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Property profile & analytics
OFF-MARKET
Commercial real estate

167 Independence Rd East Stroudsburg, PA 18301

4.89 ac lot Built 1953
Property ID
US73-3661235
Property summary
AI-generated overview

This exceptional mixed-use property, located at 167 Independence Rd, East Stroudsburg, PA 18301, presents a unique investment opportunity. The 4.89-acre lot, encompassing three parcels with 437 feet of road frontage, is zoned within the Economic Development District, offering diverse development possibilities. The property includes a charming split-level ranch, perfect for residential use or as an income-generating rental. This 2-story, 1953-built building features three spacious bedrooms and one bathroom. Interior highlights include laminate flooring in the living room with an electric fireplace, and a kitchen with ample cabinet and counter space. A one-car garage and a partial basement provide additional storage. The property's strategic location offers easy access to Route 80, Delaware Water Gap, East Stroudsburg University, and local hospitals. With its substantial size and prime location, this property is ideal for a variety of uses, from medical facilities to warehouse space. The current lease expires December 31, 2024, with minimal remaining lease term. The asking price is $699,000.

Property profile
Verified
Property type Commercial real estate
Year built 1953
Lot 4.89 ac (213,008 SF)
UPID US73-3661235
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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