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    1586 Rt 507 Greentown, PA 18426

    Sponsored
    For Sale
    $975,000

    Large building, ample land, ideal location.

    Property size:
    26,148 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property, situated at 1586 Rt 507 in Greentown, Pennsylvania, presents a unique investment opportunity. Spanning 3.27 acres, the property boasts a substantial 26,148 square foot building, strategically located just 1.5 miles from Interstate 84's Exit 20, ensuring excellent accessibility and visibility. The building's versatile layout offers a diverse range of spaces to suit various business needs. The ground floor comprises a 5,490 square foot retail area, a 3,860 square foot former bank space, and over 7,000 square feet of warehouse space. The warehouse features impressive 19-foot high ceilings, a convenient loading dock, and a second drive-in entrance with a 14' x 14' door. Upstairs, the second floor provides 1,110 square feet of office space and an additional 7,600 square feet of storage space with 10-foot ceilings. Ample paved parking is available, and the property benefits from access via three different public roads. The absence of zoning restrictions in this township opens up a wide array of potential uses and allows for future expansion. This property is an excellent choice for businesses seeking a prominent location in the Northern Poconos region. The asking price is $975,000.

    Property Features for 1586 Rt 507

    General Information

    Property type
    Other commercial real estate
    Square Feet
    26,148 SF
    Lot Size
    142,441 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greentown
    County
    Pike
    State
    Pennsylvania
    Longitude
    -75.30672
    Latitude
    41.3217

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    FAQs

    What type of property is this?
    Commercial real estate - Large building, ample land, ideal location.
    Where is this commercial real estate located?
    The property is located at 1586 Rt 507 Greentown, PA.
    What is the asking price?
    The asking price for this property is $975,000.
    (570) 296-7717
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    1586 Rt 507 Greentown, PA 18426
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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
    1586 Rt 507 Greentown, PA 18426
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