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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Theaters & concert halls
1403 Pocono Blvd Mount Pocono, PA 18344-1680
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-3929969
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
1978
Total area
6,734 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C-1
APN
10.4.2.45-2
UPID
US73-3929969
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Steve M Tran · 4 yrs held
Steve M Tran
since 2021
Last sale
$790,000
4 recorded transactions
Zoning & alternative use
C-1 · Mount Pocono, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Links to specific districts have also been added below: Residential R-1 Residential Low Density, Single-Family R-2 Residential Low Density, Single-Family and Duplex R-3 Residential Medium Density, Mixed Type Commercial C-1 Commercial, Downtown C-2 Commercial, General Industrial M Industrial RLM Railroad-Light Manufacturing 2022-09-20 § 215-13 Designation of…
Zone name
Commercial Downtown
General category
MIXED_USE
Zone area
116.50 ac
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 Mount Pocono submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Pocono 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
$625,000
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$610,000
Change: 0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$545,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$545,000
Change: 0% · Conversion: Difficult
MEDICAL BUILDING
$525,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$515,000
Change: 0% · Conversion: Difficult
RESTAURANT
$450,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $790k (Sep 30 2021)
Last sale anchor
$790k
Sep 30 2021
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
$93 / 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
$7,723
Tax year 2024
Assessed value
$751,930
Assessed 2024
Previous assessed
$751,930
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$186,000
Assessed improvement
$565,930
Land market value
$186,000
Improvement market value
$565,930
Total market value
$751,930
Applied tax rate
10.0000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
1978
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
6,734 SF
Lot
1.24 ac (54,014 SF)
Zoning code
C-1
APN
10.4.2.45-2
UPID
US73-3929969
Jurisdiction
MONROE
Zoning & alternative use
C-1 · Mount Pocono, PAZoning C-1 · permitted uses
C-1 · Mount Pocono, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Links to specific districts have also been added below: Residential R-1 Residential Low Density, Single-Family R-2 Residential Low Density, Single-Family and Duplex R-3 Residential Medium Density, Mixed Type Commercial C-1 Commercial, Downtown C-2 Commercial, General Industrial M Industrial RLM Railroad-Light Manufacturing 2022-09-20 § 215-13 Designation of districts. § 215-14 Official Zoning Map. § 215-15 District boundaries. § 215-16 Di
Zone name
Commercial Downtown
General category
MIXED_USE
Zone area
116.50 ac
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$610,000
COMMERCIAL (GENERAL)
Est. value
$545,000
RETAIL STORES
Est. value
$545,000
MEDICAL BUILDING
Est. value
$525,000
OFFICE BUILDING
Est. value
$515,000
RESTAURANT
Est. value
$450,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
RESTAURANT
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
1978
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Steve M Tran
Individual
Mailing address
330 TARA HL DR, STROUDSBURG, PA 18360-9309
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$790,000
Steve M Tran
George J Litz
Deed
$790,000 · First Keystone Community Bank
Oct 10, 2019
—
George J Litz
—
Deed
related
$150,322 · Pnc Bk
Aug 20, 2018
—
George J Litz
Litz Sheila M
Quit Claim Deed
—
—
—
George J Litz
—
Loan Modification
related
$150,322 · Pnc Bk
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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