For Sale
$3,950,000

Grimes Industrial Park Pittston, PA 18640

31.75 Acres, I-1 Zoning, Ready to Build

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 31.75-acre industrial land parcel, located in the thriving Grimes Industrial Park in Yatesville, Pennsylvania (zip code 18640), presents a unique investment opportunity. Situated at the high-visibility corner of Commerce Road and Sathers Drive, this property boasts significant frontage on both roads, ensuring excellent exposure. The site is zoned I-1 Industrial and has all necessary approvals secured for the construction of up to 277,100 square feet of new industrial space. All utilities are readily accessible. The property's strategic location offers easy access to Interstate 81 via exit 178 (Navy Way), Pennsylvania Route 315, and the Northeast Extension of the Pennsylvania Turnpike (Route 476). This prime location within Grimes Industrial Park places the property in close proximity to major distribution centers, including a one-million-square-foot TJ Maxx facility, FedEx, Cascade, and US Hydrations, among others. The land is comprised of 6.78 acres in Dupont Borough and 24.949 acres in Pittston Township, offering a contiguous and sizable development opportunity. The asking price for this fully approved, ready-to-build site is $3,950,000. The park's established infrastructure and presence of significant tenants make this an ideal location for new industrial development. This is a rare opportunity to acquire a large, fully permitted industrial site in a high-demand location.

Highlights

  • All necessary approvals secured for 277,100 SF of new industrial construction.
  • 31.75 contiguous acres (6.78 acres in Dupont Borough, 24.97 acres in Pittston Twp).
  • Excellent access to I-81, PA Route 315, and the PA Turnpike's NE Extension (Route 476).
  • Located in Grimes Industrial Park, alongside major tenants including TJ Maxx (1M SF distribution center), FedEx, Cascade, and US Hydrations.
  • High-visibility corner lot at Commerce Road and Sathers Drive in Grimes Industrial Park, adjacent to Centerpoint Trade Park (home to Lowe's, UPS, FedEx, etc.).

Property Details for 0 Grimes Industrial Park

Property type
Land, Industrial properties
Square Feet
277,100 SF
Lot Size (sq. ft)
1,383,030 SF

Location Insight

City
Pittston
County
Luzerne
State
Pennsylvania
Latitude
41.315182054681
Longitude
-75.733213512369

FAQs

What type of property is this?
Land - 31.75 Acres, I-1 Zoning, Ready to Build
Where is the land located?
The property is located at Grimes Industrial Park Pittston, PA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: All necessary approvals secured for 277,100 SF of new industrial construction.; 31.75 contiguous acres (6.78 acres in Dupont Borough, 24.97 acres in Pittston Twp).; Excellent access to I-81, PA Route 315, and the PA Turnpike's NE Extension (Route 476).
How can I contact the broker?
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