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    611 Pa 611 Tobyhanna, PA 18466

    For Sale
    $199,900

    8.2 Acres, High Traffic Route 611

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional 8.2-acre commercial lot presents a remarkable investment opportunity in the thriving Tobyhanna, PA market. Boasting an impressive 1,500 feet of frontage on busy Route 611, just north of Mount Pocono, this property enjoys exceptional visibility and accessibility. The high traffic count of 6,400 vehicles per day ensures significant exposure for any business venture. Its strategic location offers convenient proximity to key transportation arteries, including Route 940 and 380, as well as the Mount Pocono Airport and the Pocono Mountains Corporate Center East. The versatility of allowable uses makes this land suitable for a wide range of commercial developments, catering to diverse business needs. This prime location, coupled with the substantial acreage and high traffic volume, presents a rare chance to establish a successful enterprise in a rapidly growing area. The asking price of $199,900 represents exceptional value for such a strategically located and sizable parcel. Don't miss this opportunity to secure a prominent position in the heart of the Pocono Mountains commercial landscape. The property's size and location offer significant potential for future growth and profitability. Serious inquiries are encouraged.

    Property Features for 611 Pa 611

    General Information

    Property type
    Other commercial real estate
    Lot Size
    360,241 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tobyhanna
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.39121
    Latitude
    41.16354

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    FAQs

    What type of property is this?
    Commercial real estate - 8.2 Acres, High Traffic Route 611
    Where is this commercial real estate located?
    The property is located at 611 Pa 611 Tobyhanna, PA.
    What is the asking price?
    The asking price for this property is $199,900.
    (570) 431-7400
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    611 Pa 611 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
    611 Pa 611 Tobyhanna, PA 18466
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