416 Sterling Rd Tobyhanna, PA 18466
- Land
- 33.00 lot acres
Current Use by Public Records
- Land
Property Details for 416 Sterling Rd
- Lot size
- 33.00 lot acres
- Property type
- Land
Description
This exceptional 33-acre parcel in Tobyhanna, Pennsylvania, presents a remarkable opportunity for commercial development. Located at 416 Sterling Rd, 18466, Monroe County, this fee-simple property boasts a C-1 Convenience Commercial zoning designation, offering diverse development possibilities. The land is improved with a 5,000 square foot building and features approximately 376 feet of frontage. Its flat terrain makes construction straightforward. The property's strategic location provides excellent access to major transportation arteries, including Interstate 80 (8 miles), Interstate 380 (6 miles), and State Routes 611 and 940 (1 mile). Proximity to Tannersville and the Crossings Premium Outlets (8.8 miles), Mount Airy Casino and Resort, and Kalahari Resort and Conference Center (5 miles) ensures high visibility and potential for strong tenant demand. Permitted uses include recreation/entertainment, senior living, assisted living, nursing homes, or state-of-the-art professional offices. The local business community actively supports development, offering various funding programs such as LERTA and RAC-P. Public water hookup is readily available, and public sewer hookup is a possibility. State and local financing options are also available, making this a compelling investment opportunity. The asking price is $925,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Tobyhanna
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.3575
- Latitude
- 41.1494
