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    Route 715 Reeders, PA 18352

    Sponsored
    For Sale
    $1,200,000

    Medical Building & Home on 2.92 Acres

    Property size:
    7,017 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional investment opportunity encompasses a 7,017 square foot commercial medical building situated on a 2.92-acre lot in Reeders, PA. Currently occupied by a long-term tenant under a triple-net (NNN) lease, the building generates a substantial annual net income exceeding $47,000. The property also includes a charming, two-bedroom, two-bathroom single-family home, conveniently zoned for commercial use. This residence boasts a spacious kitchen, a recreation room, attractive hardwood flooring, and a large sunroom, presenting versatile possibilities for expansion or alternative uses. The combined parcels offer significant road frontage, totaling 626 feet along the busy Route 715, ensuring high visibility and accessibility. This property presents a rare blend of income-generating potential and flexible future development options, making it an attractive investment for discerning buyers. The location on Route 715 provides excellent exposure to a high volume of traffic. The combination of the established medical building and the versatile single-family home creates a unique opportunity for immediate income and future growth. The substantial acreage and extensive road frontage offer significant potential for expansion or redevelopment. This property is priced at $1,200,000.

    Property Features for Route 715

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,017 SF
    Lot Size
    127,195 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Reeders
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.33428
    Latitude
    41.02136

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    FAQs

    What type of property is this?
    Commercial real estate - Medical Building & Home on 2.92 Acres
    Where is this commercial real estate located?
    The property is located at Route 715 Reeders, PA.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (570) 424-8850
    Request Owner's contact information
    Route 715 Reeders, PA 18352
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    Route 715
    Reeders, PA 18352
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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
    Route 715 Reeders, PA 18352
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