204,068 SF

      62 Grn Mtn Rd

      MINI-WAREHOUSE, STORAGE
      62 Grn Mtn Rd, Hazleton, PA 18202-9254
      View Details
    • Value Estimation by Request
      1.70 Acres

      Vine St

      MINI-WAREHOUSE, STORAGE
      Vine St, Hazleton, PA 18202
      View Details
    • Value Estimation by Request
      3.80 Acres

      6 10

      MINI-WAREHOUSE, STORAGE
      6 10, Hazleton, PA 18202
      View Details

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      Hazleton Distribution Facility For Sale

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      0.25 Acres

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      Residential lot in Eagle Rock Resort with many amenities.
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    Similar Nearby for Lease

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      248,000 SF

      Industrial Building Under Construction

      248,000 SF industrial building available for lease.
      610 Oak Ridge Rd, Hazleton, PA 18202
      View Details
    • Contact for pricing
      350,000 SF

      Humboldt Industrial Park Warehouse

      Warehouse in Humboldt Industrial Park with convenient highway access.
      62 Green Mountain Rd, Hazleton, PA 18202
      View Details
    • Contact for pricing
      82,000 SF

      Hazle Township Warehouse Space Available

      82,000± SF industrial warehouse space for lease.
      10 Jaycee Dr, Hazle Township, PA 18202
      View Details
    • Contact for pricing
      110,000 SF

      Hazleton Industrial Space Available

      110,000 SF industrial space with loading docks and parking.
      527 Oak Ridge Rd, Hazleton, PA 18202
      View Details
    • Contact for pricing

      Industrial Space Available for Lease

      293,493 SF industrial space with ample parking.
      Green Mountain Rd, Hazle Township, PA 18202
      View Details
    • Contact for pricing
      4,000 SF

      Hazle Township Office Space Available

      4,000 square feet of office space for rent.
      386 Airport Rd, Hazle Township, PA 18202
      View Details
    View Listing
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    63 Green Mountain Rd
    Hazleton, PA 18248
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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