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    Prime Commercial Property with House Title is generated by Realmo AI

    5155 Milford Road, East Stroudsburg, PA 18302

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    Claim this Listing
    For Sale
    $300,000

    Two acres ideal for retail or office with existing house.

    Type:Commercial/Industrial
    Property size:
    1,464 SF
    Lot size:
    2.00 Acres
    Price / SF:
    $204/SF
    Added:
    Feb 6, 2025
    Days on Market:
    496
    Last Refresh:
    May 19 at 9:47 pm

    Property Features for 5155 Milford Road

    General Information

    Standard status
    Active
    Size
    1,464 SF
    Lot size
    2.00 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1948

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    Listing Contact
    Margaret Hennemuth

    Listing agent Margaret Hennemuth License #RS315158

    Listing office CLASSIC PROPERTIES

    Listing date Feb 6, 2025

    Source Exitrealty

    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 CLASSIC PROPERTIES

    HighLights

    • 2 Acres of prime commercial property.
    • High‑traffic area location.
    • Ideal for retail, office space, or other commercial ventures.
    • Excellent visibility and accessibility.
    • Includes a 3‑bedroom house.
    • House suitable as a rental property.

    Overview

    This property features two acres of commercial land situated in a high-traffic area. The site offers excellent visibility and accessibility, making it suitable for retail, office space, or other commercial ventures. In addition to the land, the property includes a 1,464 square foot house. The house contains three bedrooms, a bathroom, and laundry facilities on the first floor. It features hardwood floors and is in need of some work, presenting the potential for use as a rental property once renovated.

    Local 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 $35.1k $24.00
    − Vacancy −$4.5k −$3.05
    EGI $30.7k $20.95
    − OpEx −$7.7k −$5.24
    NOI $23.0k $15.71
    1,464 SF · lease $24.00/SF/yr · vacancy 12.70% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $328.6K
    $287.6K – $383.4K (±1% cap)
    NOI $23,005 @ 7.0% cap · market cap 7.67%
    Second Best
    Retail
    $235.9K
    $206.4K – $275.2K (±1% cap)
    NOI $16,510 @ 7.0% cap · market cap 5.50%
    Theoretical Best
    Office A
    $438.2K
    $383.4K – $511.2K (±1% cap)
    NOI $30,674 @ 7.0% cap · market cap 10.22%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Auto Parts Store Pharmacy Hotel & Motel Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.08937
    Latitude
    41.05749

    FAQs

    What type of property is this?
    Commercial land - Two acres ideal for retail or office with existing house.
    Where is this commercial land located?
    The property is located at 5155 Milford Road East Stroudsburg, PA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 2 Acres of prime commercial property.; High‑traffic area location.; Ideal for retail, office space, or other commercial ventures.
    More about this property
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