Commercial Flex and Office
113 Pocono Drive Milford, PA 18337
New
For Sale
$1,595,000
COMMERCIAL - Milford, PA
Property Size5,054 SF
Lot Size2.53 Acres
Price / SF$315.59
Days on Market1
Property Features for 113 Pocono Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 25
- 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
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 · License #RS284995
( ) 296-7717
Added: Jul 23
Last Checked: Jul 23 at 5:06PM
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.
Investment Insights
Based on property information with market context.
This commercial property includes a 5,054-square-foot building situated on a 2.53-acre lot. The site is designed to accommodate a range of commercial needs, with ample parking and room to expand for future business flexibility.
Located at 113 Pocono Drive in Milford, Pennsylvania, the property sits just off Route 6 and Route 209, supporting convenient access for customers and deliveries. Pike County location and the combination of building size, lot area, and exposure are positioned to support a variety of professional and commercial applications.
Located at 113 Pocono Drive in Milford, Pennsylvania, the property sits just off Route 6 and Route 209, supporting convenient access for customers and deliveries. Pike County location and the combination of building size, lot area, and exposure are positioned to support a variety of professional and commercial applications.
Key Highlights
- 5,054 SF commercial building on a 2.53‑acre lot
- Year built: 1992
- Electric heating system; concrete flooring
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Upper Delaware Valley ...
Physician
Tapen Elizabeth MD
Physician
Lo Kathy MD
Physician
FAQs
What type of property is this?
Flex space - Freestanding commercial building on a 2.53-acre lot with ample parking and flexible layout near Route 6 and Route 209.
Where is this flex space 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 SF commercial building on a 2.53‑acre lot; Year built: 1992; Electric heating system; concrete flooring
