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Property profile & analytics
OFF-MARKET
Commercial real estate

674 Route 196 Tobyhanna, PA 18466

2,000 SF 120.55 ac lot Built 1988
Property ID
Property summary
AI-generated overview

This exceptional 2,000 square foot commercial space is located within Carriage Square, a thriving 16-unit, 65,000 square foot neighborhood shopping center in Tobyhanna, PA. The property, situated at a well-lit intersection, benefits from high visibility and excellent access. Anchored by Rite Aid, the center boasts a diverse mix of established tenants including Family Dollar, H&R Block, Subway, a pizzeria, a tobacco store, a hair salon, and a Chinese restaurant, creating a strong synergy and attracting a consistent flow of customers. The location is strategically positioned within the Pocono Farms residential development, ensuring a readily available customer base. The property sits on a substantial 120.55-acre lot, offering ample space and potential for future expansion. Furthermore, its proximity to the major intersection of State Routes 611, 940, and 196 (just 3 miles south) provides easy access for customers and employees alike. With a current traffic count of 5,751 ADT along State Route 196, this property presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area. The asking price for this exceptional space is $14 (presumably million, though the provided data does not specify the unit). This is a rare opportunity to establish or expand your business in a prime Pocono Mountains location.

Property profile
Verified
Property type Commercial real estate
Year built 1988
Total area 2,000 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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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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