For Sale
$475,000
2021 Reservoir Road, Madison Twp, PA 18444
Commercial Sale, Madison Twp, PA
Property Size1,676 SF
Lot Size0.90 Acres
Price / SF$283.41
Days on Market15
Property Features for 2021 Reservoir Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MUZ
Parking
15
Parking features
Garage, Off Street
Exterior features
Garden, Private Yard, Storage
Lot features
Private
Elementary school district
North Pocono
Middle school district
North Pocono
High school district
North Pocono
Directions
US 11 South. Continue on US 11 South. Merge onto I-81 North toward Binghamton. Take exit 202 for PA-307 toward Daleville/Moscow. Turn right onto PA-307 North. Turn left onto Reservoir Road. Arrive at 2021 Reservoir Road.
Standard status
Active
APN
19101010010
Size
1,676 SF
Lot size
0.90 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4367
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Propane (Heating), Forced Air, Baseboard, Electric (Heating), Oil
Water source
Well
Building Details
Year built
1971
Floors in Building
1
Number of units
3
Flooring type
Laminate, Linoleum, Tile, Concrete, Wood
Building materials
Aluminum Siding, Steel Siding, Block
Roof type
Metal, Shingle
Additional Structures
Storage
Listing Agency:
Keller Williams Real Estate-Clarks Summit · Keller Williams Realty
(570) 585-5800
Listed By:
The Bill Chupko Team · License #RS336156
(570) 588-8030
Added: Aug 15
Changed: Aug 26
Last Checked: Aug 29 at 4:06AM
MLS# SC264041
Copyright © 2026 Greater Scranton Board 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.
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
$16,970
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
3.57%
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%
$339,400
$339.4K
Cap Rate 7%
$242,429
$242.4K
Cap Rate 9%
$188,556
$188.6K
Market Conditions
NOI Build-Up for 1,676 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
$30.2K $18.00/SF
− Vacancy
−$3.0K −$1.80/SF
EGI
$27.2K $16.20/SF
− OpEx
−$10.2K −$6.07/SF
NOI
$17.0K $10.13/SF
Area
Lackawanna County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
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%
$339,400
Cap Rate 7%
$242,429
Cap Rate 9%
$188,556
Alternative Uses
Best Use
Mixed Use
$242.4K
$212.1K – $282.8K
NOI $16,970 @ 7.0% cap · market cap 3.57%
Second Best
Retail
$225.0K
$196.9K – $262.5K
NOI $15,750 @ 7.0% cap · market cap 3.32%
Theoretical Best
Office A
$425.4K
$372.2K – $496.3K
NOI $29,778 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
Demographics for 18444, PA
13,540
Population
5,954
Households
2.3
Avg Household Size
46
Median Age
33%
College-Educated
94%
High-School Grad
105.1 sq mi
ZIP Area
129
Density / Sq Mi
$84,919
Median Household Income
$49,188
Median Earnings
$1,015
Median Rent
$249,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
Where is this mixed-use property located?
The property is located at 2021 Reservoir Road Madison Twp, PA.
What is the asking price?
The asking price for this property is $475,000.
