This single-story, 52,500-square-foot industrial building in Wilkes-Barre, PA, offers a unique opportunity. Located in the Northeast Pennsylvania I-81 corridor, this Class C property boasts 18,750 square feet of immediately available space. Built in 1972 and renovated in 1982, the building features 23'-30' ceiling heights, perfect for various industrial uses. The property includes 20 loading docks and 2 drive-ins, ensuring efficient material handling. Power is supplied by a 400 amp, 3-phase, 120/240-volt system. Situated on 56.88 acres, the property is zoned for industrial use and is conveniently located at 1 Passan Dr, Korn Krest, PA 18702. The building is divided into two suites, offering flexibility for multiple tenants. While elevators are not present, the single-story design facilitates easy access. This prime location within the I-81 corridor provides excellent access to major transportation routes. The property's size and features make it ideal for manufacturing and warehousing operations. This is a rare opportunity to acquire a substantial industrial property in a thriving market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$97,315,032
Hospitality
$89,140,040
Educational
$74,163,472
Medical
$76,714,064
Retail
$115,365,400
Location Insight
City
Wilkes Barre
County
Luzerne
State
Pennsylvania
Latitude
41.2929
Longitude
-75.802
CBSA code
42540
CBSA name
SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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