Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    113 Pocono Drive Milford, PA 18337

    View on Map
    For Sale
    $1,725,000

    COMMERCIAL - Milford, PA

    Type:Office
    Property size:
    5,054 SF
    Lot size:
    2.53 Acres
    Added:
    Jan 19, 2026
    Days on Market:
    74
    Last Refresh:
    Apr 3 at 8:06 am

    Property Features for 113 Pocono Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    Commercial
    Parking
    25
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    097.00-01-29.002 107485
    Size
    5,054 SF
    Lot size
    2.53 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    23003

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1992
    Floors in Building
    1
    Flooring type
    Concrete

    We can help!

    Listing Contact
    Kassey Renna

    Listing agent Kassey Renna License #RS366459

    Listing office Davis R. Chant - Milford 106 E. Harford Street, Milford, PA

    Listing date Jan 19, 2026

    MLS# PW-260116

    Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Milford Commercial Property

    This premier commercial property features a 5,054 sq ft building on a 2.53-acre lot. It is located in a prime Milford location just off Route 6 & 209, offering outstanding exposure and accessibility. The property's versatility makes it ideal for a wide range of professional, retail, medical, dining, or distribution uses. Ample parking and room to expand create long-term value and business flexibility. The zoning is commercial. The property is located in Pike County, in Milford, PA 18337.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Upper Delaware Valley ... Physician Tapen Elizabeth MD Physician Lo Kathy MD Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Pike
    State
    Pennsylvania
    Longitude
    -74.7813304
    Latitude
    41.3350172

    Nearby Similar for Sale

    • $475,000

      Commercial Property Near Milford Borough

      Commercial property on 3+ acres with high visibility.
      139 Route 6, Milford, PA 18337
      View Details
    • $69,000

      Milford, PA Land with Views

      3+ acre building lot with panoramic Tri-State area views.
      Highland Avenue lot: 68, Milford, PA 18337
      View Details
    • $17,000

      Milford, PA Corner Building Lot

      0.77 acre corner lot in amenity-filled Gold Key Lake.
      Northwynd Drive lot: 1, Milford, PA 18337
      View Details
    • $65,000

      Large Lot in Amenity-Rich Community

      1.8 acre lot near community amenities in Milford, PA.
      Witch Hazel Lane, Milford, PA 18337
      View Details
    • $19,000

      Residential Lot in Gold Key

      0.69 acre building lot in amenity-filled Gold Key Lake.
      N Ridge Drive lot: 30/31, Milford, PA 18337
      View Details
    • $21,000

      Residential Land in Conashaugh Lakes

      1.83 acre corner lot in Conashaugh Lakes, Milford, PA.
      5633 Flatbrook Way, Milford, PA 18337
      View Details
    • $395,000

      26 Acres Commercially Zoned Land

      26 acres of commercially zoned land in Milford, Pennsylvania.
      Route 6, Milford, PA 18337
      View Details
    • $1,500,000

      Prime Commercial Land Opportunity

      46 acres with highway frontage and development potential.
      320 Route 6, Milford, PA 18337
      View Details
    • $1,750,000

      Prime Commercial Acreage Near I-84

      44.78 acres with high visibility and frontage on I-84.
      247 Route 6, Milford, PA 18337
      View Details
    • $150,000

      Poconos Land with Creek

      6.03-acre Poconos land with Dwarfskill Creek, near Milford.
      Dwarfskill Court, Milford, PA 18337
      View Details
    • $49,900

      Residential Land in Amenity-Rich Community

      Buildable 1.76-acre residential parcel in Milford, PA.
      Oneida Way lot: 1622, Milford, PA 18337
      View Details
    • $79,000

      Prime Building Parcel in Milford

      5.18 acre building parcel in Milford Highlands community.
      Highland Avenue lot: 67, Milford, PA 18337
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial property in a prime location with versatile potential.
    Where is this commercial land located?
    The property is located at 113 Pocono Drive Milford, PA.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: Prime Milford location with outstanding exposure and accessibility off Route 6 & 209.; Versatile 5,054 sq ft building suitable for professional, retail, medical, dining, or distribution uses.; Large 2.53‑acre lot with ample parking.
    (570) 832-1114
    We can help!
    Listing Contact
    Kassey Renna
    Real Estate License ID: RS366459
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!