Mixed-Use Property with
For Sale
$449,900
2114 Lake Ariel Highway, Lake Ariel, PA 18436
Commercial Sale, Lake Ariel, PA
Property Size5,000 SF
Lot Size3.28 Acres
Price / SF$89.98
Days on Market40
Property Features for 2114 Lake Ariel Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Garage
Exterior features
Fire Pit, Storage
Basement
Walk-Out Access
Lot features
Level, Not In Development
Elementary school district
Western Wayne School District
Middle school district
Western Wayne School District
High school district
Western Wayne School District
Directions
From Lake Ariel, 191N, property on right just before Nurnberger Bierhaus.
Standard status
Active
APN
12-0-0283-0029.0004
Lot size
3.28 Acres
Taxes and HOA fees
Tax Annual Amount
6135
Utilities
Utilities
Propane
Heating system
Propane (Heating), Baseboard, Oil, Electric (Heating)
Cooling system
Ceiling Fan(s)
Water source
Well
Building Details
Year built
2007
Floors in Building
1
Number of units
2
Flooring type
Concrete, Tile, Carpet, Laminate
Building materials
Vinyl Siding
Roof type
Asphalt, Metal
Additional Structures
Storage
Listing Agency:
RE/MAX Best
(570) 698-7299
Listed By:
Heather L Meagher · License #AB068538
(570) 840-1074
Added: Jul 27
Changed: Sep 4
Last Checked: Sep 4 at 2:06PM
MLS# PW-262715
Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use property combines a warehouse-style commercial building with a detached residence and extensive garage capacity. The commercial structure includes broad open areas and multiple storage rooms, while the home offers three bedrooms, two full bathrooms, an office, and an unfinished upper-level room with its own entrance. A built-in three-car garage is located on the lower level, complemented by a large rear garage with high ceilings for vehicles, equipment, or storage.
The 3.28-acre parcel is level and includes approximately 341 feet of frontage along Lake Ariel Highway. Additional site features include a grassy yard, firepit area, front deck, well water, propane, vinyl siding, and asphalt and metal roofing. The property is located at 2114 Lake Ariel Highway in Lake Ariel, Pennsylvania.
The 3.28-acre parcel is level and includes approximately 341 feet of frontage along Lake Ariel Highway. Additional site features include a grassy yard, firepit area, front deck, well water, propane, vinyl siding, and asphalt and metal roofing. The property is located at 2114 Lake Ariel Highway in Lake Ariel, Pennsylvania.
Key Highlights
- Approximately 5,000‑square‑foot warehouse‑style commercial building
- 3.28 acres of level land
- Approximately 341 feet of frontage along Lake Ariel Highway
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
$35,046
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
7.79%
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%
$700,920
$700.9K
Cap Rate 7%
$500,657
$500.7K
Cap Rate 9%
$389,400
$389.4K
Market Conditions
NOI Build-Up for 5,000 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
$44.1K $8.81/SF
− Vacancy
−$2.8K −$0.56/SF
EGI
$41.2K $8.25/SF
− OpEx
−$6.2K −$1.24/SF
NOI
$35.0K $7.01/SF
Area
Wayne County, PA
Vacancy
6.40%
Lease Rate
$8.81 /SF/Yr
Expense Ratio
15.00%
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%
$700,920
Cap Rate 7%
$500,657
Cap Rate 9%
$389,400
Alternative Uses
Best Use
Mixed Use
$740.1K
$647.6K – $863.4K
NOI $51,806 @ 7.0% cap · market cap 11.52%
Second Best
Warehouse
$500.7K
$438.1K – $584.1K
NOI $35,046 @ 7.0% cap · market cap 7.79%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,344 @ 7.0% cap · market cap 18.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 18436, PA
13,576
Population
9,747
Households
1.4
Avg Household Size
51
Median Age
20%
College-Educated
92%
High-School Grad
98.8 sq mi
ZIP Area
137
Density / Sq Mi
$73,209
Median Household Income
$36,675
Median Earnings
$890
Median Rent
$222,000
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Versatile commercial property with warehouse, residential, garage, and open-land components.
Where is this mixed-use property located?
The property is located at 2114 Lake Ariel Highway Lake Ariel, PA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Approximately 5,000‑square‑foot warehouse‑style commercial building; 3.28 acres of level land; Approximately 341 feet of frontage along Lake Ariel Highway
