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Property profile & analytics
OFF-MARKET
Commercial land
Sand Spgs Dr Drums, PA 18222
Individually Owned
Property ID
US73-5503276
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
366.98 ac (15,985,649 SF)
APN
06-P8-00A-001
UPID
US73-5503276
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cooney Dennis
Cooney Dennis
since 2026
Last sale
$325,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Drums submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Drums submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,978
Tax year 2023
Assessed value
$760,600
Assessed 2024
Previous assessed
$760,600
+0.0% YoY
Effective rate
1.97%
On assessed value
Assessed land
$760,600
Land market value
$760,600
Total market value
$760,600
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
366.98 ac (15,985,649 SF)
APN
06-P8-00A-001
UPID
US73-5503276
Jurisdiction
LUZERNE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
366.98 ac
Current owner
From public records · entity-resolved
Cooney Dennis
Individual
Mailing address
49 RESERVE DR, DRUMS, PA 18222-2077
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
84 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2026
$424,900
Cooney Dennis
Sand Springs Development Corp
Deed
related
—
Apr 20, 2026
$295,000
Vlavonou Nadia
Sand Springs Development Corp
Deed
$289,656 · Newrez LLC
Apr 2, 2026
$406,417
Miller Michele
Sand Springs Development Corp
Deed
related
$386,096 · Kind Lending LLC
Jul 17, 2024
$281,900
Christopher Joseph Surina
Sand Springs Development Corp
Deed
$273,443 · Newrez LLC
Jul 10, 2024
$291,900
Jonathan Ronn Supplemental Needs Tr
Sand Springs Development Corp
Deed
—
Jun 14, 2024
$404,900
Edward C Kulesa
Sand Springs Development Corp
Deed
$300,000 · Newrez LLC
Jun 12, 2024
$399,900
Patricia A Gerard
Sand Springs Development Corp
Deed
—
Apr 24, 2024
$452,983
Paul Brasavage
Sand Springs Development Corp
Deed
$430,333 · Newrez LLC
Feb 27, 2024
$394,470
Jennifer T Ferris
Sand Springs Development Corp
Re-recorded Document
related
—
Jan 10, 2024
$384,900
Henry R Lesch
Sand Springs Development Corp
Deed
—
Dec 13, 2023
$413,039
Gary Allegrucci
Sand Springs Development Corp
Deed
—
Aug 21, 2023
—
Whereas Sand Prings Development Cor
Sand Springs Development Corporatio
Deed
—
Aug 11, 2023
$359,900
Joan M Ursta
Sand Springs Development Corp
Deed
$159,900 · United Wholesale Mortgage
Jun 23, 2023
—
The Hub At Sand Springs LLC
Sand Springs Development Corp
Correction Deed
related
—
Jun 20, 2023
$474,500
Anthony F Corrado
Sand Springs Development Corp
Deed
$210,000 · United Wholesale Mortgage
May 11, 2023
$374,500
Israel Daing
Sand Springs Development Corp
Deed
$298,000 · Essa Bank & Trust
Mar 14, 2023
—
Sand Springs Development Corporatio
Butler Township
Agreement Of Sale
—
Feb 21, 2023
$254,900
Richard E Horvath
Sand Springs Develpment Corp
Deed
—
Jan 25, 2023
$120,000
The Hub At Sand Springs LLC
Sand Springs Development Corp
Deed
—
Jan 5, 2023
$253,900
Selene Erin Schagen
Sand Springs Development Corp
Deed
$203,120 · Pnc Bank NA
Jan 4, 2023
$265,262
Abigale E Walton
Sand Springs Development Corp
Deed
$251,950 · The Fidelity Deposit & Discount Ban
Dec 22, 2022
$369,900
Mark A Grayon
