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    674 Q-1 Tobyhanna, PA 18466

    For Sale
    Contact for pricing

    High-traffic retail space for lease.

    Property size:
    20,762 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 20,762 square foot commercial space, located at 674 Route 196, Unit 1 (Q-1), Tobyhanna, PA, presents a lucrative opportunity. Situated within the 65,000 square foot Carriage Square shopping center, a 16-unit complex, this property benefits from a strong anchor tenant, Rite Aid, and a diverse mix of established businesses including Family Dollar, H&R Block, a pizzeria, tobacco store, hair salon, and Chinese restaurant. The property enjoys a highly visible location at a lighted intersection, surrounded by the substantial Pocono Farms residential development, ensuring consistent foot traffic and high visibility. The strategic location offers easy access to a major intersection of State Routes 611, 940, and 196, just 3 miles to the south. With a current traffic count of 5,751 ADT along State Route 196, this property provides unparalleled exposure to a large potential customer base. The expansive 120.55-acre lot offers ample parking and potential for future expansion. This is an ideal location for a variety of commercial ventures seeking high visibility and strong community presence in a thriving area. The property is available for lease and offers significant potential for growth and profitability. Inquire today to learn more about this exceptional opportunity.

    Property Features for 674 Q-1

    General Information

    Property type
    Other commercial real estate
    Square Feet
    20,762 SF
    Lot Size
    5,251,158 SF

    Building Details

    Year Built
    1988
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Tobyhanna
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.35793
    Latitude
    41.17014

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      Prime Tobyhanna Commercial Space

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    FAQs

    What type of property is this?
    Commercial real estate - High-traffic retail space for lease.
    Where is this commercial real estate located?
    The property is located at 674 Q-1 Tobyhanna, PA.
    What is the asking price?
    The asking price for this property is $10.
    (570) 213-4900
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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 Q-1 Tobyhanna, PA 18466
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