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Property profile & analytics
OFF-MARKET
Commercial real estate

674 Q-1 Tobyhanna, PA 18466

20,762 SF 120.55 ac lot Built 1988
Property ID
Property summary
AI-generated overview

This exceptional 20,762 square foot commercial space, located at 674 Route 196, Unit 1 (Q-1), Tobyhanna, PA, presents a lucrative opportunity for discerning businesses. Situated within the 65,000 square foot Carriage Square shopping center, a 16-unit complex, this property benefits from a strong anchor tenant, Rite Aid, and a diverse mix of established businesses including Family Dollar, H&R Block, Subway, a pizzeria, tobacco store, hair salon, and Chinese restaurant. The property enjoys excellent visibility at a well-lit intersection, surrounded by the substantial Pocono Farms residential development, ensuring a consistent flow of potential customers. The strategic location, just three miles from the major five-point intersection of State Routes 611, 940, and 196, provides easy access and high traffic volume. With a current traffic count of 5,751 ADT along State Route 196, this property offers unparalleled exposure and potential for significant growth. The expansive 120.55-acre lot provides ample space and opportunity for future development or expansion. This is an exceptional opportunity to establish or expand your business in a thriving Pocono Mountains community. The asking price is $10 million. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Year built 1988
Total area 20,762 SF
Lot 120.55 ac (5,251,158 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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