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

    1874 Lake Ariel Highway Lake Ariel, PA 18436

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $75,950

    Land with extensive road frontage on two hardtop roads.

    Type:Land / Unimproved Land
    Added:
    Jan 18, 2024
    Days on Market:
    821
    Last Refresh:
    Mar 13 at 1:24 pm

    Property Features for 1874 Lake Ariel Highway

    General Information

    Standard status
    Active
    Property subtype
    Land / Unimproved Land

    We can help!

    Listing Contact
    Sherrie L Miller
    Sherrie L Miller

    Listing agent Sherrie L Miller License #RM423823

    Listing office Keller Williams Real Estate-Clarks Summit

    Listing date Jan 18, 2024

    Source Compass

    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 Keller Williams Real Estate-Clarks Summit

    Overview

    Level Land with Road Frontage

    This property features level land with road frontage on two hardtop roads. It offers 755 feet of road frontage on State Highway 191 and 831 feet of road frontage on Stock Farm Road. The property has been perc tested.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Restaurant Building Supply Hotel & Motel Storage Facility Garden Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lake Ariel
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.3437044
    Latitude
    41.4711817

    Nearby Similar for Sale

    • $595,000
      1,210 SF

      Established Pizzeria with Creamery & Home

      Turn-key pizzeria, creamery, and 3-bedroom ranch on 4.86 acres.
      1148 Golf Park Drive, Lake Ariel, PA 18436
      View Details
    • $4,000

      Lake Ariel Land Opportunity

      0.34 acre lot with community amenities near Lake Wallenpaupack.
      ANDROMEDA CIR lot: 12, LAKE ARIEL, PA 18436
      View Details
    • $4,000

      Lake Ariel Land Opportunity

      0.34 acre lot with community amenities near Lake Wallenpaupack.
      ANDROMEDA CIR lot: 207, LAKE ARIEL, PA 18436
      View Details
    • $44,000

      Lake Ariel Waterview Building Lot

      Rare opportunity to build near Lake Wallenpaupack with lake access.
      Quaking Aspen Lane, Lake Ariel, PA 18436
      View Details
    • $270,000

      20.09 Acres Near Lake Wallenpaupack

      Two lots totaling 20.09 acres near Lake Wallenpaupack.
      Wallace Rd., Lake Ariel, PA 18436
      View Details
    • $998,000
      5,080 SF

      Established Restaurant on 26 Acres

      Turn-key restaurant with liquor license and expansion potential.
      2136 Lake Ariel Highway, Lake Ariel, PA 18436
      View Details
    • $22,000

      Land Near Lake Wallenpaupak

      Land near Lake Wallenpaupak with community amenities.
      Cygnus Road, Lake Ariel, PA 18436
      View Details
    • $22,000

      Land Near Lake Wallenpaupack

      Land with community amenities near Lake Wallenpaupack.
      Cygnus Road, Lake Ariel, PA 18436
      View Details
    • $65,000

      Land with Road Frontage

      Level land with extensive road frontage in Lake Ariel, PA.
      1874 Lake Ariel Highway, Lake Ariel, PA 18436
      View Details
    • $1,792,500
      10,500 SF

      New Dollar Tree Investment Property

      New 10,500 SF Dollar Tree with long-term corporate lease.
      576 Hamlin Highway, Lake Ariel, PA
      View Details
    • $700,000

      Lake Ariel Land For Sale

      84.16 acres in Lake Ariel, PA, with development potential.
      Keystone Road, Lake Ariel, PA 18436
      View Details
    • $7,000

      Lake Ariel Land Opportunity

      Approved lot in amenity-rich community near Lake Wallenpaupack.
      211 AQUARIS LN, LAKE ARIEL, PA 18436
      View Details

    FAQs

    What type of property is this?
    Land - Land with extensive road frontage on two hardtop roads.
    Where is this land located?
    The property is located at 1874 Lake Ariel Highway Lake Ariel, PA.
    What is the asking price?
    The asking price for this property is $75,950.
    What are key features of this property?
    This property features: Extensive road frontage: 755 feet on State Highway 191 and 831 feet on Stock Farm Road.; Level land.; Road frontage on two hardtop roads.
    (570) 430-1599
    We can help!
    Listing Contact
    Sherrie L Miller
    Sherrie L Miller
    Real Estate License ID: RM423823
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!