Commercial Land with Existing
For Sale
$140,000
20 Fork Street, Mount Pocono, PA 18344
Commercial-zoned land includes an inspected foundation, gutted structure, and detached carport for redevelopment or renovation planning.
Property Size811 SF
Days on Market162
Property Features for 20 Fork Street
General Information
Standard status
Active
Size
811 SF
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$1,646
Building Details
Building Size
811 SF
Year Built
1945
Stories
1
Listing Agency:
E-Realty Services - Pocono Summit
(570) 730-8543
Listed By:
Kimberly A Gay
(570) 730-8543
Source:
Sercommercial
Added: Feb 24
Changed: Aug 4
Last Checked: Aug 4 at 3:47AM
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 commercial land offering includes an existing foundation inspected by a licensed structural engineer, a fully gutted structure, and a detached carport. The improvements support several possible approaches, including renovation, repurposing, or complete redesign. The property is offered as-is, with engineering documentation available for review.
Built in 1945, the existing structure sits just off Mount Pocono Boulevard in Mount Pocono, Pennsylvania. The site provides access to major routes, nearby retail, and tourism-related traffic. Commercial zoning is in place, while any proposed use remains subject to applicable zoning confirmation and approvals.
Built in 1945, the existing structure sits just off Mount Pocono Boulevard in Mount Pocono, Pennsylvania. The site provides access to major routes, nearby retail, and tourism-related traffic. Commercial zoning is in place, while any proposed use remains subject to applicable zoning confirmation and approvals.
Key Highlights
- Commercial zoning
- Foundation inspected by a licensed structural engineer
- Fully gutted structure included
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 | $19.5k | $24.00 |
| − Vacancy | −$2.5k | −$3.05 |
| EGI | $17.0k | $20.95 |
| − OpEx | −$4.2k | −$5.24 |
| NOI | $12.7k | $15.71 |
811 SF · lease $24.00/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$182.1K
$159.3K – $212.4K
NOI $12,744 @ 7.0% cap · market cap 9.10%
Second Best
Mixed Use
$137.6K
$120.4K – $160.6K
NOI $9,635 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$242.7K
$212.4K – $283.2K
NOI $16,992 @ 7.0% cap · market cap 12.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Commercial-zoned land includes an inspected foundation, gutted structure, and detached carport for redevelopment or renovation planning.
Where is this commercial land located?
The property is located at 20 Fork Street Mount Pocono, PA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Commercial zoning; Foundation inspected by a licensed structural engineer; Fully gutted structure included
