Manufacturing Property with Truck
New
For Sale
$650,000
835 Gilbert Road, Effort, PA 18330
CommercialSale, Chestnuthill Twp, PA
Property Size12,000 SF
Lot Size1.43 Acres
Price / SF$72.22
Days on Market3
Property Features for 835 Gilbert Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R1
Parking
12
Parking features
Garage
Elementary school district
Pleasant Valley
Middle school district
Pleasant Valley
High school district
Pleasant Valley
Directions
US-209 BUS S/Main St to US-209 S in Stroud Township, Follow US-209 S to PA-115 N in Brodheadsville, Continue on PA-115 N. Drive to Gilbert Rd in Effort
Subdivision
Chestnuthill Twp
Standard status
Active
APN
02/11/1/11-2
Size
9,000 SF
Lot size
1.43 Acres
Taxes and HOA fees
Tax Annual Amount
3760
Utilities
Sewer type
Septic Tank
Heating system
Oil
Water source
Well
Building Details
Year built
1919
Number of units
1
Flooring type
Concrete
Building materials
Block, Concrete
Listing Agency:
CENTURY 21 Keim Realtors · Century 21 Real Estate
(610) 395-0393
Listed By:
Loren K. Keim Jr. · License #RB-045762-L
(877) 208-4158
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 21 at 7:06PM
MLS# 783042
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This manufacturing property includes approximately 9,000 square feet on the main level and about 3,000 square feet of second-floor storage. The building has concrete floors, high ceilings, a drive-in truck bay, an entry foyer, and front-office space. Infrastructure includes 3-phase electric service with 600 amps of power. Construction consists of block and concrete, with oil heat, a well, septic system, and garage parking. The real estate offering excludes the existing woodworking machinery and equipment.
The property occupies 1.43 acres at 835 Gilbert Road in Chestnuthill Township, Pennsylvania. It is zoned R-1 Residential, while the current woodworking use operates under a variance. Any proposed change of use would require review by Chestnuthill Township and could require a new or amended variance. The building was constructed in 1919 and is currently used for woodworking operations.
The property occupies 1.43 acres at 835 Gilbert Road in Chestnuthill Township, Pennsylvania. It is zoned R-1 Residential, while the current woodworking use operates under a variance. Any proposed change of use would require review by Chestnuthill Township and could require a new or amended variance. The building was constructed in 1919 and is currently used for woodworking operations.
Key Highlights
- Approximately 9,000 SF main level plus approximately 3,000 SF of second‑floor storage
- 3‑phase electric service with 600 amps of power
- Drive‑in truck bay with concrete floors and high ceilings
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
$52,514
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
8.08%
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%
$1,050,280
$1.1M
Cap Rate 7%
$750,200
$750.2K
Cap Rate 9%
$583,489
$583.5K
Market Conditions
NOI Build-Up for 9,000 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
$79.5K $8.83/SF
− Vacancy
−$4.5K −$0.49/SF
EGI
$75.0K $8.34/SF
− OpEx
−$22.5K −$2.50/SF
NOI
$52.5K $5.83/SF
Area
Monroe County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
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%
$1,050,280
Cap Rate 7%
$750,200
Cap Rate 9%
$583,489
Alternative Uses
Best Use
Flex RnD
$899.4K
$786.9K – $1.05M
NOI $62,955 @ 7.0% cap · market cap 9.69%
Second Best
Industrial
$750.2K
$656.4K – $875.2K
NOI $52,514 @ 7.0% cap · market cap 8.08%
Theoretical Best
Office A
$2.69M
$2.36M – $3.14M
NOI $188,568 @ 7.0% cap · market cap 29.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 18330, PA
8,351
Population
3,196
Households
2.6
Avg Household Size
42
Median Age
23%
College-Educated
94%
High-School Grad
14.5 sq mi
ZIP Area
576
Density / Sq Mi
$92,907
Median Household Income
$41,313
Median Earnings
$1,809
Median Rent
$251,300
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial building with substantial power, concrete floors, storage, offices, and an existing woodworking operation under a zoning variance.
Where is this manufacturing property located?
The property is located at 835 Gilbert Road Effort, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 9,000 SF main level plus approximately 3,000 SF of second‑floor storage; 3‑phase electric service with 600 amps of power; Drive‑in truck bay with concrete floors and high ceilings
