Office Building on
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 description
Commercial
Parking
25
Elementary school district
Delaware Valley
Middle school district
Delaware Valley
High school district
Delaware Valley
Subdivision
Milford Township
Standard status
Active
APN
097.00-01-29.002
Size
5,054 SF
Lot size
2.53 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
1 Comm 1.53 I (Lot 2) Building
Tax Annual Amount
23439
Legal Description
1 Comm 1.53 I (Lot 2) Building
Utilities
Heating system
Electric (Heating)
Building Details
Year built
1992
Floors in Building
1
Flooring type
Concrete
Listing Agency:
Davis R. Chant Real Estate - Milford
(570) 296-7717
Listed By:
Carly Longhenry
( ) 296-7717
Added: Jul 23
Changed: Oct 8
Last Checked: Oct 23 at 6:06AM
MLS# PM-143280
Copyright © 2026 Pocono Mountains Association of Realtors. 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.
This office building contains 5,054 square feet on a 2.53-acre parcel. Built in 1992, the property has concrete flooring and electric heating, with parking available on site and additional land that may support expansion.
The property is located at 113 Pocono Drive in Milford, Pennsylvania, near Route 6 and Route 209. Its stated use potential includes professional, retail, medical, dining, and distribution operations, providing flexibility for a range of commercial occupancies. The building and surrounding land offer a combination of existing improvements, parking, and expansion capacity.
The property is located at 113 Pocono Drive in Milford, Pennsylvania, near Route 6 and Route 209. Its stated use potential includes professional, retail, medical, dining, and distribution operations, providing flexibility for a range of commercial occupancies. The building and surrounding land offer a combination of existing improvements, parking, and expansion capacity.
Key Highlights
- 5,054‑square‑foot office building on a 2.53‑acre lot
- Located at 113 Pocono Drive, Milford, PA 18337
- Near Route 6 and Route 209
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
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
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
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Office property with parking and additional land for expansion.
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‑square‑foot office building on a 2.53‑acre lot; Located at 113 Pocono Drive, Milford, PA 18337; Near Route 6 and Route 209
