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    674 Route 196 Tobyhanna, PA 18466

    For Sale
    Contact for pricing

    Prime Retail Space, High Traffic Area

    Property size:
    1,025 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1,025 square foot commercial space is available for lease in the thriving Carriage Square shopping center in Tobyhanna, PA. Located in Unit Q1-B at 674 Route 196, this property benefits from its position within a 16-unit, 65,000 square foot neighborhood shopping center anchored by a Rite Aid. The diverse tenant mix includes established businesses such as Family Dollar, H&R Block, Subway, a pizzeria, a tobacco store, a hair salon, and a Chinese restaurant, creating a strong synergy and high foot traffic. The property enjoys excellent visibility at a well-lit intersection, surrounded by the substantial Pocono Farms residential development, ensuring a consistent flow of potential customers. Its strategic location offers easy access for residents and visitors alike. The property sits just three miles north of the major five-point intersection of State Routes 611, 940, and 196, further enhancing its accessibility and exposure. With a current traffic count of 5,751 ADT along State Route 196, this space presents a significant opportunity for businesses seeking a high-traffic location within a well-established commercial center. The property sits on a 120.55-acre lot. The asking price is $12 (presumably million, though the provided data does not specify the unit). This is an ideal location for a variety of commercial uses. Inquire today to learn more about this outstanding leasing opportunity.

    Property Features for 674 Route 196

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,025 SF
    Lot Size
    5,251,158 SF

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Realty agency Pharmacy Hotel & Motel HVAC Service Travel Agency Computer & Electronic Repair Cosmetics Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Tobyhanna
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.35891
    Latitude
    41.17075

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Retail Space, High Traffic Area
    Where is this commercial real estate located?
    The property is located at 674 Route 196 Tobyhanna, PA.
    What is the asking price?
    The asking price for this property is $12.
    (570) 213-4900
    Request Owner's contact information
    674 Route 196 Tobyhanna, PA 18466
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    Realmo Value Estimation

    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.

    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.

    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
    674 Route 196 Tobyhanna, PA 18466
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