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    Prime Retail Space Available Title is generated by Realmo AI

    2551 Rt 611, Scotrun, PA 18355

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    For Lease
    $2,795/Mo $18 SF/Yr (calc)

    COMMERCIAL - Scotrun, PA

    Property size:
    1,800 SF
    Lot size:
    8.16 Acres
    Added:
    May 27, 2025
    Days on Market:
    360
    Last Refresh:
    May 21 at 9:06 pm

    Property Features for 2551 Rt 611

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Basement
    Concrete
    Standard status
    Active
    APN
    126373031895
    Size
    1,800 SF
    Lot size
    8.16 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1978
    Floors in Building
    1
    Flooring type
    Combination
    Building materials
    Brick, Concrete
    Roof type
    Asphalt, Shingle, Fiberglass

    We can help!

    Listing Contact
    Alicia Ann Olcsvay

    Listing agent Alicia Ann Olcsvay

    Listing office The Collective Real Estate Agency 46 Crystal Street, East Stroudsburg, PA

    Listing date May 27, 2025

    MLS# PM-132584

    Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location off Rt 80 and Rt 611
    • 1800 Sq Ft of Commercial Space
    • Minutes from the Crossings, Mt Airy Casino and Kalahari
    • Across from Great Wolf Lodge
    • Open area with 3 rooms
    • 2 Bathrooms

    Overview

    This commercial space offers 1800 square feet for lease. The layout includes an open area, three additional rooms, a reception area, and two bathrooms. The property is situated in a prime location off of Route 80 and Route 611, across from Great Wolf Lodge, and minutes away from The Crossings Premium Outlets, Mount Airy Casino Resort, and Kalahari Resorts & Conventions. The property is located in Scotrun, PA, in Monroe County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel Kitchen & Bath Showroom Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Scotrun
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.315593
    Latitude
    41.057096

    Nearby Similar for Lease

    • $16,432/Mo
      19,882 SF

      Prime Commercial Space on Route 611

      Large commercial space with excellent visibility and accessibility on Route 611.
      117 Rose Street, Scotrun, PA 18355
      View Details
    • Contact for pricing
      20,000 SF

      Prime Commercial Space on Route 611

      Highly visible commercial space near I-80 and major attractions.
      117 Rose Street, Scotrun, PA 18355
      View Details

    FAQs

    What type of property is this?
    Retail space - 1800 SF commercial space in prime Scotrun location.
    Where is this retail space located?
    The property is located at 2551 Rt 611 Scotrun, PA.
    What is the lease rate?
    The lease rate is $2,795 /Mo.
    What are key features of this property?
    This property features: Prime location off Rt 80 and Rt 611; 1800 Sq Ft of Commercial Space; Minutes from the Crossings, Mt Airy Casino and Kalahari
    (570) 424-0926
    We can help!
    Listing Contact
    Alicia Ann Olcsvay
    Learn More
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    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
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