Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land on State Route Title is generated by Realmo AI

    Anchorage Rd, Saylorsburg, PA 18353

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Corner site with high traffic and development potential.

    Type:Land
    Lot size:
    4.00 Acres
    Added:
    Aug 27, 2024
    Days on Market:
    642
    Last Refresh:
    May 12 at 8:32 pm

    Property Features for Anchorage Rd

    General Information

    Standard status
    Active
    Lot size
    4.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jennifer Mickens
    Jennifer Mickens

    Listing agent Jennifer Mickens License #PA RB068478

    Listing office TACM Commercial Realty

    Listing date Aug 27, 2024

    Source Crexi

    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 TACM Commercial Realty

    HighLights

    • High‑traffic corner location on State Route 115.
    • Almost 500' of frontage on SR 115 and over 400' on Anchorage Rd.
    • Over 4 Acres of Commercial Land zoned VC.
    • Additional 2+\/- acres of R‑2 land for buffer zone.
    • Suitable for retailers, QSR, or small businesses.
    • Made up of 2 lots.

    Overview

    This commercial land is a corner site located on State Route 115 in Saylorsburg, Pennsylvania. The high-traffic location features approximately 500 feet of frontage on State Route 115 and over 400 feet of frontage on a township road, Anchorage Road. The site comprises two lots, totaling over 4 acres of commercial land zoned VC, along with an additional 2+/- acres of R-2 land. This additional land may serve as a buffer with the neighboring residential properties. The property is suitable for development by retailers, quick-service restaurants (QSR), or small businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Saylorsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.33715
    Latitude
    40.896199

    Nearby Similar for Sale

    • $625,000
      2,156 SF

      Retail and Residential Opportunity

      Two parcels with retail space and a charming farmhouse.
      772 Route 115, SAYLORSBURG, PA 18353
      View Details
    • $699,000
      1,336 SF

      Poconos Commercial Land Opportunity

      4.5-acre corner lot ideal for retail, office, or hospitality.
      722 Route 115, Saylorsburg, PA 18353
      View Details
    • $499,000
      5,856 SF

      Saylorsburg Land Repositioning Opportunity

      1.88 acres with existing structure near Route 33.
      119 Hildabrant Lane, Saylorsburg, PA 18353
      View Details
    • $699,000

      Poconos Commercial Land Opportunity

      4.5-acre corner lot with high visibility and traffic flow.
      722 Route 115, Saylorsburg, PA 18353
      View Details
    • $395,000

      Saylorsburg Corner Development Lot

      2.5-acre commercial/industrial lot on high-traffic road near Route 33.
      103 Silver Valley Road, Saylorsburg, PA 18353
      View Details
    • $3,000
      3,575 SF

      Airplane Hangar or Warehouse Space

      Unique rental opportunity: airplane hangar, car storage, or warehouse.
      Lower Cherry Valley Road, Hamilton Twp, PA 18353
      View Details
    • $479,000
      3,164 SF

      Two-Unit Property on 4.88 Acres

      Two-unit property with updated features on a spacious lot.
      409 Warner Drive, Chestnuthill Twp, PA 18353
      View Details
    • $50,000

      Acre of Land in Saylorsburg

      One acre of land ready for new home construction.
      Hawk Rd 10, Saylorsburg, PA 18353
      View Details
    • $399,000

      Commercial Land on State Route

      Corner site with high traffic and frontage on SR 115.
      Route 115 & Anchorage Rd, Saylorsburg, PA 18353
      View Details
    • $884,900

      Saylorsburg Manufactured Home Park

      Family-owned manufactured home park with 15 sites in Saylorsburg, PA.
      314 Nathan Lane, Saylorsburg, PA 18353
      View Details
    • $105,000

      Land in Saylorsburg, PA

      Acreage property ready to build in Saylorsburg, Pennsylvania.
      Bittenbender Drive lot: 3 & 4, Saylorsburg, PA 18353
      View Details
    • $479,000
      3,164 SF

      Saylorsburg Duplex on Wooded Acres

      Two-unit property on 4.88 acres with separate utilities.
      409 Warner Drive, Saylorsburg, PA 18353
      View Details

    FAQs

    What type of property is this?
    Commercial land - Corner site with high traffic and development potential.
    Where is this commercial land located?
    The property is located at Anchorage Rd Saylorsburg, PA.
    What is the asking price?
    The asking price for this property is $399,000.
    What are key features of this property?
    This property features: High‑traffic corner location on State Route 115.; Almost 500' of frontage on SR 115 and over 400' on Anchorage Rd.; Over 4 Acres of Commercial Land zoned VC.
    (570) 801-6170 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jennifer Mickens
    Jennifer Mickens
    Real Estate License ID: PA RB068478
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Anchorage Rd, Saylorsburg, PA 18353
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!