Industrial Land with
122 Mill Pond Road, Gilbert, PA 18331
For Sale
$649,000
Commercial Sale, Gilbert, PA
Property Size4,000 SF
Lot Size11.60 Acres
Price / SF$162.25
Days on Market156
Property Features for 122 Mill Pond Road
General Information
Property type
Property subtype
Zoning description
Lot features
Elementary school district
Middle school district
High school district
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Water source
Building Details
Year built
Floors in Building
Listing Agency:
TACM Commercial Realty Inc.
Listed By:
Daniel Lichty · License PA RS323839
(570) 801-6170
Added: Jun 8
Changed: Oct 8
Last Checked: Nov 10 at 10:06PM
MLS# PM-142510
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 11.6-acre industrial land offering includes a 1,600-square-foot house and 2,400 square feet of garages and barns. The property has level topography and is mostly cleared, while the existing buildings require work. The house has newer roofing and windows. A powerline easement crosses the site, and water service is provided by a well with septic serving the property.
Access is available from both Route 209 and Mill Pond Road. Located in Polk Township, the site includes Parcels 13.2.1.77 and 13.2.2.1. The stated zoning supports a broad range of retail, service, office, light industrial, warehouse, and other commercial or industrial uses. The combination of open land and existing improvements provides a flexible physical setup for a commercial operation with on-site structures.
Access is available from both Route 209 and Mill Pond Road. Located in Polk Township, the site includes Parcels 13.2.1.77 and 13.2.2.1. The stated zoning supports a broad range of retail, service, office, light industrial, warehouse, and other commercial or industrial uses. The combination of open land and existing improvements provides a flexible physical setup for a commercial operation with on-site structures.
Key Highlights
- 11.6‑acre industrial land site with mostly cleared, level topography
- 1,600‑square‑foot house plus 2,400 square feet of garages and barns
- Access from both Route 209 and Mill Pond Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,520
Cap Rate
7.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
$950.4K
Cap Rate 7%
$678,857
$678.9K
Cap Rate 9%
$528,000
$528.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$86.4K $21.60/SF
− Vacancy
−$10.4K −$2.59/SF
EGI
$76.0K $19.01/SF
− OpEx
−$28.5K −$7.13/SF
NOI
$47.5K $11.88/SF
Area
Monroe County, PA
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$950,400
Cap Rate 7%
$678,857
Cap Rate 9%
$528,000
Alternative Uses
Best Use
Office B
$897.9K
$785.7K – $1.05M
NOI $62,856 @ 7.0% cap · market cap 9.69%
Second Best
Mixed Use
$678.9K
$594.0K – $792.0K
NOI $47,520 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,808 @ 7.0% cap · market cap 12.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
75
Businesses Nearby
Explore this area
Business Placement
Demographics for 18331, PA
562
Population
297
Households
1.9
Avg Household Size
43
Median Age
9%
College-Educated
100%
High-School Grad
2.6 sq mi
ZIP Area
216
Density / Sq Mi
$276,800
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Industrial land - Mostly cleared commercial site with existing residential and accessory structures, roadway access, and well and septic service.
Where is this industrial land located?
The property is located at 122 Mill Pond Road Gilbert, PA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 11.6‑acre industrial land site with mostly cleared, level topography; 1,600‑square‑foot house plus 2,400 square feet of garages and barns; Access from both Route 209 and Mill Pond Road
