Warehouse and Office on C1
For Sale
$900,000
3142 Oak Grove Rd, East Stroudsburg, PA 18302
Warehouse space with office area and overhead loading, plus new septic and a large paved parking area on C1 commercial land.
Property Size5,750 SF
Price / SF$156.52
Days on Market63
Property Features for 3142 Oak Grove Rd
General Information
Standard status
Active
Size
5,750 SF
Zoning
C1
Taxes and HOA fees
Annual Taxes
$10,847
Listing Agency:
I-Do Real Estate
(484) 294-1872
Listed By:
Shannon E. Kolling
(484) 294-1872
Source:
Exprealty
Added: Jun 28
Changed: Aug 20
Last Checked: Aug 26 at 12:07PM
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 I-Do Real Estate
Investment Insights
Based on property information with market context.
This property offers approximately 5,750 square feet of warehouse space on over 11 acres in Middle Smithfield Township, with included office space and a kitchenette. Operations are supported by overhead door(s) for loading and day-to-day use, along with a large paved parking area and additional level open land. A new septic system was installed in 2025.
The site is zoned C1 Commercial per public records. The buyer should confirm permitted uses, zoning requirements, and any development options with Middle Smithfield Township and through their own due diligence.
Overall, the layout is designed to support both light warehouse operations and an on-site office component, with practical vehicle access through the paved parking area and overhead loading provisions.
The site is zoned C1 Commercial per public records. The buyer should confirm permitted uses, zoning requirements, and any development options with Middle Smithfield Township and through their own due diligence.
Overall, the layout is designed to support both light warehouse operations and an on-site office component, with practical vehicle access through the paved parking area and overhead loading provisions.
Key Highlights
- Over 11 acres in Middle Smithfield Township with approximately 5,750 SF of warehouse space
- Warehouse includes office space and a kitchenette
- Overhead door(s) provide loading and operations access
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
$40,740
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
4.53%
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%
$814,800
$814.8K
Cap Rate 7%
$582,000
$582.0K
Cap Rate 9%
$452,667
$452.7K
Market Conditions
NOI Build-Up for 5,750 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
$50.8K $8.83/SF
− Vacancy
−$2.8K −$0.49/SF
EGI
$47.9K $8.34/SF
− OpEx
−$7.2K −$1.25/SF
NOI
$40.7K $7.09/SF
Area
Monroe County, PA
Vacancy
5.60%
Lease Rate
$8.83 /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%
$814,800
Cap Rate 7%
$582,000
Cap Rate 9%
$452,667
Alternative Uses
Best Use
Warehouse
$582.0K
$509.3K – $679.0K
NOI $40,740 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.72M
$1.51M – $2.01M
NOI $120,474 @ 7.0% cap · market cap 13.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 18302, PA
17,685
Population
8,089
Households
2.2
Avg Household Size
43
Median Age
23%
College-Educated
92%
High-School Grad
62.4 sq mi
ZIP Area
283
Density / Sq Mi
$87,044
Median Household Income
$36,807
Median Earnings
$1,238
Median Rent
$219,400
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Warehouse - Warehouse space with office area and overhead loading, plus new septic and a large paved parking area on C1 commercial land.
Where is this warehouse located?
The property is located at 3142 Oak Grove Rd East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Over 11 acres in Middle Smithfield Township with approximately 5,750 SF of warehouse space; Warehouse includes office space and a kitchenette; Overhead door(s) provide loading and operations access
