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Sathers Drive & Commerce Rd - GRIMES - GIP VENTURES 31.75 Acres of Industrial Land Offered at $3,950,000 in Pittston Township, PA 18640
INVESTMENT HIGHLIGHTS
- Grimes Industrial Park -Large tract (31.75 Acres) of industrial park land for development
- Industrial zoning , with approvals (all approvals and permits in hand) for 277,100 SF of new build.
- Major cities in New England and Mid-Atlantic are accessible within 5 hour drive time - makes for great East Coast logistics hub.
- Extensive frontage on Commerce Road and Sathers Drive
- Centrally located in Pennsylvania's Wyoming Valley along the I-81 corridor. I-80, PA Rte 476 Turnpike, I-84 are nearby
- Scranton/Wilkes Barre International Airport is less than 2 miles distant with daily jet service to major market hubs.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $3,950,000 | Property Subtype | Industrial |
| Sale Type | Owner User | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 31.75 AC |
| Property Type | Land | ||
| Zoning | INDUSTRIAL | ||
| Price | $3,950,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 31.75 AC |
| Zoning | INDUSTRIAL |
1 LOT AVAILABLE
Lot
| Price | $3,950,000 | Lot Size | 31.75 AC |
| Price Per AC | $124,409.45 |
| Price | $3,950,000 |
| Price Per AC | $124,409.45 |
| Lot Size | 31.75 AC |
+/- 31.75 Acres Development Land in Grimes Industrial Park. Significant road frontage on Commerce Road and Sathers Drive, the property enjoys a prominent location as a corner lot in Grimes Industrial Park, and excellent logistics value along I-81.
DESCRIPTION
One of the last big pieces of development land in an Industrial Park setting along the I-81 Corridor between Scranton and Wilkes Barre. Approved (all approvals and permits in hand) for up to 277,100 SF of new building.. Well located for logistics, this property is accessible from I-81 at Exit 178 and is less than 2 miles from the Wilkes Barre/Scranton International Airport. Neighbors in the industrial park include TJ Maxx Distribution Center, Boise Cascade, Natures Way, Fed Ex and more. Trees and vegetation have been removed.
PROPERTY TAXES
| Parcel Number | 15-E12-00A-12L-000 | Improvements Assessment | $0 |
| Land Assessment | $203,400 | Total Assessment | $203,400 |
PROPERTY TAXES
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