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
Parking features
Garage
Exterior features
Fire Pit, Private Yard
Lot features
Level, Not In Development
Elementary school district
Western Wayne
Middle school district
Western Wayne
High school district
Western Wayne
Directions
From Lake Ariel, 191N, property on right just before Nurnberger Bierhaus.
Standard status
Active
APN
12-0-0283-0029.0004
Size
5,000 SF
Lot size
3.28 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
8453
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Propane (Heating), Oil, Baseboard, Electric (Heating)
Water source
Well
Building Details
Year built
2007
Floors in Building
1
Number of units
1
Flooring type
Tile, Concrete, Laminate, Carpet
Building materials
Vinyl Siding
Roof type
Asphalt
Listing Agency:
RE/MAX Best · RE/MAX International
(570) 698-7299
Listed By:
Heather L Meagher · License #AB068538
(570) 253-9566
Added: Jul 27
Changed: Sep 4
Last Checked: Sep 4 at 5:06PM
MLS# SC263916
Copyright © 2026 Greater Scranton Board 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 includes a 5,000-square-foot warehouse-style commercial building, a residential home, and substantial garage capacity on 3.28 acres. The commercial building has expansive open areas and separate storage rooms. The residence provides three bedrooms, two full bathrooms, an office, a kitchen with center island, and an unfinished upper-level room with its own entrance. A built-in three-car garage is located on the lower level, while a separate rear garage offers high ceilings and additional room for vehicles, equipment, or storage.
The property is positioned at 2114 Lake Ariel Highway in Lake Ariel, Pennsylvania, with approximately 341 feet of highway frontage. The level grounds include a grassy yard, firepit area, private yard, and front deck. Built in 2007, the property uses well water, a septic tank, and propane service, with asphalt roofing and vinyl siding.
The property is positioned at 2114 Lake Ariel Highway in Lake Ariel, Pennsylvania, with approximately 341 feet of highway frontage. The level grounds include a grassy yard, firepit area, private yard, and front deck. Built in 2007, the property uses well water, a septic tank, and propane service, with asphalt roofing and vinyl siding.
Key Highlights
- 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 - Level acreage combines commercial space, a residence, multiple garages, and highway frontage.
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: 5,000‑square‑foot warehouse‑style commercial building; 3.28 acres of level land; Approximately 341 feet of frontage along Lake Ariel Highway
