1341 Main AveScranton, PA 18504

  • Retail properties
  • 16.26 AC
For Lease

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
1341 Main Ave, Scranton, Pennsylvania

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

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
2024
$146,183
$25,580
$654,500
$680,080
-
$25,580
$654,500
$680,080

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