1341 Main AveScranton, PA 18504
- Retail properties
- 16.26 AC
Property Details for 1341 Main Ave
- Year built
- 2010
- Lot size
- 16.26 AC
- Property type
- Retail properties
- Property subtype
- Super regional malls
- APN
- 15617050002
- APU
- 15617050002
Description
Taylor Commons, a dominant Scranton, PA retail center, offers 254,848 square feet of space. This Super Walmart-anchored shopping center boasts a prime location on S Main Ave (16,050 vehicles per day) in Lackawanna County. Four spaces are currently available, ranging from 2,500 to 130,680 square feet. The center benefits from excellent visibility and accessibility, with convenient access to the PA Turnpike (Rt. 476) (10,000 VPD) and I-81 (75,300 VPD), featuring signalized access. Strong co-tenancy includes national brands such as Tractor Supply Company, Dollar Tree, Great Clips, and Subway, creating a high-traffic, destination shopping environment. This property serves as a key retail hub in the Greater Scranton market, offering significant potential for businesses seeking a high-traffic location with established national brands. The property's address is 1341 S Main Ave, Scranton, PA 18504.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $258,645,360
- 6.5%
- $238,749,552
- 7%
- $221,696,016
-
Comparable approach
- Method
- Valuation
- Relative Method
- $234,780,096
- Geo Method
- $233,212,512
-
Alternative Use
- Use
- Valuation
- Residential
- $201,394,192
- Hospitality
- $184,475,984
- Educational
- $153,481,856
- Medical
- $158,760,336
- Retail
- $238,749,552
Location Insight
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Latitude
- 41.3936
- Longitude
- -75.6873
- CBSA code
- 42540
- CBSA name
- SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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