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Property profile & analytics
OFF-MARKET
Warehouses

116 Airstrip Rd East Stroudsburg, PA 18301-8578

5,280 SF 0.92 ac lot Built 1998
Individually Owned 1-yr Hold Free & Clear
Property ID
US73-4038262
Property summary
AI-generated overview

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

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Total area 5,280 SF
Lot 0.92 ac (40,075 SF)
Zoning code M1
APN 16.113769
UPID US73-4038262
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
  • Lehigh Valley Medevac 2 Hospital
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Lehigh Valley Health Network Emerge · 1 yrs held
Lehigh Valley Health Network Emerge
since 2025
2 recorded transactions
2025
$510,000
2021
Price N/A
Zoning & alternative use
M1 · East Stroudsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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