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Flex Space with Heavy Power
For Sale
$1,975,000

405 Industrial Park Drive, Mount Pocono, PA 18344

Commercial Sale, Mount Pocono, PA

Property Size23,000 SF
Lot Size3.58 Acres
Price / SF$85.20
Days on Market47

Property Features for 405 Industrial Park Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Elementary school district Pocono Mountain
Middle school district Pocono Mountain
High school district Pocono Mountain
Subdivision Coolbaugh Township
Standard status Active
APN 03.6A.1.17
Size 23,180 SF
Lot size 3.58 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 8
Tax Annual Amount 37878
Legal Description Lot 8

Utilities

Sewer type Public Sewer
Water source Public

Amenities

12' ceiling height with additional 3' clearance
five overhead doors
3-phase 2,400AMP electric service
public water and sewer

Building Details

Year built 1986
Floors in Building 1
Listing Agency: SER Commercial Real Estate, LLC
Listed By: Brian K Coyne · License #PA AB068391
Added: Sep 14 Changed: Oct 20 Last Checked: Oct 30 at 11:06AM
MLS# PM-144718

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.

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Investment Insights

Based on property information with market context.

The 23,180-square-foot flex property occupies 3.58 acres and was built in 1986. Its interior combines office areas with manufacturing and storage space. The building has five overhead doors of varying sizes, fire sprinklers, and 3-phase/2,400AMP electrical service. Ceiling clearance measures 12 feet to the existing drop ceiling, with more than 3 feet above it. Metal fabrication is the current use, and an auto repair tenant occupies approximately 5,000 square feet.

Located at 405 Industrial Park Drive in Mount Pocono, the property has public water and sewer service. Industrial zoning and an outside storage area are also noted.

Key Highlights

  • 23,180‑square‑foot building on 3.58 acres
  • Industrial zoning and outside storage area
  • Five overhead doors in varying sizes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$164,235
Cap Rate
8.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,284,700 $3.3M
Cap Rate 7%
$2,346,214 $2.3M
Cap Rate 9%
$1,824,833 $1.8M
Market Conditions
NOI Build-Up for 23,180 SF
Gross rent
$204.7K $8.83/SF
− Vacancy
−$11.5K −$0.49/SF
EGI
$193.2K $8.34/SF
− OpEx
−$29.0K −$1.25/SF
NOI
$164.2K $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 Rate 5%
$3,284,700
Cap Rate 7%
$2,346,214
Cap Rate 9%
$1,824,833

Alternative Uses

Best Use
Retail
$3.73M
$3.27M – $4.36M (±1% cap)
NOI $261,401 @ 7.0% cap · market cap 13.24%
Second Best
Warehouse
$2.35M
$2.05M – $2.74M (±1% cap)
NOI $164,235 @ 7.0% cap · market cap 8.32%
Theoretical Best
Office A
$6.94M
$6.07M – $8.09M (±1% cap)
NOI $485,667 @ 7.0% cap · market cap 24.59%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
Yes
Heavy power
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Flex space - Office, fabrication, and storage areas are served by substantial three-phase electrical capacity and public utilities.
Where is this flex space located?
The property is located at 405 Industrial Park Drive Mount Pocono, PA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: 23,180‑square‑foot building on 3.58 acres; Industrial zoning and outside storage area; Five overhead doors in varying sizes
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