Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1416 Main St Honesdale, PA 18431-2006

    • Investment properties
    • 4,564 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3340925
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Rockwell Travel / Travel Agency

    Property Details for 1416 Main St

    Year built
    1872
    Lot size
    0.33 lot acres
    Property size
    4,564 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    11-0-0003-0073
    APU
    11000030073

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Honesdale
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.2598
    Latitude
    41.5798

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,842
    $26,400
    $331,300
    $357,700
    -
    $26,400
    $331,300
    $357,700

    Comparable in this City

    • Value Estimation by Request
      8.34 Acres

      Honesdale, PA 18431

      OFFICE/RESIDENTIAL (MIXED USE) • 8.34 Acres
      Honesdale, PA 18431
      View Details
    • Value Estimation by Request
      1,659 SF

      Bates Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,659 SF
      Bates Rd, Honesdale, PA 18431
      View Details
    • Value Estimation by Request
      2,160 SF

      1019 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,160 SF
      1019 Main St, Honesdale, PA 18431-1905
      View Details
    • Value Estimation
      $810,000
      9,913 SF

      Park Hotel Apartments

      OFFICE/RESIDENTIAL (MIXED USE) • 9,913 SF
      Park Hotel Apartments, Honesdale, PA 18431
      View Details
    • Value Estimation by Request
      4.00 Acres

      30 Parker Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 4.00 Acres
      30 Parker Rd, Honesdale, PA 18431-3135
      View Details
    • Value Estimation by Request
      1,440 SF

      8 Ranner Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,440 SF
      8 Ranner Dr, Honesdale, PA 18431-6591
      View Details

    Similar Nearby for Sale

    • $250,000
      2,700 SF

      Honesdale Duplex Bordering Deyberry Creek

      Charming, fully rented duplex in historic Honesdale near shops and parks.
      1797-1799 N Main St, Honesdale, PA 18431
      View Details
    • $269,000
      936 SF

      Honesdale Two-Family Income Property

      Income-producing two-family property with residential and commercial zoning.
      307 Willow Ave, Honesdale, PA 18431
      View Details
    • $269,000
      1,174 SF

      Honesdale Two-Family Mixed-Use Property

      Versatile property zoned for residential and commercial use.
      301 Willow Ave, Honesdale, PA 18431
      View Details
    • $1,100,000
      7,500 SF

      Honesdale Retail Building on Route 6

      7,500 SF retail building on 1.16-acre corner lot.
      100 Tryon St, Honesdale, PA 18431
      View Details
    • $74,900
      3.00 Acres

      Honesdale, PA Land Parcel

      3-acre corner parcel with wooded and cleared areas.
      Mapleview Dr, Honesdale, PA 18431
      View Details
    • $59,900
      0.77 Acres

      Residential Land in Honesdale, PA

      Building lot near Honesdale with central sewer and utilities.
      27 Summit View Ct, Honesdale, PA 18431
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      132,600 SF

      Honesdale Retail Center Investment

      Prime Retail Space, High Traffic Area
      1199 Texas Palmyra Hwy, Honesdale, PA 18431
      View Details
    • $600 /Mo
      Pending

      Honesdale Commercial Space For Lease

      Bright, versatile commercial space in the heart of downtown Honesdale.
      622 Main St, Honesdale, PA 18431
      View Details
    • $2,800 /Mo

      Honesdale Medical/Professional Office Space

      2,200 SF move-in ready office space near downtown Honesdale.
      1095 Texas Palmyra Hwy, Honesdale, PA 18431
      View Details
    • $1,800 /Mo

      Honesdale Apartment with Three Bedrooms

      Upstairs apartment with three bedrooms, close to amenities.
      314 11Th St, Honesdale, PA 18431
      View Details
    • $2,000 /Mo
      16,988 SF

      Prime Downtown Honesdale Commercial Space

      Highly desirable commercial space in a bustling downtown location.
      2 Chapel St, Honesdale, PA 18431
      View Details
    • Contact for pricing

      Retail Spaces Available Near Weis

      Inline retail spaces for lease near major retailers.
      Old Willow Ave, Honesdale, PA 18431
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1416 Main St
    Honesdale, PA 18431-2006
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.