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    647 Rt 739 Lords Valley, PA 18428

    Sponsored
    For Sale
    $749,000

    SINGLE_FAMILY - Lords Valley, PA

    Type:Office
    Property size:
    2,500 SF
    Lot size:
    2.11 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 6 at 3:06 pm

    Property Features for 647 Rt 739

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Basement
    APN
    091.00-01-57 034904
    Basement
    Walk-Out Access, Unfinished
    Size
    2,500 SF
    Lot size
    2.11 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1975
    Floors in Building
    2
    Flooring type
    Tile, Carpet
    Roof type
    Shingle, Asphalt

    We can help!

    Listing Contact
    Eric James Ehrhardt

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

    Listing agent Eric James Ehrhardt (570) 226-4518

    Listing date Feb 6, 2026

    MLS# PW-260230 Listing URL

    Copyright © 2026 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

    Overview

    Commercial Space Near I-84 Exit

    This commercial property offers a versatile opportunity on 2.11 acres, conveniently located 0.5 miles from Exit 34 on I-84 and 0.5 miles from the main entrance of Hemlock Farms, a community of over 3,000 homes. The main building provides nearly 2,500 square feet of flexible office and commercial space. The property benefits from a high-traffic location, with 4,100 cars passing daily, and is within a 15-minute radius of multiple large residential communities. The building features a functional layout that includes multiple private offices, a reception area, conference rooms, showroom space, ample storage, and a small commercial kitchen. This layout makes it suitable for professional offices, service businesses, medical facilities, contractors, or showroom-based operations. Additionally, there are two separate garages: one approximately 519 square feet with a loading dock, 12-foot ceilings, and an 8-foot by 8-foot garage door, and another 1,553 square feet with 16-foot ceilings and a 12-foot by 12-foot door, ideal for equipment storage, vehicles, or operational workspace. The current owner is installing a new HVAC system prior to closing. Currently occupied by a building company relocating locally, the property presents a turnkey opportunity for the next owner. With its generous acreage, proximity to major roadways, and access to a substantial residential base, this property offers outstanding potential for a wide range of commercial uses.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Lords Valley
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.067496
    Latitude
    41.373141

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office space - Versatile commercial building on 2.11 acres near I-84.
    Where is this office space located?
    The property is located at 647 Rt 739 Lords Valley, PA.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: - Prime Location: Just 0.5 miles from I-84 (Exit 34) and Hemlock Farms entrance.; - Versatile Commercial Space: Nearly 2,500 sq ft main building suitable for various businesses.; - Two Garages: Includes a 519 sq ft garage with loading dock and a **1,553 sq ft garage with 16' ceilings.**
    (570) 226-4518
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    647 Rt 739 Lords Valley, PA 18428
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    Lords Valley, PA 18428
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    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
    647 Rt 739 Lords Valley, PA 18428
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    We can help!
    Listing Contact
    Eric James Ehrhardt
    (570) 226-4518
    Learn more
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