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Mixed-Use Property with Three Structures
For Sale
$675,000

5119 Pocono Crest Road, Pocono Pines, PA 18350

Commercial zoning accompanies office space, an apartment, and a residential cabin.

Property Size6,860 SF
Days on Market123

Property Features for 5119 Pocono Crest Road

General Information

Standard status Active
Size 6,860 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Floor 1

Taxes and HOA fees

Annual Taxes $9,734

Building Details

Building Size 6,860 SF
Year Built 1927
Buildings 3
Stories 3
Listing Agency: CENTURY 21 Select Group - Blakeslee
Listed By: John Dale Briggs
Source: Sercommercial
Added: Apr 23 Changed: Aug 13 Last Checked: Aug 22 at 2:06PM

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 CENTURY 21 Select Group - Blakeslee

Investment Insights

Based on property information with market context.

The property comprises three separate structures under Commercial zoning. The primary building combines first-floor office or commercial space with a five-bedroom, 1.5-bath apartment arranged over the two upper floors. The apartment has updated paint and carpeting, while the commercial area has also received fresh paint and carpet. A walk-out basement provides additional storage space. A separate two-story residential cabin has a new roof, and the property also includes another building whose specific use is not defined. Recent improvements include roof work and paving of the parking lot.

Located at 5119 Pocono Crest Road in Pocono Pines, the property is near Lake Naomi, Pinecrest Lake, and Kalahari Resort. It may be delivered vacant or under negotiable lease terms.

Key Highlights

  • Three separate structures on a Commercial‑zoned property
  • Main building includes first‑floor office or commercial space
  • Five‑bedroom, 1.5‑bath apartment spans two upper floors

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
$61,477
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
9.11%
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%
$1,229,540 $1.2M
Cap Rate 7%
$878,243 $878.2K
Cap Rate 9%
$683,078 $683.1K
Market Conditions
NOI Build-Up for 6,860 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
$116.1K $16.92/SF
− Vacancy
−$4.3K −$0.63/SF
EGI
$111.8K $16.29/SF
− OpEx
−$50.3K −$7.33/SF
NOI
$61.5K $8.96/SF
Area
Monroe County, PA
Vacancy
3.70%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
45.00%
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%
$1,229,540
Cap Rate 7%
$878,243
Cap Rate 9%
$683,078

Alternative Uses

Best Use
Office B
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,798 @ 7.0% cap · market cap 15.97%
Second Best
Mixed Use
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,497 @ 7.0% cap · market cap 12.07%
Theoretical Best
Office A
$2.05M
$1.80M – $2.40M (±1% cap)
NOI $143,731 @ 7.0% cap · market cap 21.29%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Jerry F. Hanna Law Firm Century 21 Select ... Real Estate Agency

Suggested Use

Top Pick HVAC Service Electrical Service Grocery & Convenience Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Restaurant

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

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 18350, PA

1,837
Population
1,967
Households
0.9
Avg Household Size
54
Median Age
36%
College-Educated
81%
High-School Grad
5.8 sq mi
ZIP Area
317
Density / Sq Mi
$109,058
Median Household Income
$90,750
Median Earnings
$218,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial zoning accompanies office space, an apartment, and a residential cabin.
Where is this mixed-use property located?
The property is located at 5119 Pocono Crest Road Pocono Pines, PA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three separate structures on a Commercial‑zoned property; Main building includes first‑floor office or commercial space; Five‑bedroom, 1.5‑bath apartment spans two upper floors
More about this property
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