Sand Springs Development Corp
Deed
$358,803 · Caliber Home Loans INC
Nov 30, 2022
$369,900
John J Inama
Sand Springs Development Corp
Deed
$295,920 · Guild Mortgage Co
Nov 21, 2022
$251,900
Suzanne Scarcella
Sand Springs Development Corp
Deed
$120,900 · American Neighborhood Mtg Acceptanc
Nov 16, 2022
$260,000
Zachary T Andress
Sand Springs Development Corp
Deed
$262,626 · Caliber Home Loans INC
Nov 16, 2022
$254,900
Joseph G Wenzel III
Sand Springs Development Corp
Deed
$65,000 · Pennsylvania State Employees Cu
Nov 2, 2022
$435,602
Gene Cutrone
Sand Springs Development Corp
Deed
$215,000 · Embrace Home Loans INC
Oct 26, 2022
$380,050
Darren Wolfe
Sand Springs Development Corp
Deed
$285,037 · Guild Mortgage Co
Oct 20, 2022
$615,995
Deborah A Morgan
Sand Springs Development Corp
Deed
—
Sep 22, 2022
$375,350
Amy Grayek
Sand Springs Development Corp
Deed
$130,000 · The Fidelity Deposit & Discount Ban
Sep 16, 2022
$350,901
Xin Mengshi
Sand Springs Development Corp
Deed
$200,000 · Parke Bank
Sep 2, 2022
$405,335
Liberty O Evuoke
Sand Springs Development Corp
Deed
$393,175 · Wells Fargo Bank NA
Aug 31, 2022
$249,900
Mary Beth Toth
Sand Springs Development Corp
Deed
$237,405 · Nfm INC
Aug 24, 2022
$252,900
Cora Pedersen
Sand Springs Development Corp
Deed
—
Aug 15, 2022
$367,900
Curtis L Bates
Sand Springs Development Corp
Deed
$333,990 · Caliber Home Loans INC
Aug 9, 2022
$453,913
Juan J Mata
Sand Springs Development Corp
Deed
$363,130 · Citizens Bank NA
Aug 5, 2022
$424,559
Carlos Deleon Ruiz
Sand Springs Development Corp
Deed
$400,996 · Paramount Residential Mortgage Grou
Jul 27, 2022
$343,400
Nicholas R Graziano
Sand Springs Development Corp
Deed
$240,380 · Guild Mortgage Co
Jul 13, 2022
$473,604
James Hugh Breese
Sand Springs Development Corp
Deed
$449,924 · Ark-la-tex Financial Services LLC
Jul 12, 2022
$354,900
Derek Blake Chestnut
Sand Springs Development Corp
Deed
$283,920 · Fairway Independent Mortgage Corp
Jun 8, 2022
$242,202
Ashley L Harkins
Sand Springs Development Corp
Deed
$235,905 · Caliber Home Loans INC
May 13, 2022
$461,412
Joseph Patrick Lomino JR
Sand Springs Devetmpment Corp
Deed
$392,200 · Caliber Home Loans INC
May 11, 2022
$423,382
Douglas K Wallace
Sand Springs Development Corp
Deed
$316,400 · Greentree Mortgage Company LP
May 11, 2022
$347,900
Eric M Eyster
Sand Springs Development Corp
Deed
$265,000 · Rocket Mortgage LLC
Apr 25, 2022
$383,782
Rafael Villar
Sand Springs Development Corp
Deed
$376,830 · Caliber Home Loans INC
Mar 9, 2022
$245,664
Corey M Furmanchin
Sand Springs Development Corp
Deed
$251,314 · Caliber Home Loans INC
Mar 9, 2022
$237,900
Michelle Schmid
Sand Springs Development Corp
Deed
$204,000 · Pennsylvania State Employees Cu
Feb 28, 2022
$385,820
Linda Hongllian Yan
Sand Springs Development Corp
Deed
$308,656 · Caliber Home Loans INC
Feb 25, 2022
$386,768
Clarence Edward Green JR
Sand Springs Development Corp
Deed
$309,414 · Caliber Home Loans INC
Feb 23, 2022
$324,262
Ray J Palica
Sand Springs Development Corp
Deed
$294,373 · Caliber Home Loans INC
Feb 9, 2022
$242,933
David J Rogers
Sand Springs Development Corp
Deed
$238,532 · Caliber Home Loans INC
Feb 9, 2022
$237,900
Adam R Cassel
Sand Springs Development Corp
Deed
$210,900 · First Heritage Financial LLC
