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Property profile & analytics
OFF-MARKET Estimated value $2,625,000
Retail space

1240 9th St Stroudsburg, PA 18360-6507

20,890 SF 2.03 ac lot Built 1988
Entity Owned Absentee Owner Free & Clear
Property ID
US73-4139611
Property summary
AI-generated overview

This exceptional commercial property, located at 1240 N 9th Street in Stroudsburg, Pennsylvania, presents a remarkable leasing opportunity. The building, part of the Stroud Plaza development, sits at the highly visible intersection of Route 611 and Bridge Street, benefiting from a substantial daily traffic count of 25,000 vehicles. This prime location ensures maximum exposure for any business, attracting both local clientele and tourists exploring the Pocono region. The property offers a generous 2,850 square feet of space within a newly constructed building, ideal for a variety of commercial uses. The 2.03-acre lot provides ample parking and visibility. Flexible lease terms are available, allowing businesses to tailor their space to their specific needs. With a May occupancy date, businesses can quickly establish themselves in this thriving commercial area. This is a rare opportunity to secure a space in a high-demand location with excellent visibility and accessibility. Don't miss out on this chance to establish your business in the heart of Stroudsburg.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1988
Construction FRAME
Total area 20,890 SF
Lot 2.03 ac (88,427 SF)
Zoning code C-2
APN 17.12.5.10
UPID US73-4139611
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
  • Diamond Eagle Taxes Tax Preparation
  • Tuxedo By Sarno Menswear & Suits (Bike/Boat/Book/etc) Store Clothing & Fashion Store
  • iDropped - Stroudsburg - Stroud Plaza Computer & Electronic Repair Tech Support Center
  • El Cocinero Restaurant Restaurant
  • 611 Massage Studio Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.63M
Comparable Approach Comparable
$2.63M
Blend (final) Blend
$2.63M
Owner & transaction history
JOHMIS ASSOCIATES
JOHMIS ASSOCIATES
Zoning & alternative use
C-2 · Stroudsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $3.3M +20.1%
Auto repair, garage $2.8M +3.9%
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