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    State Route 903 Albrightsville, PA 18210

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    60 Acres Pocono Resort Commercial Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 60.77-acre commercial land parcel presents a unique investment opportunity in the desirable Pocono Resort Area of Pennsylvania. Ideally situated in Albrightsville, PA, 18210, on State Route 903, this property boasts an R-C (Recreation/Resort Commercial) zoning designation, making it perfectly suited for a variety of commercial developments. Concept plans are already in place for a proposed 88-unit multi-family condo development, leveraging the stunning location across the road from Big Boulder Lake. The property includes an existing access road, simplifying development logistics. Extensive environmental studies are available, with 75% of the full study already completed, mitigating potential development hurdles. The land itself comprises approximately 6.6 acres designated for condos, 5.3 acres of cleared grass area, and 48.87 acres of undisturbed land, offering flexibility in design and development. Its advantageous location provides easy access to Route 115 (within a 2-minute drive) and I-80 (within a 5-minute drive), ensuring excellent connectivity. Furthermore, the property borders State Game Lands #129, adding to its natural appeal and potential recreational amenities. This is a prime opportunity to capitalize on the thriving Pocono tourism market and create a highly sought-after residential development.

    Property Features for 0 State Route 903

    General Information

    Property type
    Land
    Lot Size
    2,647,141 SF

    HighLights

    • 60.77‑acre parcel.
    • R‑C (Recreation/Resort Commercial) zoning.
    • Existing access road.
    • Proposed 88‑unit condo development.
    • Environmental studies completed (75%).
    • Adjacent to State Game Lands #129.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Albrightsville
    County
    Albrightsville
    State
    Pennsylvania
    Longitude
    -75.6016112
    Latitude
    41.0064541

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    FAQs

    What type of property is this?
    Land - 60 Acres Pocono Resort Commercial Land
    Where is this land located?
    The property is located at State Route 903 Albrightsville, PA.
    What are key features of this property?
    This property features: 60.77-acre parcel.; R-C (Recreation/Resort Commercial) zoning.; Existing access road.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    State Route 903 Albrightsville, PA 18210
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