Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Pa-940 White Haven, PA 18624
    Back to Search
    Property profile & analytics

    Pa-940 White Haven, PA 18624

    View on Map
    • Land
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Pa-940

    Property type
    Land

    Description

    This exceptional 22+/- acre parcel of vacant, wooded land presents a remarkable development opportunity. Ideally situated along Route 940, approximately one mile west of the Pennsylvania Turnpike's Pocono exit, this property offers unparalleled convenience and accessibility. Located in Kidder Township, Carbon County, Pennsylvania, the land is zoned R3, signifying its readiness for residential development. Recent wetland delineation studies have been completed, providing valuable data for potential developers. Furthermore, an engineering estimate of the land's yield is readily available, streamlining the planning process. The property's address is PA-940, Lake Harmony, PA 18624. With its prime location, favorable zoning, and readily accessible supporting documentation, this 22-acre tract represents a significant investment opportunity for those seeking to build in the desirable Pocono Mountains region. The asking price for this exceptional property is $315,000. Don't miss this chance to acquire a substantial piece of land with significant development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    White Haven
    County
    Carbon
    State
    Pennsylvania
    Longitude
    -75.7186
    Latitude
    41.0693

    Comparable in this City

    • Value Estimation by Request
      868 SF

      Lk Harmony Rd

      PARKING LOT • 868 SF
      Lk Harmony Rd, Lake Harmony, PA 18624
      View Details
    • Value Estimation by Request
      0.23 Acres

      16 Blue Rdg Ct

      RADIO OR TV STATION • 0.23 Acres
      16 Blue Rdg Ct, Lake Harmony, PA 18624
      View Details
    • Value Estimation by Request
      3,964 SF

      252 Lk Harmony Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,964 SF
      252 Lk Harmony Rd, Lake Harmony, PA 18624
      View Details
    • Value Estimation by Request

      271 Tower Rd

      RADIO OR TV STATION
      271 Tower Rd, Lake Harmony, PA 18624
      View Details
    • Value Estimation
      $1,485,000
      9.00 Acres

      38 Lk Dr

      PROFESSIONAL CLUBS/ASSOCIATIONS • 9.00 Acres
      38 Lk Dr, Lake Harmony, PA 18624-3401
      View Details
    • Value Estimation by Request
      1,296 SF

      244 Lk Harmony Rd

      RESTAURANT • 1,296 SF
      244 Lk Harmony Rd, Lake Harmony, PA 18624
      View Details

    Similar Nearby for Sale

    • $99,000
      0.05 Acres

      Lake Harmony Building Pad

      Building pad with lake and ski slope views in Lake Harmony.
      426 Longview Dr, Lake Harmony, PA 18624
      View Details
    • Contact for pricing

      Commercially Zoned Land Available

      40 acres of commercially zoned land near Route 903.
      Rte 903, Albrightsville, PA 18624
      View Details
    • $275,000
      0.20 Acres

      Lake Harmony Lakeview Lot

      Lakeview lot in Lake Harmony, PA. Build your dream home!
      Alder Ln, Lake Harmony, PA 18624
      View Details
    • $575,000
      22.25 Acres

      Vacant Land Near Lake Harmony

      22 acres of wooded land with development potential.
      Rr 940, Lake Harmony, PA 18624
      View Details
    • $125,000
      0.96 Acres

      Lake Harmony Land Opportunity

      Build your dream home in Lake Harmony, PA.
      H17 Wolf Hollow Rd, Lake Harmony, PA 18624
      View Details
    • $49,900
      Pending

      Residential Lot in Lake Harmony

      Building lot available for a dream home in Lake Harmony.
      Crest Dr, Lake Harmony, PA 18624
      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.
    Pa-940
    White Haven, PA 18624
    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
    Pa-940, White Haven, PA, 18624
    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!