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Property profile & analytics

661 Church St Hazleton, PA 18201

  • Hospitals
  • 0.92 lot acres
OFF-MARKET
Last Sale
Mar 06, 2024
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US73-1796960
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.

Current Use by Public Records

  • Hospitals

Property Details for 661 Church St

Lot size
0.92 lot acres
Property type
Hospitals
APN
71-T8NW42-007-001
APU
71T8NW42007001

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Hazleton
County
Luzerne
State
Pennsylvania
Longitude
-75.9752
Latitude
40.9648
CBSA code
42540
CBSA name
SCRANTON--WILKES-BARRE, PA METROPOLITAN 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
2023
$7,612
$150,000
$150,000
$300,000
-
$150,000
$150,000
$300,000
More about this property
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