Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1101 390 Rte Cresco, PA 18326
    Back to Search
    Property profile & analytics

    1101 390 Rte Cresco, PA 18326

    View on Map
    • Commercial real estate
    • 1,054 SF
    • 0.10 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1101 390 Rte

    Year built
    1986
    Lot size
    0.10 lot acres
    Property size
    1,054 SF
    Property type
    Commercial real estate

    Description

    Tom's Country Kitchen, a thriving 13-year-old diner located at 1101 Route 390 in Cresco, PA, presents a unique opportunity for a new owner. This well-established business boasts a fully equipped kitchen, ready to continue serving breakfast and lunch to its loyal customer base. Currently operating on a five-week schedule, the diner offers significant growth potential by expanding hours or menu offerings. The comfortable interior comfortably seats 36 patrons, supplemented by additional outdoor seating when weather permits. Two separate restrooms ensure customer convenience. Ample parking is available, eliminating a common concern for potential customers. The property itself is 1,054 square feet situated on a 0.1-acre lot. The current lease agreement is for five years at a monthly rate of $750. This turnkey operation is priced at $94,900 and represents an excellent investment in a popular Pocono Mountains location. The business is being sold as a complete entity, including all equipment and systems necessary for continued operation. This is an ideal opportunity for an experienced restaurateur looking to acquire a profitable, established business with room for expansion.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cresco
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.2703
    Latitude
    41.1783

    Comparable in this City

    • Value Estimation
      $810,000
      7,588 SF

      6680 Rte 191

      COMMERCIAL (GENERAL) • 7,588 SF
      6680 Rte 191, Cresco, PA 18326-7998
      View Details
    • Value Estimation by Request
      7,761 SF

      109 Golf Dr

      COMMERCIAL (GENERAL) • 7,761 SF
      109 Golf Dr, Cresco, PA 18326-7866
      View Details
    • Value Estimation by Request
      15.71 Acres

      611 Pa Rte

      Commercial real estate • 15.71 Acres
      611 Pa Rte, Swiftwater, PA 18326
      View Details
    • Value Estimation by Request
      4,370 SF

      1178 Rte 390

      COMMERCIAL (GENERAL) • 4,370 SF
      1178 Rte 390, Cresco, PA 18326-7906
      View Details
    • Value Estimation by Request
      1,808 SF

      159 Colony Vlg

      COMMERCIAL (GENERAL) • 1,808 SF
      159 Colony Vlg, Cresco, PA 18326-7774
      View Details
    • Value Estimation by Request
      2,772 SF

      1125 Rte 390

      COMMERCIAL (GENERAL) • 2,772 SF
      1125 Rte 390, Cresco, PA 18326
      View Details

    Similar Nearby for Sale

    • $495,000
      4,200 SF

      High-Volume Restaurant, Cresco, PA

      Established Restaurant, Liquor License Included
      110 Golf Dr, Cresco, PA 18326
      View Details
    • $398,000
      4,230 SF

      Cresco Commercial Center - Pocono Mtns

      Versatile Commercial Space, Prime Location
      6683 Route 191, Cresco, PA 18326
      View Details
    • $30,000
      1.10 Acres

      Wooded Lot in Ski Haven

      One-acre wooded lot in a tranquil, amenity-rich community.
      Arline Ln, Cresco, PA 18326
      View Details
    • $279,900
      Pending

      Cresco Mixed-Use Property with Garage

      Mixed-use property with flexible zoning and detached garage.
      6559 Route 191, Cresco, PA 18326
      View Details
    • $35,000
      1.58 Acres

      Wooded Lot in Stony Run

      1.58 acre wooded lot in the Poconos.
      Spg Run Ln, Cresco, PA 18326
      View Details
    • $420,000
      1,209,225 SF

      Prime Land Near Pocono Resorts

      27+ acre property near resorts and highways.
      150 Burton Rd, Cresco, PA 18326
      View Details

    Similar Nearby for Lease

    • $2,100 /Mo
      3,600 SF

      Retail/Commercial Space on Route 191

      3,600 SF retail/commercial space in Cresco, PA for lease.
      6631 Route 191, Cresco, PA 18326
      View Details
    • $950 /Mo
      821 SF

      Cresco Office Space For Rent

      821 sq ft office space in central Cresco, PA.
      6656 Route 191, Cresco, PA 18326
      View Details
    • $750 /Mo
      3,854 SF

      Functional Office Space in Cresco

      Clean office space with private amenities and convenient parking.
      6656 Route 191, Cresco, PA 18326
      View Details
    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.
    1101 390 Rte
    Cresco, PA 18326
    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
    1101 390 Rte, Cresco, PA, 18326
    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!