$8,750,000

For Sale

23 days ago

1300 Old Plank Rd, Mayfield, PA

Name: 1300 Old Plank Rd, For Sale in Mayfield - eXp Realty
Brand: Revolve Real Estate
SKU: SC263650
Price: 8750000 USD

House

MLS® SC263650

0 Bed

0 Bath

95455 sqft

268 Parking

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Commercial Sale

Size 95455 sqft

Garage Yes

Taxes $120,850

Days Active 23

Lot Size 7.5 Acres

Approx. Age 1973

Avg. Price Per Sqft $91

MLS® Number SC263650

Property Address: 1300 Old Plank Rd, Mayfield, PA, 18433-1973

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to acquire a state-of-the-art, institutional-grade commercial campus originally designed as an international research and conference center. The property is almost fully occupied by six A+ long-term tenants and offers strong in-place income with three vacancies providing immediate value-add potential. Stabilized NOI is projected at 890K supporting an anticipated stabilized cap rate of 10 percent.. The property was recently appraised at 9.4 million and is offered at an attractive basis of approximately 94/psf. Purpose-built for innovation, education and large-scale collaboration, the facility features an upscale cafeteria/restaurant, auditorium with classrooms, five laboratories with dedicated lab-support areas, three conference rooms, 35 enclosed offices, a library, production and projection rooms, loading dock and a beautifully restored greenhouse. The flexible configuration is well suited for research, healthcare, education, corporate, government, nonprofit, professional-service and light-industrial users.A recently completed energy-efficiency improvement exceeding 100K converted the property's lighting to LED, enhancing operational efficiency and reducing future capital needs.The 7+ acre campus includes approximately 268 paved parking spaces and a walking trail along the Lackawanna River, offering an amenity-rich environment for tenants, employees and visitors. Convenient highway access connects the property to the greater Northeastern Pennsylvania region.Positioned within a rapidly evolving corridor benefiting from expanding institutional, industrial, logistics and infrastructure investment, this area is poised for continued demand and long-term appreciation. The combination of specialized construction, diversified tenancy, below-replacement-cost pricing and significant upside makes this an exceptional acquisition opportunity.Contact Kate for link to more info and financials.

MLS® NumberSC263650

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1973

Basement

Driveway

Garage Spaces

HeatNatural Gas

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 25, 2026List Date

$8,750,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker