805 Kidder StWilkes-Barre, PA 18702

  • Land
  • 1.76 AC
For Lease

Property Details for 805 Kidder St

Lot size
1.76 AC
Property type
Land
Property subtype
Commercial land
APN
73-H10-00A-04B
APU
73H1000A04B

Description

This exceptional 1.76-acre commercial land parcel presents a unique investment opportunity in Wilkes-Barre, Pennsylvania. Situated on Kidder Street, directly in front of the Wyoming Valley Mall, anchored by Macy's and JCPenney, this property boasts unparalleled visibility and accessibility. Its prime location within a thriving retail corridor places it amidst a dense concentration of established businesses, including Sheetz, Starbucks, Walmart, Lowe's, Dick's Sporting Goods, Target, and numerous restaurants. The site offers convenient access to major roadways, including Routes 309/315 and I-81, ensuring high traffic volume and easy commutes. Zoning allows for a wide array of commercial and retail uses, making it ideal for development into a retail center, restaurant, fast-food establishment, car wash, service center, or financial institution. The property features direct access from Kidder Street and rear access to the mall's ring road, connecting to a traffic signal. With approximately 120,000 people residing within a 5-mile radius and proximity to the Mohegan Sun Casino and Arena, this location guarantees a substantial customer base. This is one of the last undeveloped parcels near the mall, representing a rare chance to capitalize on this high-demand area. The property is available for sale or ground lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,967,742
    Hospitality
    $15,542,361
    Educational
    $12,931,062
    Medical
    $13,375,781
    Retail
    $20,114,986
805 Kidder St, Wilkes-Barre, Pennsylvania

Location Insight

City
City Of Wilkes Barre
County
Luzerne
State
Pennsylvania
Latitude
41.2497
Longitude
-75.842
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
2023
$15,219
$614,000
-
$614,000
-
$614,000
-
$614,000

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