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Office Building with Accessory Garages
For Sale
$699,000

647 Rt 739, Lords Valley, PA 18428

Commercial Sale, Lords Valley, PA

Property Size2,500 SF
Lot Size2.11 Acres
Price / SF$279.60
Days on Market256

Property Features for 647 Rt 739

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Zoning description Commercial
Rooms Basement
Basement Unfinished, Walk-Out Access
Lot features Near General Business
Directions Property is approx. 0.5 miles from exit 34 on I-84 on right hand side.
Standard status Active
APN 091.00-01-57 034904
Lot size 2.11 Acres

Taxes and HOA fees

Tax Annual Amount 6698

Utilities

Utilities Cable Available
Heating system Electric (Heating), Forced Air
Cooling system Central Air
Water source Well

Building Details

Year built 1975
Floors in Building 2
Flooring type Tile, Carpet
Roof type Shingle, Asphalt
Listing Agency: Davis R. Chant - Lake Wallenpaupack
Listed By: Eric James Ehrhardt
Added: Feb 6 Changed: Oct 16 Last Checked: Oct 20 at 4:06PM
MLS# PW-260230

Copyright © 2026 Pike/Wayne Association of Realtors MLS. 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.

This office property includes a nearly 2,500-square-foot main building on 2.11 acres, with multiple private offices, reception and conference areas, showroom space, storage, and a small commercial kitchen. Tile and carpet flooring, central air, forced-air heating, and electric heat serve the building. The property was built in 1975 and includes a basement, well water, cable availability, and an asphalt-shingle roof.

Two detached garages expand the usable configuration. One contains approximately 519 square feet, a loading dock, 12-foot ceilings, and an 8-by-8-foot garage door. The second provides 1,553 square feet, 16-foot ceilings, and a 12-by-12-foot door. A new HVAC system is being installed by the owner before closing.

The property is located at 647 Rt 739 in Lords Valley, approximately 0.5 miles from I-84 Exit 34 and 0.5 miles from the main entrance to Hemlock Farms. The surrounding area includes a community of more than 3,000 homes and additional residential communities within a 15-minute radius. Reported traffic volume is 4,100 cars daily.

Key Highlights

  • 2.11‑acre office property with a nearly 2,500‑square‑foot main building
  • Approximately 0.5 miles from I‑84 Exit 34 and Hemlock Farms’ main entrance
  • Detached 519‑square‑foot garage with loading dock, 12' ceilings, and 8'x8' door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,004
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700,080 $700.1K
Cap Rate 7%
$500,057 $500.1K
Cap Rate 9%
$388,933 $388.9K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$52.5K $21.00/SF
− Vacancy
−$5.8K −$2.33/SF
EGI
$46.7K $18.67/SF
− OpEx
−$11.7K −$4.67/SF
NOI
$35.0K $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 Rate 5%
$700,080
Cap Rate 7%
$500,057
Cap Rate 9%
$388,933

Alternative Uses

Best Use
Office B
$500.1K
$437.6K – $583.4K (±1% cap)
NOI $35,004 @ 7.0% cap · market cap 5.01%
Second Best
Industrial
$206.2K
$180.4K – $240.5K (±1% cap)
NOI $14,431 @ 7.0% cap · market cap 2.06%
Theoretical Best
Office A
$609.6K
$533.4K – $711.2K (±1% cap)
NOI $42,672 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 18428, PA

12,314
Population
9,606
Households
1.3
Avg Household Size
52
Median Age
30%
College-Educated
95%
High-School Grad
151.1 sq mi
ZIP Area
81
Density / Sq Mi
$75,463
Median Household Income
$37,573
Median Earnings
$1,195
Median Rent
$263,300
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

Frequently Asked Questions

What type of property is this?
Office building - Flexible commercial layout with private offices, conference rooms, showroom space, storage, and a small kitchen.
Where is this office building located?
The property is located at 647 Rt 739 Lords Valley, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2.11‑acre office property with a nearly 2,500‑square‑foot main building; Approximately 0.5 miles from I‑84 Exit 34 and Hemlock Farms’ main entrance; Detached 519‑square‑foot garage with loading dock, 12' ceilings, and 8'x8' door
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