NOT LISTED FOR SALE

1 Commerce Rd Pittston, PA 18640

Estimated Value: $25,345,562

Studio
-- Bath
-- Sq Ft
27.12 Acres Lot

About This Home

This home is located at 1 Commerce Rd, Pittston, PA 18640 and is currently estimated at $25,345,562. 1 Commerce Rd is a home located in Luzerne County with nearby schools including Pittston City Intermediate Center, Pittston Area Middle School, and Pittston Area Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2025
Sold by
Stag Industrial Holdings Llc
Bought by
Skm One Commerce Lp
Current Estimated Value
$25,345,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,015,000
Outstanding Balance
$21,972,790
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,372,772

Purchase Details

Closed on
Sep 7, 2017
Sold by
Wip Pittston Lp
Bought by
Stag Industrial Holdings Llc

Purchase Details

Closed on
May 19, 2015
Sold by
Penguin Random House Llc
Bought by
Wip Pittston Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,840,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 13, 2015
Sold by
Eastern Industrial Development Company O
Bought by
Penguin Random House Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,840,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Skm One Commerce Lp $25,300,000 First American Title
Stag Industrial Holdings Llc $23,950,000 None Available
Wip Pittston Lp $6,695,372 Old Republic National Title
Penguin Random House Llc -- Old Republic National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Skm One Commerce Lp $22,015,000
Previous Owner Wip Pittston Lp $8,840,000
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $264,742 $10,636,200 $813,600 $9,822,600
2025 $263,729 $10,636,200 $813,600 $9,822,600
2024 $259,474 $10,636,200 $813,600 $9,822,600
2023 $259,475 $10,636,200 $813,600 $9,822,600
2022 $252,195 $10,636,200 $813,600 $9,822,600
2021 $249,535 $10,636,200 $813,600 $9,822,600
2020 $243,586 $10,636,200 $813,600 $9,822,600
2019 $241,520 $10,636,200 $813,600 $9,822,600
2018 $233,591 $10,636,200 $813,600 $9,822,600
2017 $228,175 $10,636,200 $813,600 $9,822,600
2016 -- $10,636,200 $813,600 $9,822,600
2015 -- $10,636,200 $813,600 $9,822,600
2014 -- $10,636,200 $813,600 $9,822,600
Source: Public Records

Map

Pennsylvania Luzerne County Pittston 18640

1 Commerce Rd, Pittston, PA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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