Mixed-Use Property with
For Sale
$649,000
18 Fork Street, Mount Pocono, PA 18344
Commercial workspace with dedicated offices, a full basement, and a separately accessed residence.
Property Size4,700 SF
Days on Market13
Property Features for 18 Fork Street
General Information
Standard status
Active
Size
4,700 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,050
Building Details
Building Size
4,700 SF
Year Built
1950
Listing Agency:
E-Realty Services - Pocono Summit
(570) 730-8543
Listed By:
Kimberly A Gay
(570) 730-8543
Source:
Dpcomgroup
Added: Aug 20
Changed: Aug 29
Last Checked: Aug 31 at 12:35PM
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 E-Realty Services - Pocono Summit
Investment Insights
Based on property information with market context.
This 4,700-square-foot mixed-use property combines a commercial office component with a residential apartment. The business area is currently used as a chiropractic office and includes six offices arranged for professional, administrative, or medical-related operations. A full basement provides additional interior space.
The second-floor apartment contains two bedrooms and has its own private entrance, maintaining separation from the commercial area. The property is located at 18 Fork Street in Mount Pocono, within walking distance of the bus station and near Kalahari Resort, Camelback Mountain Resort, Mount Airy Casino, Sanofi, and the Pocono Mountains Municipal Airport. Interstate 80 is also readily accessible.
The second-floor apartment contains two bedrooms and has its own private entrance, maintaining separation from the commercial area. The property is located at 18 Fork Street in Mount Pocono, within walking distance of the bus station and near Kalahari Resort, Camelback Mountain Resort, Mount Airy Casino, Sanofi, and the Pocono Mountains Municipal Airport. Interstate 80 is also readily accessible.
Key Highlights
- 4,700‑square‑foot mixed‑use property at 18 Fork St, Mount Pocono, PA
- Commercial area currently used as a chiropractic office
- Six‑office professional workspace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$56,039
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,120,780
$1.1M
Cap Rate 7%
$800,557
$800.6K
Cap Rate 9%
$622,656
$622.7K
Market Conditions
NOI Build-Up for 4,700 SF
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.
Gross rent
$101.5K $21.60/SF
− Vacancy
−$8.1K −$1.73/SF
EGI
$93.4K $19.87/SF
− OpEx
−$37.4K −$7.95/SF
NOI
$56.0K $11.92/SF
Area
Monroe County, PA
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,120,780
Cap Rate 7%
$800,557
Cap Rate 9%
$622,656
Alternative Uses
Best Use
Office B
$1.06M
$923.2K – $1.23M
NOI $73,856 @ 7.0% cap · market cap 11.38%
Second Best
Healthcare Medical
$800.6K
$700.5K – $934.0K
NOI $56,039 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,474 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 18344, PA
3,497
Population
1,621
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
448
Density / Sq Mi
$85,215
Median Household Income
$43,715
Median Earnings
$890
Median Rent
$171,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial workspace with dedicated offices, a full basement, and a separately accessed residence.
Where is this mixed-use property located?
The property is located at 18 Fork Street Mount Pocono, 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: 4,700‑square‑foot mixed‑use property at 18 Fork St, Mount Pocono, PA; Commercial area currently used as a chiropractic office; Six‑office professional workspace
