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

    CENTRAL PARK 32 & 28 Pocono Summit, PA 18346

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Pocono Summit, PA

    Lot size:
    0.41 Acres
    Added:
    Sep 18, 2025
    Days on Market:
    213
    Last Refresh:
    Apr 18 at 9:06 am

    Property Features for CENTRAL PARK 32 & 28

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    03.5.1.134
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lots 28 & 32 03635501186357 & 03635501187229
    Tax Annual Amount
    697

    We can help!

    Listing Contact
    Elzbieta Rosser
    Elzbieta Rosser

    Listing agent Elzbieta Rosser

    Listing office WEICHERT Realtors Acclaim - Tannersville 2920 Route 611, Tannersville, PA

    Listing date Sep 18, 2025

    MLS# PM-135954 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

    Land in Pocono Summit, PA

    Two adjacent lots, totaling 0.41 acres, are available in Pocono Summit, Pennsylvania. The location provides convenient access to New York City. The property is situated near Route 80, shopping centers, and Mt. Airy Casino. Several water parks, including Kalahari Resort, Camelbeach, and Aquatopia, are located within a short distance, as is the Camelback Skiing resort. State parks offer opportunities for water sports, hiking, fishing, and hunting. Both lots are being sold together. Prospective buyers are advised to contact local authorities to address any inquiries regarding land use and required permits.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Suggested Use

    Real Estate Agency Restaurant Building Supply Dental Office Law Firm Auto Repair Shop Hair Salon Nail Salon Pharmacy Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pocono Summit
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.383932
    Latitude
    41.125867

    Nearby Similar for Sale

    • $3,750,000
      41,160 SF

      Pocono Summit Commercial Building

      41,160 SF building on 10 acres in Pocono Summit.
      5357 Development Park Drive, Pocono Summit, PA 18346
      View Details
    • $10,000

      Buildable Lots in Amenity-Filled Community

      Four buildable lots in Pocono Mountains community with lake access.
      0 Shadblow Rd, Pocono Summit, PA 18346
      View Details
    • $1,200,000
      7,059 SF

      Pocono Summit Professional Office Building

      Two-story office building in Pocono Summit with flexible commercial zoning.
      2642 Route 940, Pocono Summit, PA 18346
      View Details
    • $10,000

      Lake-View Lot in Pocono Summit

      Rare 0.65 acre lot with lake views in Pocono Summit.
      504 Sylvan Lane, Pocono Summit, PA 18346
      View Details
    • $275,000
      2,912 SF

      Mixed-Use Investment in Pocono Summit

      C-3 zoned property with flexible use potential.
      159 Summit Avenue, Pocono Summit, PA 18346
      View Details
    • $11,900

      Residential Lot in StillWater Lake

      Wooded lot in StillWater Lake Estates, Pocono Summit, PA.
      357 Hemlock Drive, Pocono Summit, PA 18346
      View Details
    • $15,000

      Wooded Lot in Stillwater Estates

      Residential lot in Pocono Summit with community amenities.
      826 Laurel Road, Pocono Summit, PA 18344
      View Details
    • $11,000

      Pocono Summit Wooded Lot

      0.91-acre wooded lot in Stillwater Estates, Pocono Summit, PA.
      Laurel Road lot: 624, Pocono Summit, PA 18346
      View Details
    • $22,000

      Pocono Summit Lakeview Land

      Lakeview lot near Rt 80, shopping, and waterparks.
      433 HOLIDAY Drive, Pocono Summit, PA 18346
      View Details
    • $7,000

      Pocono Summit Wooded Lot

      0.45-acre wooded lot in gated community near Pocono attractions.
      Laurel Road lot: 623, Pocono Summit, PA 18346
      View Details
    • $18,000

      Land in Stillwater Lakes Estates

      Wooded land parcel in Stillwater Lakes Estates community.
      5120 Pine Tr Lane unit: 808,809, Tobyhanna Twp, PA 18346
      View Details
    • $18,000

      Wooded Lot in Stillwater Estates

      Vacant land ready for your dream home in gated community.
      Pine Tree rd 824, Pocono Summit, PA 18346
      View Details

    FAQs

    What type of property is this?
    Land - Two adjacent lots totaling 0.41 acres near attractions.
    Where is this land located?
    The property is located at CENTRAL PARK 32 & 28 Pocono Summit, PA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Two adjacent lots totaling 0.41 acres.; Easy access to NYC.; Close proximity to Rt 80 and shopping.
    (570) 629-6100
    We can help!
    Listing Contact
    Elzbieta Rosser
    Elzbieta Rosser
    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!