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    705 Cochecton Tpke Tyler Hill, PA 18469

    Sponsored
    For Sale
    $799,000

    COMMERCIAL - Tyler Hill, PA

    Lot size:
    5.17 Acres
    Days on Market:
    308
    Last Refresh:
    Feb 3 at 11:06 am

    Property Features for 705 Cochecton Tpke

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Commercial
    APN
    07-0-0020-0018
    Parking
    20
    Parking features
    Garage, Driveway, RV, Oversize, Open, Parking Lot
    Exterior features
    Private Entrance, Storage
    Dock
    1
    Lot size
    5.17 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Heating system
    Forced Air, Propane (Heating)
    Cooling system
    Zoned, Electric, Multi Units
    Water source
    Well, Private

    Building Details

    Year built
    1988
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Wood, Laminate, Tile, Concrete
    Building materials
    Metal Siding, Steel Siding
    Roof type
    Metal
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Dominique P Jenkins

    Keller Williams Realty Hudson Valley United (845) 610-6065

    Listing agent Dominique P Jenkins (973) 293-0085

    Listing date Apr 2, 2025

    MLS# PW-250727 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

    Property Insight Report

    Overview

    Tyler Hill Commercial Live/Work Space

    This large metal industrial building in Tyler Hill, PA, presents various opportunities for a buyer. The property features 16-foot ceilings and ample space, suitable for artists, light industry, foundries, farming, and trucking. It includes a 3-bedroom, 1-bathroom apartment on the first floor, along with upstairs offices that have a conference room and kitchen. This setup makes it an excellent live/work space or an additional income opportunity. The building is equipped with one loading dock and two large garage door bays. The property is located in Wayne County, PA, approximately 2 1/2 hours from NYC, surrounded by farms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ProJan Custom Flooring Carpet & Flooring Store ProJan Cleaning & Restoration Hardware & Home Improvement Five Star Carpet ... Carpet Cleaning Service

    Suggested Use

    Building Supply Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Tyler Hill
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.167472
    Latitude
    41.70025

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    • $799,000
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      Versatile Industrial Building with Live/Work

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      705 Cochecton Tpke, Tyler Hill, PA 18469
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    FAQs

    What type of property is this?
    Warehouse - Large industrial building with apartment, offices, loading dock, garage bays.
    Where is this warehouse located?
    The property is located at 705 Cochecton Tpke Tyler Hill, PA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Large industrial metal building with **16-foot ceilings** suitable for various uses.; - Includes a **3-bedroom, 1-bathroom apartment** for live/work or rental income.; - Features upstairs offices with a conference room and kitchen.
    (917) 476-5216
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    705 Cochecton Tpke Tyler Hill, PA 18469
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    Tyler Hill, PA 18469
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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
    705 Cochecton Tpke Tyler Hill, PA 18469
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    We can help!
    Listing Contact
    Dominique P Jenkins
    Real Estate License ID: RSR004003
    (917) 476-5216
    Learn more
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