Jan 28, 2022
$529,643
Charles R Hair
Sand Springs Development Corp
Deed
$423,714 · Caliber Home Loans INC
Jan 24, 2022
$489,791
John S Flanagan II
Sand Springs Development Corp
Deed
$200,000 · Navy FCU
Jan 19, 2022
$437,972
Kenneth A Kreps
Sand Springs Development Corp
Deed
—
Dec 20, 2021
$212,619
Robert W Heck JR
Sand Springs Development Corp
Deed
$170,000 · Ark-la-tex Financial Services LLC
Dec 17, 2021
$399,900
Christopher M Near
Sand Spethgs Development Corp
Deed
$368,974 · Tidewater Mortgage Services INC
Dec 16, 2021
$227,447
Karen Holocomb
Sand Springs Development Corp
Deed
—
Oct 26, 2021
$523,352
William Anthony Elkins
Sand Springs Development Corp
Deed
$418,681 · Caliber Home Loans INC
Oct 13, 2021
$404,911
Eric V Lindey
Sand Springs Development Corp
Deed
$382,338 · Residential Mortgage Services
Oct 5, 2021
$209,612
Scott E Morgan
Sand Springs Development Corp
Deed
$215,151 · Home Point Financial Corporation
Sep 29, 2021
$383,092
Andrew R Rock
Sand Springs Development Corp
Deed
$195,281 · Caliber Home Loans INC
Aug 31, 2021
$401,421
Jeffrey S Davis
Sand Springs Development Corp
Deed
$250,189 · Caliber Home Loans INC
Aug 20, 2021
$302,007
Jordan L Lynch
Sand Springs Development Corp
Deed
$296,536 · Caliber Home Loans INC
Jul 29, 2021
$120,000
Sand Springs Self Storage LLC
Sand Springs Development Corp
Deed
—
Jul 8, 2021
$80,000
Lofts At Sand Springs LLC
Sand Springs Development Corporatio
Deed
—
May 17, 2021
$387,197
Matthew Balun
Sand Springs Development Corp
Deed
$367,837 · Caliber Home Loans INC
Apr 26, 2021
$343,336
Timothy Rimbey
Sand Springs Development Corp
Deed
$326,169 · Caliber Home Loans INC
Apr 23, 2021
$249,900
Holly Lynn Snell
Sand Springs Development Corp
Deed
$199,920 · Caliber Home Loans INC
Apr 23, 2021
$475,965
James Gillenwater
Sand Springs Development Corp
Deed
$321,753 · Caliber Home Loans INC
Mar 17, 2021
$448,658
Steven M Richardson
Sand Springs Development Corp
Deed
$236,225 · Caliber Home Loans INC
Mar 1, 2021
$377,487
Ryan Heck
Sand Springs Development Corp
Deed
$358,612 · Caliber Home Loans INC
Feb 17, 2021
$257,397
Jean Paul Isaacs
Sand Springs Development Corp
Deed
$249,675 · Caliber Home Loans INC
Feb 10, 2021
$391,665
Stephen Schmidt
Sand Springs Development Corp
Deed
$352,499 · Residential Mortgage Services
Sep 18, 2009
$33,000
Tuskes Group INC
Sand Springs Dev Corp
Grant Deed
—
Sep 17, 2009
$42,000
Sand Springs Water Co INC
Sand Springs Dev Corp
Grant Deed
related
$77,000 · Sand Springs Dev Corp
Jul 29, 2009
$33,000
Tuskes Group INC
Sand Springs Dev Corp
Grant Deed
$405,000 · Knbt
Jan 16, 2009
$945,000
Tuske Gourp INC
Sand Springs Dev Corp
Grant Deed
$3,250,000 · Knbt
Oct 22, 2008
—
Robert J Gaudio SR.
Gaudio,janet M
Quit Claim Deed
related
—
Sep 17, 2008
$175,000
Joseph J Barletta
Sand Springs Dev Corp
Grant Deed
$140,000 · Essa Bank & Trust
Sep 10, 2008
$344,232
Ronald F Fink
Sand Springs Dev Corp
Grant Deed
—
—
—
Sand Springs Water Co INC
—
Deed Of Trust
related
$77,000 · Sand Springs Dev Corp
—
—
Tuskes Group INC
—
Deed Of Trust
related
$945,000 · Golden Equity Financial Corp
—
—
Tuskes Group INC
—
Deed Of Trust
related
$540,000 · Knbt
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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