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

    301 Tommys Lane Pocono Lake, PA 18347

    View on Map
    Claim this Listing
    New
    For Sale
    $39,900

    LAND - Pocono Lake, PA

    Lot size:
    0.38 Acres
    Added:
    May 4, 2026
    Days on Market:
    2
    Last Refresh:
    May 5 at 12:06 am

    Property Features for 301 Tommys Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Vegetation
    Partially Wooded
    Standard status
    Active
    APN
    19.11A.1.168
    Lot size
    0.38 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 301 Sec F
    Tax Annual Amount
    667

    Utilities

    Sewer type
    Mound Septic
    Water source
    Well Needed

    We can help!

    Listing Contact
    Cindy L Knecht

    Listing agent Cindy L Knecht

    Listing office Carr Realty of the Poconos PO Box 171, Tannersville, PA

    Listing date May 4, 2026

    MLS# PM-140968 Listing URL

    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.

    Overview

    Pocono Lake Corner Lot

    This 0.38-acre corner lot is located in Locust Lake Village, Pocono Lake, Pennsylvania. The flat and wooded parcel is ideally situated close to the lakes and all community amenities. A septic system is already installed with a permit in place for a 3-bedroom home. The property is suitable for building a full-time residence, vacation retreat, or investment property. Locust Lake Village amenities include lakes, beaches, and recreation areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Big Box & Wholesale Store Gym & Fitness Center Kitchen & Bath Showroom Hotel & Motel Plumbing Service Travel Agency Restaurant Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Pocono Lake
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.546895
    Latitude
    41.141195

    Nearby Similar for Sale

    • $65,000

      Lakeview Lot in Arrowhead Lake

      Residential lot with lake view and community amenities.
      25 N Arrow Drive, Pocono Lake, PA 18347
      View Details
    • $9,000

      Land in Arrowhead Lake Community

      Wooded lot in amenity-filled Arrowhead Lake community, near Pocono attractions.
      2287 Locust Ridge Road, Tobyhanna Twp, PA 18347
      View Details
    • $23,000

      Pocono Lake Land For Sale

      1.13-acre lot in Riverside Estates, near Lehigh River.
      1127 Riverside Heights W, Pocono Lake, PA 18347
      View Details
    • $35,000

      Pocono Lake Wooded Lot

      0.52-acre wooded lot in Locust Lake Village, Poconos.
      803 Selig Rd, Pocono Lake, PA 18347
      View Details
    • $35,000

      Pocono Lake Wooded Lot

      0.48-acre wooded lot in Locust Lake Village, Poconos.
      804 Selig Road, Pocono Lake, PA 18347
      View Details
    • $14,000

      Pocono Lake Wooded Lot

      0.45-acre lot near Pilgrim Lake with community amenities.
      Beaver Run Road lot: 1011, Pocono Lake, PA 18347
      View Details
    • $39,900

      Pocono Lake Building Lot

      0.84-acre wooded lot in Camelot Forest, Pocono Lake, PA.
      Sir Jeoffrey Ct 199, Pocono Lake, PA 18347
      View Details
    • $825,000
      3,294 SF

      Pocono Lake Four-Plex For Sale

      Four-plex near attractions with steady tenants in Pocono Lake.
      915 Pennsylvania Route 940, Pocono Lake, PA 18347
      View Details
    • $25,000

      Land in Arrowhead Lake

      Wooded lot in amenity-filled Arrowhead Lake, Pocono Lake, PA.
      Croasdale Ct 22, Pocono Lake, PA 18347
      View Details
    • $10,000

      Pocono Lake Land Opportunity

      Vacant land near the lake with community amenities.
      6 Orono Drive, Pocono Lake, PA 18347
      View Details
    • $9,950

      Land in Arrowhead Lake

      Vacant lot in amenity-rich Arrowhead Lake community.
      Delaware Trail A 2, Pocono Lake, PA 18347
      View Details
    • $10,000

      Land Near Pocono Lake

      Residential lot near lake with community amenities and rental potential.
      6 ORONO Drive, POCONO LAKE, PA 18347
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Prime corner lot in Locust Lake Village with septic system.
    Where is this residential land & home lot located?
    The property is located at 301 Tommys Lane Pocono Lake, PA.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: Septic system already installed with permit for 3‑bedroom home.; Prime corner lot in desirable Locust Lake Village.; Ideally located close to lakes and all community amenities.
    (570) 629-3661
    We can help!
    Listing Contact
    Cindy L Knecht
    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

    Thank You for Inquiry
    301 Tommys Lane, Pocono Lake, PA 18347
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!