Financial
Distress signals
Property profile

2977 Rte 611 Tannersville, PA 18372

OFF-MARKET
Turn key restaurants
Property ID
US73-3617152
10,817 SF 2.1 ac lot Built 1902
Last sale May 2023 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property at 2977 Route 611 in Tannersville consists of 2.48 acres of commercial land with existing improvements, including an operating 12,001-square-foot restaurant building and a separate 1,852-square-foot residence. The site is located at a signalized intersection with access to public water, sewer, and gas. The location provides connectivity to Interstate 80 via Exit 299 and the site is on Route 611. In Pocono Township, the land is zoned C, which allows a range of commercial uses such

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023

Value estimate

· Sep 2026
$1.40M
$1.26M – $1.53M
Submarket $/SF estimate$1.69M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$156/SF
County average, outlier-cleaned · 45 recorded sales of this use type
Observed band · Q1–Q3$48 – $287

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.2
Tailor Shop8.8
Parking Facility8.6

Location

2977 Rte 611 Tannersville, PA 18372-7804
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 10 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2369 Rte 715, Tannersville, PA 18372-9156 $467,000 Feb 2022 1,037 SF
2894 Rte 611, Tannersville, PA 18372 $400,000 May 2020 600 SF
2912 Rte 611, Tannersville, PA 18372-7862 $800,000 Jan 2020 4,314 SF
145 Camelback, Tannersville, PA 18372-7843 $155,000 Nov 2018 9,932 SF
2959 Rte 611, Tannersville, PA 18372-7926 $1,800,000 Oct 2018 9,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2977 Rte 611?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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