Two-Story Flex Building with
For Sale
$1,200,000
110 N Courtland Street, East Stroudsburg, PA 18301
COMMERCIAL - East Stroudsburg, PA
Property Size11,094 SF
Lot Size0.56 Acres
Price / SF$108.17
Days on Market174
Property Features for 110 N Courtland Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Subdivision
East Stroudsburg Borough
Standard status
Active
APN
05-4.1.5.12
Size
11,094 SF
Lot size
0.56 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
33747
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
showroom
private offices
service/garage area
overhead doors
lift
Building Details
Year built
1990
Floors in Building
2
Listing Agency:
SER Commercial Real Estate, LLC
(570) 431-7400
Listed By:
George Vlamis · License #RS278068
(570) 431-7400
Added: Feb 24
Changed: Aug 4
Last Checked: Aug 17 at 8:06AM
MLS# PM-139053
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story flex property contains 11,094 square feet and was built in 1990. The interior includes a showroom, private offices, and a service area with 20-foot ceilings. Four bays feature 10' x 12' overhead doors, while a 4,000-lb. lift provides access to an expansive second floor. The building was originally configured for automotive operations and includes public water and public sewer.
Commercial zoning supports a range of stated use possibilities, including retail, showroom, office, medical, fitness, and mixed-use concepts. The property is located in East Stroudsburg, Pennsylvania, and provides approximately 30 vehicle parking spaces. Traffic counts exceed 15,000 vehicles per day.
Commercial zoning supports a range of stated use possibilities, including retail, showroom, office, medical, fitness, and mixed-use concepts. The property is located in East Stroudsburg, Pennsylvania, and provides approximately 30 vehicle parking spaces. Traffic counts exceed 15,000 vehicles per day.
Key Highlights
- 11,094‑square‑foot, two‑story flex building constructed in 1990
- Showroom with private offices plus service and garage areas
- Service area offers 20‑foot ceilings and four overhead‑door bays
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$77,603
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,552,060
$1.6M
Cap Rate 7%
$1,108,614
$1.1M
Cap Rate 9%
$862,256
$862.3K
Market Conditions
NOI Build-Up for 11,094 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$126.5K $11.40/SF
− Vacancy
−$7.1K −$0.64/SF
EGI
$119.4K $10.76/SF
− OpEx
−$41.8K −$3.77/SF
NOI
$77.6K $7.00/SF
Area
Monroe County, PA
Vacancy
5.60%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,552,060
Cap Rate 7%
$1,108,614
Cap Rate 9%
$862,256
Alternative Uses
Best Use
Retail
$1.79M
$1.56M – $2.09M
NOI $125,107 @ 7.0% cap · market cap 10.43%
Second Best
Flex RnD
$1.11M
$970.0K – $1.29M
NOI $77,603 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$3.32M
$2.91M – $3.87M
NOI $232,441 @ 7.0% cap · market cap 19.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20 ft
Clear height
4
Service bays
15,000 VPD
Traffic count
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial space combines showroom, office, service, and garage areas with public utilities and approximately 30 parking spaces.
Where is this flex space located?
The property is located at 110 N Courtland Street East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 11,094‑square‑foot, two‑story flex building constructed in 1990; Showroom with private offices plus service and garage areas; Service area offers 20‑foot ceilings and four overhead‑door bays
