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Property profile & analytics
FOR SALE
Banks

968 Prescott Ave Scranton, PA 18510

4,475 SF
Entity Owned 1-yr Hold
Property ID
US73-4179215
Property summary
AI-generated overview

Premier redevelopment opportunity with architectural presence.Positioned n a highly visible, high traffic location, this former banking institution offers exceptional potential for redevelopment or custom build out. Situated on a desirable commercial corridor, the property benefits from strong exposure and convenient access, making it ideal for variety of business uses. The interior has been fully cleared with floors removed, presenting a blank slate for investors, developers, or owner-users seeking flexibility in design. The existing structure provides solid construction and the unique character of a former institution, offering possibilities for retail, medical, or mixed use conversion. The property includes a dedicated 15 car parking lot, ensuring ample on site parking for staff and customers. Its prime location and and adaptable layout make it a standout opportunity for those looking to create a customized commercial space in a sought after area. Endless potential to reimagine and maximize value, bring your vision and transform this space into your next successful venture.

Property profile
Verified
Property type Banks
Total area 4,475 SF
UPID US73-4179215
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
  • Peoples Security Bank & Trust Company Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Dbill Realty LLC · 1 yrs held
Dbill Realty LLC
since 2024
1 recorded transaction
2024
$293,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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