350 Laird StWilkes-Barre, PA 18702

  • Office buildings
  • 4.96 AC

Property Details for 350 Laird St

Lot size
4.96 AC
Property type
Office buildings
APN
50-H11S3-001-01K
APU
50H11S300101K

Description

This meticulously maintained, two-story Class B office building at 350 Laird Street in Wilkes-Barre, Pennsylvania offers 12,000 square feet of space in a multi-tenant configuration. Currently, 600 square feet of executive office space is immediately available. The building, constructed in 1985, boasts ample parking. Its convenient location in Luzerne County provides easy access to major transportation arteries, including I-81, the Pennsylvania Turnpike, the Cross Valley Expressway, and the Wilkes-Barre/Scranton International Airport. The building consists of one structure with a total of one suite. This presents a unique opportunity for businesses seeking a well-maintained and strategically located office space in a thriving Pennsylvania market. The property's address is 350 Laird Street, Wilkes-Barre, PA 18702. The building's zip code is 18702.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $49,789,332
    6.5%
    $45,959,384
    7%
    $42,676,568
  • Comparable approach

    Method
    Valuation
    Relative Method
    $26,016,450
    Geo Method
    $28,230,138
  • Alternative Use

    Use
    Valuation
    Residential
    $56,989,636
    Hospitality
    $52,202,200
    Educational
    $43,431,616
    Medical
    $44,925,296
    Retail
    $67,560,296

Location Insight

City
Plains
County
Luzerne
State
Pennsylvania
Latitude
41.258
Longitude
-75.8289
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
$28,842
$159,200
$918,700
$1,077,900
-
$159,200
$918,700
$1,077,900

FAQs

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