Two-Story Office
New
For Sale
$425,000
610 Hamlin Hwy, Lake Ariel, PA 18436
Configured with private offices, a kitchenette, two bathrooms, and storage across two floors.
Property Size2,000 SF
Price / SF$212.50
Days on Market2
Property Features for 610 Hamlin Hwy
General Information
Standard status
Active
Size
2,000 SF
Total Parking Spaces
9
Building Details
Year Built
1956
Stories
2
Listing Agency:
Davis R. Chant - Hawley
Listed By:
Eric Ehrhardt · License #RS140542A
(570) 226-4518
Source:
Revolvepa
Added: Sep 18
Last Checked: Sep 18 at 3:38PM
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 Davis R. Chant - Hawley
Investment Insights
Based on property information with market context.
This 2,000-square-foot office building was constructed in 1956 and is arranged across two floors. The existing layout includes multiple private offices, a kitchenette, two bathrooms, and storage, providing a ready-to-use professional office configuration. The offering includes the real estate and building only; the business is not included.
Located at 610 Hamlin Hwy in Lake Ariel, PA, the property fronts a roadway with an average daily traffic count of approximately 8,600 vehicles. A 9-space parking lot serves employee and client access. The building’s current office configuration may also accommodate other commercial uses identified in the property information, including medical, retail, and financial services.
Located at 610 Hamlin Hwy in Lake Ariel, PA, the property fronts a roadway with an average daily traffic count of approximately 8,600 vehicles. A 9-space parking lot serves employee and client access. The building’s current office configuration may also accommodate other commercial uses identified in the property information, including medical, retail, and financial services.
Key Highlights
- 2,000‑square‑foot office building constructed in 1956
- Two‑floor layout with multiple private offices
- Includes a kitchenette, two bathrooms, and storage
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
$28,004
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
6.59%
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%
$560,080
$560.1K
Cap Rate 7%
$400,057
$400.1K
Cap Rate 9%
$311,156
$311.2K
Market Conditions
NOI Build-Up for 2,000 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
$42.0K $21.00/SF
− Vacancy
−$4.7K −$2.33/SF
EGI
$37.3K $18.67/SF
− OpEx
−$9.3K −$4.67/SF
NOI
$28.0K $14.00/SF
Area
Wayne County, PA
Vacancy
11.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
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%
$560,080
Cap Rate 7%
$400,057
Cap Rate 9%
$311,156
Alternative Uses
Best Use
Office B
$400.1K
$350.1K – $466.7K
NOI $28,004 @ 7.0% cap · market cap 6.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$487.7K
$426.7K – $569.0K
NOI $34,138 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
260
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
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Configured with private offices, a kitchenette, two bathrooms, and storage across two floors.
Where is this office building located?
The property is located at 610 Hamlin Hwy Lake Ariel, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 2,000‑square‑foot office building constructed in 1956; Two‑floor layout with multiple private offices; Includes a kitchenette, two bathrooms, and storage
