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Property profile & analytics
OFF-MARKET
Hospitals

661 Church St Hazleton, PA 18201

0.92 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US73-1796960
Property summary
AI-generated overview

This exceptional 8 million dollar investment presents a rare chance to capitalize on the burgeoning senior housing market in Hazleton, Pennsylvania. Located at 661 N Church S Street, this general commercial property boasts pre-approved zoning for a 300-bed assisted living facility with mixed-use potential. The site has already undergone significant preparation, with interior demolition (to a "vanilla box" state) completed, leaving the project poised for immediate framing and construction. This significantly reduces upfront costs and accelerates the timeline to occupancy. The property's strategic location within a growing market ensures strong occupancy rates and a high return on investment. Furthermore, the development benefits from active support from the local government, including access to development grants and attractive tax incentives, further enhancing the financial viability of this project. This turnkey opportunity eliminates many of the hurdles associated with new construction, offering a streamlined path to a profitable and impactful senior care facility. The property is ready for a developer to bring their vision to life and contribute to the growing needs of the senior community in Hazleton. Serious inquiries only.

Property profile
Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Lot 0.92 ac (40,075 SF)
APN 71-T8NW42-007-001
UPID US73-1796960
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ob International Development Pa LLC · 2 yrs held
Ob International Development Pa LLC
since 2024
5 recorded transactions
2024
Price N/A
2022
$760,000
2019
$472,500
2017
$730,475
2013
$300,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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