116 Airstrip Rd East Stroudsburg, PA 18301-8578
This exceptional 5,280 square foot light industrial/flex building, situated on a 0.92-acre lot in East Stroudsburg, Pennsylvania, presents a compelling investment opportunity. Constructed in 1998, this well-maintained single building boasts a desirable split-block design. The property features a spacious clear-span warehouse area with 16-foot ceilings, serviced by public water and sewer, and equipped for three-phase power and natural gas. A significant highlight is the inclusion of a large hangar door on one end and a 14-foot overhead door on the other, providing unparalleled access and flexibility. The building also includes a recently updated 1,200 square foot office space, complete with a separate entrance, an ADA-compliant restroom, a kitchenette, and three private offices. A mezzanine above the office area adds valuable storage space. Ample parking and improved roadway access further enhance the property's appeal. Currently occupied under a short-term lease, this property is ideally suited for an end-user seeking a versatile and functional space. The property is zoned MI and its APN is 16731200574226. The asking price is $499,000, translating to $94.51 per square foot. This fee-simple ownership opportunity offers a rare combination of functionality, location, and value in a thriving Northeast Pennsylvania industrial park. The property is currently tenant-occupied
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Lehigh Valley Medevac 2 Hospital
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M1 · East Stroudsburg, PAEast Stroudsburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.