1510 Main AveTaylor, PA 18504

  • Retail properties
  • 7.82 AC
For Lease

Property Details for 1510 Main Ave

Lot size
7.82 AC
Property type
Retail properties
Property subtype
Super regional malls
APN
16705010002
APU
16705010002

Description

This expansive 68,894 square foot warehouse, located at 1510 S Main Ave in Taylor, Pennsylvania (zip code 18504), presents a significant opportunity for lease. Built in 2000, the property sits on a 7.82-acre lot and offers a single-tenant occupancy. The building boasts a substantial 21.6-foot ceiling height, providing ample vertical space for storage or specialized equipment. With 330 total parking spaces, the property is well-suited for businesses requiring significant vehicle access. The property's classification includes retail, industrial, warehouse, commercial, self-storage, fitness, recreational, and grocery box uses, offering flexibility for a wide range of potential tenants. The building is currently vacant, providing immediate occupancy for the successful lessee. Located in Lackawanna County, this property offers easy access to major transportation routes. The property's size and features make it an attractive option for businesses seeking a large, functional space in a convenient location. This is a rare opportunity to secure a substantial warehouse in a desirable area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $124,391,408
    6.5%
    $114,822,840
    7%
    $106,621,208
  • Comparable approach

    Method
    Valuation
    Relative Method
    $112,913,792
    Geo Method
    $112,159,888
  • Alternative Use

    Use
    Valuation
    Residential
    $96,857,360
    Hospitality
    $88,720,824
    Educational
    $73,814,680
    Medical
    $76,353,280
    Retail
    $114,822,840
1510 Main Ave, Taylor, Pennsylvania

Location Insight

City
Scranton
County
Lackawanna
State
Pennsylvania
Latitude
41.3942
Longitude
-75.6917
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
$267,355
$143,800
$1,100,000
$1,243,800
-
$143,800
$1,100,000
$1,243,800

FAQs

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