Sign Up Successful!
You now have access to more from Realmo!
    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

    5 Wallenpaupack Dr Lake Ariel, PA 18436

    Sponsored
    For Sale
    Contact for pricing

    LAND - Lake Ariel, PA

    Lot size:
    0.29 Acres
    Days on Market:
    75
    Last Refresh:
    Jan 27 at 10:06 am

    Property Features for 5 Wallenpaupack Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    19-0-0029-0146
    Lot size
    0.29 Acres

    We can help!

    Listing Contact
    Ryan Edwards
    Ryan Edwards

    Davis R. Chant Real Estate, Inc. (570) 296-7717

    Listing agent Ryan Edwards (570) 470-2692

    Listing date Nov 14, 2025

    MLS# PW-253724

    Copyright © 2025 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.

    Learn more

    Property Insight Report

    Overview

    Residential Lot Near Lake Ariel

    This 0.29-acre residential lot is located in Lake Ariel, PA. The property is zoned for residential use and offers central sewer and water services. The level lot is suitable for building a home. Residents have access to amenities including indoor and outdoor pools, lakes, a clubhouse, and tennis courts. The property also provides access to Lake Wallenpaupack.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Restaurant Gym & Fitness Kitchen & Bath Bar & Pub Plumbing Service Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Ariel
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.29263
    Latitude
    41.396992

    Nearby Similar for Sale

    • $825,000
      Pending

      Versatile Live/Work Estate on 17 Acres

      Live/work property with two homes and commercial garage on 17 acres.
      1523 Mount Cobb Rd, Jefferson Twp, PA 18436
      View Details
    • $595,000
      1,210 SF

      Established Pizzeria with Creamery & Home

      Turn-key pizzeria, creamery, and 3-bedroom ranch on 4.86 acres.
      1148 Golf Park Dr, Lake Ariel, PA 18436
      View Details
    • $495,000
      7.50 Acres

      Lake Ariel Commercial Opportunity

      7.5 acres with 6,200 SF building on Route 590.
      732 Hamlin Hwy, Lake Ariel, PA 18436
      View Details
    • $998,000
      27.10 Acres

      Established Restaurant with Liquor License

      Turn-key restaurant for sale in Lake Ariel, Pennsylvania.
      2136 Lake Ariel Hwy, Lake Ariel, PA 18436
      View Details
    • $998,000
      5,080 SF

      Established Restaurant on 26 Acres

      Turn-key restaurant with liquor license and expansion potential.
      2136 Lake Ariel Hwy, Lake Ariel, PA 18436
      View Details
    • $279,000
      Pending

      Updated Duplex on Large Lot

      Income-producing duplex on 1.26 acres with recent updates.
      1309-1311 Golf Park Dr, Lake Ariel, PA 18436
      View Details
    • $850,000
      2.06 Acres

      Prime Commercial Building on Golden Mile

      Exceptional commercial building in downtown Hamlin with high visibility.
      606 Hamlin Hwy, Lake Ariel, PA 18436
      View Details
    • $1,792,500
      10,500 SF

      New Dollar Tree Investment Property

      New 10,500 SF Dollar Tree with long-term corporate lease.
      576 Hamlin Hwy, Lake Ariel, PA 18436
      View Details
    • $1,200,000
      5,080 SF

      Lake Ariel Restaurant - Turnkey Opportunity

      Established Restaurant, 27 Acres, Liquor License
      2136 Lake Ariel Hwy, Lake Ariel, PA 18436
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Level lot with amenities near Lake Wallenpaupack.
    Where is this residential land & home lot located?
    The property is located at 5 Wallenpaupack Dr Lake Ariel, PA.
    What is the asking price?
    The asking price for this property is $15,000.
    What are key features of this property?
    This property features: - Access to Lake Wallenpaupack; - Enjoy the **indoor and outdoor pools (total of 3)**; - Central sewer and water
    (570) 226-4518
    Request Owner's contact information
    5 Wallenpaupack Dr Lake Ariel, PA 18436
    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.
    5 Wallenpaupack Dr
    Lake Ariel, PA 18436
    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
    5 Wallenpaupack Dr Lake Ariel, PA 18436
    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

    We can help!
    Listing Contact
    Ryan Edwards
    Ryan Edwards
    Real Estate License ID: RS355814
    (570) 226-4518
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.