Office Building with Ample
For Sale
$1,595,000
113 Pocono Drive, Milford, PA 18337
5,054 sq ft office building on a 2.53-acre lot near Route 6 and Route 209 with ample parking.
Property Size5,054 SF
Lot Size2.53 Acres
Price / SF$315.59
Days on Market9
Property Features for 113 Pocono Drive
General Information
Standard status
Active
Size
5,054 SF
Lot size
2.53 Acres
Property subtype
Business
Building Details
Building Size
5,054 SF
Year Built
1992
Listing Agency:
Davis R. Chant Real Estate - Milford
(570) 296-7717
Listed By:
Carly Longhenry · License #RS284995
Source:
Dpcomgroup
Added: Jul 23
Changed: Jul 26
Last Checked: Jul 26 at 8:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Davis R. Chant Real Estate - Milford
Investment Insights
Based on property information with market context.
This property features a 5,054 sq ft office building situated on a 2.53-acre lot. The site is designed to support a range of professional and business uses, with ample parking and room to expand for long-term flexibility.
The property is located in Milford, just off Route 6 & 209, providing straightforward access and strong roadway exposure. The building and site configuration make it well-suited for an owner-occupant or an organization looking for a versatile commercial footprint where parking and expansion space are important.
The property is located in Milford, just off Route 6 & 209, providing straightforward access and strong roadway exposure. The building and site configuration make it well-suited for an owner-occupant or an organization looking for a versatile commercial footprint where parking and expansion space are important.
Key Highlights
- 5,054 sq ft office building on a 2.53‑acre lot built in 1992
- Commercial property in Milford, just off Route 6 and Route 209
- Ample parking for customers and employees
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.1k | $21.00 |
| − Vacancy | −$23.3k | −$4.62 |
| EGI | $82.8k | $16.38 |
| − OpEx | −$20.7k | −$4.10 |
| NOI | $62.1k | $12.29 |
5,054 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$887.0K
$776.1K – $1.03M
NOI $62,088 @ 7.0% cap · market cap 3.89%
Second Best
Healthcare Medical
$860.7K
$753.1K – $1.00M
NOI $60,251 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M
NOI $86,334 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Explore this area
Business Placement
Demographics for 18337, PA
15,519
Population
7,615
Households
2
Avg Household Size
47
Median Age
33%
College-Educated
95%
High-School Grad
71.8 sq mi
ZIP Area
216
Density / Sq Mi
$89,935
Median Household Income
$48,022
Median Earnings
$1,507
Median Rent
$284,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 5,054 sq ft office building on a 2.53-acre lot near Route 6 and Route 209 with ample parking.
Where is this office building located?
The property is located at 113 Pocono Drive Milford, PA.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 5,054 sq ft office building on a 2.53‑acre lot built in 1992; Commercial property in Milford, just off Route 6 and Route 209; Ample parking for customers and employees
