13 Carey AveWilkes-Barre, PA 18702

Property Details for 13 Carey Ave

Lot size

0.04 AC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

73-H9SE4-021-017

APU

73H9SE4021017

Description

This exceptional 0.41-acre commercial land parcel, located at 13 Carey Avenue in Wilkes-Barre, Pennsylvania, presents a compelling investment opportunity. Priced at $100,000, this property boasts a total square footage of 1,470 square feet and is classified as special purpose land. Its prime location in a high-traffic area ensures excellent visibility and accessibility. The property's zoning and permitted uses should be independently verified. The existing structure on the property includes a second-floor apartment with two bedrooms and a separate entrance. Utilities for the apartment are separately metered for electricity and water. From River Street, the property is easily accessible by turning right onto Carey Avenue

• CAP approach

  CAP return

  Valuation

  6%

  $268,878

  6.5%

  $248,195

  7%

  $230,467

• Comparable approach

  Method

  Valuation

  Relative Method

  $133,576

  Geo Method

  $227,610

• Alternative Use

  Use

  Valuation

  Residential

  $307,762

  Hospitality

  $281,908

  Educational

  $234,544

  Medical

  $242,610

  Retail

  $364,846

Location Insight

City

Wilkes Barre

County

Luzerne

State

Pennsylvania

Latitude

41.242

Longitude

-75.8973

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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