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Property profile & analytics
OFF-MARKET
Estimated value
$7,900,000
Warehouses
104 Joel St, East Stroudsburg, PA 18301-8982
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-3864892
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Construction
FRAME
Total area
45,600 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C1
APN
16.7C.1.50
UPID
US73-3864892
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
Current use
Occupant on record · Public records
-
Life Storage - East Stroudsburg Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.74M
CAP Approach
CAP
$6.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.90M
Owner & transaction history
Life Storage LP · 5 yrs held
Life Storage LP
since 2020
Last sale
$8.0M
6 recorded transactions
Zoning & alternative use
C1 · East Stroudsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.1M
+174.4%
Auto repair, garage
$6.2M
+137.4%
Retail stores
$5.9M
+128.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs East Stroudsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Stroudsburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,795,000
ML approach
$7,740,000
CAP Approach
CAP Return
Estimation
6%
$7,050,000
6.5%
$6,505,000
7%
$6,040,000
Alternative Use
Use
Estimation
RESTAURANT
$7,125,000
Change: +174% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,165,000
Change: +137% · Conversion: Easy
RETAIL STORES
$5,935,000
Change: +129% · Conversion: Moderate
MEDICAL BUILDING
$5,250,000
Change: +102% · Conversion: Difficult
Blend value · Realmo final
$7.90M
Range $7.11M – $8.69M · ±10% · vs last sale $8.03M (Oct 2 2020)
Last sale anchor
$8.03M
Oct 2 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$173 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$24,310
Tax year 2024
Assessed value
$3,486,140
Assessed 2024
Previous assessed
$3,486,140
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$246,000
Assessed improvement
$3,240,140
Land market value
$246,000
Improvement market value
$3,240,140
Total market value
$3,486,140
Applied tax rate
16.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
45,600 SF
Lot
1.64 ac (71,438 SF)
Zoning code
C1
APN
16.7C.1.50
UPID
US73-3864892
Jurisdiction
MONROE
Zoning & alternative use
C1 · East Stroudsburg, PA
Zoning C1 · permitted uses
C1 · East Stroudsburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
East Stroudsburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$7.1M
AUTO REPAIR, GARAGE
Est. value
$6.2M
RETAIL STORES
Est. value
$5.9M
MEDICAL BUILDING
Est. value
$5.3M
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Life Storage LP
Entity
Mailing address
6467 MAIN ST, WILLIAMSVILLE, NY 14221-5856
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 2, 2020
$160,714
Life Storage LP
Sh 729-744 LLC
Grant Deed
—
Jul 15, 2011
$4,249,285
Sh 729-744 LLC
Storage Assets LLC
Grant Deed
$74,600,000 · Pnc Bank
Jun 16, 2009
—
Storage Assets LLC
—
Deed Of Trust
related
$7,090,000 · Td Bank NA
Nov 30, 2005
$850,000
Storage Assets LLC
Storagemasters Of East Stroudsbur
Grant Deed
—
May 5, 2004
$350,000
Storagemasters Of East Stroudsbur
Glen Eyre Corp
Grant Deed
—
Feb 27, 2004
—
Glen Eyre Corp
Huffman,wanda L
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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