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Office Building with Parking
For Sale
$1,595,000

113 Pocono Drive, Milford, PA 18337

Commercial Sale, Milford, PA

Property Size5,054 SF
Lot Size2.53 Acres
Price / SF$315.59
Days on Market93

Property Features for 113 Pocono Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking 25
Parking features Parking Lot
Lot features Cleared, Rectangular Lot, Near General Business, Corner Lot
Elementary school district Delaware Valley
Middle school district Delaware Valley
High school district Delaware Valley
Directions Route 6 & 209 make left on Pocono Drive follow up to 113 Pocono Drive on right.
Standard status Active
APN 097.00-01-29.002
Lot size 2.53 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 23439

Utilities

Heating system Electric (Heating)

Building Details

Year built 1992
Floors in Building 1
Flooring type Concrete
Listing Agency: Davis R. Chant - Milford
Listed By: Kassey Renna
Added: Jul 23 Changed: Sep 29 Last Checked: Oct 23 at 6:06AM
MLS# PW-262455

Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Located at 113 Pocono Drive in Milford, Pennsylvania, this office property sits on 2.53 acres with Commercial zoning. The building was constructed in 1992 and includes concrete flooring, electric heating, and a parking lot.

The property is positioned just off Routes 6 and 209 in Milford, with a site configuration that includes surface parking. Its address is 113 Pocono Drive, Milford, PA 18337, in Pike County.

Key Highlights

  • Office property on a 2.53‑acre Commercial‑zoned site
  • Constructed in 1992
  • Concrete flooring throughout the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$62,088
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,760 $1.2M
Cap Rate 7%
$886,971 $887.0K
Cap Rate 9%
$689,867 $689.9K
Market Conditions
NOI Build-Up for 5,054 SF
Gross rent
$106.1K $21.00/SF
− Vacancy
−$23.3K −$4.62/SF
EGI
$82.8K $16.38/SF
− OpEx
−$20.7K −$4.10/SF
NOI
$62.1K $12.29/SF
Area
Pike County, PA
Vacancy
22.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,241,760
Cap Rate 7%
$886,971
Cap Rate 9%
$689,867

Alternative Uses

Best Use
Office B
$887.0K
$776.1K – $1.03M (±1% cap)
NOI $62,088 @ 7.0% cap · market cap 3.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.23M
$1.08M – $1.44M (±1% cap)
NOI $86,334 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Upper Delaware Valley ... Physician Tapen Elizabeth MD Physician Lo Kathy MD Physician

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Electrical Service Plumbing Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

134
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Commercial zoning, concrete flooring, electric heat, and a dedicated parking lot support the office configuration.
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: Office property on a 2.53‑acre Commercial‑zoned site; Constructed in 1992; Concrete flooring throughout the property
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