300 Laird StWilkes-Barre, PA 18702

Property Details for 300 Laird St

Lot size

0.87 AC

Property type

Office buildings

APN

50-H11S3-001-04C

APU

50H11S300104C

Description

This exceptional 11,000 square foot flex space is part of the Laird Street Complex, a well-maintained industrial property located at 300 Laird Street, Wilkes-Barre, PA 18702. The building, constructed in 1970 and classified as Class B, offers a total of 52,800 square feet of industrial and flex space. This single-tenant opportunity provides ample space for a variety of businesses. The property boasts 353 parking spaces, ensuring convenient access for employees and clients. The zoning is commercial, and the property is situated in the Northeast Pennsylvania submarket, specifically within the I-81 corridor, offering excellent access to major transportation routes. The property's APN is 50-H11S3-001-04C, and it's located in Luzerne County. The available space is ideal for businesses requiring a blend of warehouse and office space, providing flexibility for various operational needs. This is a rare opportunity to secure a substantial space in a well-established industrial complex with convenient access and ample parking. Don't miss out on this prime location in a thriving commercial area.

• CAP approach

  CAP return

  Valuation

  6%

  $8,733,877

  6.5%

  $8,062,040

  7%

  $7,486,180

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,563,782

  Geo Method

  $4,951,622

• Alternative Use

  Use

  Valuation

  Residential

  $9,996,930

  Hospitality

  $9,157,134

  Educational

  $7,618,628

  Medical

  $7,880,644

  Retail

  $11,851,200

Location Insight

City

Wilkes Barre

County

Luzerne

State

Pennsylvania

Latitude

41.2576

Longitude

-75.8268

CBSA code

42540

CBSA name

SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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