Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5155 Milford Rd East Stroudsburg, PA 18302

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $300,000

    Two acres ideal for retail or office with existing house.

    Property size:
    1,464 SF
    Lot size:
    2.00 Acres

    Property Features for 5155 Milford Rd

    General Information

    Standard status
    Active
    Size
    1,464 SF
    Lot size
    2.00 Acres

    Building Details

    Year built
    1948

    We can help!

    Listing Contact
    Margaret Hennemuth
    Source: Exitrealty

    Listing Agency: CLASSIC PROPERTIES Listing Agent: Margaret Hennemuth

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Prime Commercial Property with House

    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.
    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

    Nearby Similar for Sale

    • New
      $795,000
      Pending

      Multi-Tenant Office Building Investment

      East Stroudsburg multi-tenant office building with strong cash flow.
      37 Mill Creek Rd, East Stroudsburg, PA 18301
      View Details
    • $329,000
      2,400 SF

      East Stroudsburg Commercial Garage

      Well-maintained garage with three bays and ample parking.
      399 Oak St, East Stroudsburg, PA 18301
      View Details
    • $1,395,000
      11,094 SF

      Versatile Commercial Building, East Stroudsburg

      Two-story, 11,094 sq. ft. commercial building on 0.76 acres.
      110 N Courtland St, East Stroudsburg, PA 18301
      View Details
    • $399,900
      Pending

      East Stroudsburg Professional Office Building

      Professional office building in a high-traffic East Stroudsburg location.
      2275 Milford Rd, East Stroudsburg, PA 18301
      View Details
    • $329,000
      2,400 SF

      East Stroudsburg Commercial Garage

      Well-maintained garage with three bays in East Stroudsburg.
      399 Oak St, East Stroudsburg, PA 18301
      View Details
    • $125,000
      3,370 SF

      Turnkey Auto Repair Business

      Established auto repair business for sale on Route 209.
      2115 Milford Rd, East Stroudsburg, PA 18301
      View Details
    • $839,000
      3,500 SF

      Turn-Key Auto Repair Business

      Profitable auto repair business with real estate for sale.
      207 Dartmouth Dr, East Stroudsburg, PA 18301
      View Details
    • $675,000
      Pending

      East Stroudsburg Commercial Opportunity

      1.29-acre property with 5,450 sq.ft. building, high-traffic location.
      210 Independence Rd, East Stroudsburg, PA 18301
      View Details
    • $475,000
      2,912 SF

      East Stroudsburg Mixed-Use Building

      2,912 SF mixed-use building with office and apartment.
      364 N Courtland St, East Stroudsburg, PA 18301
      View Details
    • $494,000
      2,841 SF

      East Stroudsburg Multifamily Investment Opportunity

      Multifamily property near East Stroudsburg University with income potential.
      120 Ridgeway St, East Stroudsburg, PA 18301
      View Details
    • $300,000
      1,800 SF

      East Stroudsburg Duplex Investment Opportunity

      Charming 1902 duplex with strong rental potential in prime location.
      202 N Courtland St, East Stroudsburg, PA 18301
      View Details
    • $849,900
      8,750 SF

      EAST STROUDSBURG Office Building

      Commercial office building on 0.62 acres in EAST STROUDSBURG, PA.
      388 Chestnut St, East Stroudsburg, PA 18301
      View Details

    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 Rd 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.
    (570) 587-7000
    Request Owner's contact information
    5155 Milford Rd East Stroudsburg, PA 18302
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5155 Milford Rd
    East Stroudsburg, PA 18302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5155 Milford Rd East Stroudsburg, PA 18302
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Margaret Hennemuth
    Real Estate License ID: RS315158
    (570) 587-7000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!