Building Details

Year built 1927

Floors in Building 3

Listing Agency: CENTURY 21 Select Group - Blakeslee · Century 21 Real Estate m***@century21.com Show Phone

Listed By: John Dale Briggs Show Phone

Added: Apr 23 Changed: Aug 20 Last Checked: Aug 29 at 12:06PM

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MLS# PM-140617

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.

Investment Insights

Based on property information with market context.

Built in 1927, this commercially zoned mixed-use property spans 6,860 square feet on 0.79 acres and includes three separate structures. The primary building contains first-floor office or commercial space, along with a five-bedroom, 1.5-bath apartment arranged across the upper two floors. A walk-out basement adds storage area. A separate two-story cabin has a new roof, while the additional building provides further space within the overall compound. Recent improvements include fresh paint and carpeting in the main building, roof updates, and paving work in the parking lot.

The property is located in Pocono Pines near Lake Naomi, Pinecrest Lake, and Kalahari Resort. It may be delivered vacant, with lease terms subject to negotiation.

Key Highlights

• 6,860‑square‑foot mixed‑use property on 0.79 acres
• Three separate structures, including a main building, additional building, and two‑story cabin
• Main building includes a five‑bedroom, 1.5‑bath apartment

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

$61,477

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

9.11%

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%

$1,229,540 $1.2M

Cap Rate 7%

$878,243 $878.2K

Cap Rate 9%

$683,078 $683.1K

Market Conditions

NOI Build-Up for 6,860 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

$116.1K $16.92/SF

− Vacancy

−$4.3K −$0.63/SF

EGI

$111.8K $16.29/SF

− OpEx

−$50.3K −$7.33/SF

NOI

$61.5K $8.96/SF

Area

Monroe County, PA

Vacancy

3.70%

Lease Rate

$16.92 /SF/Yr

Expense Ratio

45.00%

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%

$1,229,540

Cap Rate 7%

$878,243

Cap Rate 9%

$683,078

Alternative Uses

Best Use

Office B

$1.54M

$1.35M – $1.80M (±1% cap)

NOI $107,798 @ 7.0% cap · market cap 15.97%

Second Best

Mixed Use

$1.16M

$1.02M – $1.36M (±1% cap)

NOI $81,497 @ 7.0% cap · market cap 12.07%

Theoretical Best

Office A

$2.05M

$1.80M – $2.40M (±1% cap)

NOI $143,731 @ 7.0% cap · market cap 21.29%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Jerry F. Hanna Law Firm Century 21 Select ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

98

Businesses Nearby

Explore this area Business Placement

Demographics for 18350, PA

1,837

Population

1,967

Households

0.9

Avg Household Size

54

Median Age

36%

College-Educated

81%

High-School Grad

5.8 sq mi

ZIP Area

317

Density / Sq Mi

$109,058

Median Household Income

$90,750

Median Earnings

$218,000

Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - 1927-built property combines office space, an apartment, a cabin, and additional basement area.

Where is this mixed-use property located?

The property is located at 5119 Pocono Crest Road Pocono Pines, PA.

What is the asking price?

The asking price for this property is $675,000.

What are key features of this property?

This property features: 6,860‑square‑foot mixed‑use property on 0.79 acres; Three separate structures, including a main building, additional building, and two‑story cabin; Main building includes a five‑bedroom, 1.5‑bath apartment