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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2018 Main St Stroudsburg, PA 18360-6549

    • Manufacturing properties
    • 89,432 SF
    • 11.57 lot acres
    OFF-MARKET
    Last Sale
    Dec 22, 2023
    $2,000,000
    Value Estimations
    $1,860,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-4059257
    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

    • Toledo Furniture / Furniture Store
    • Fabricated Components / Metal Fabricator
    • Beseler / Manufacturer

    Property Details for 2018 Main St

    Year built
    1961
    Construction
    FRAME
    Lot size
    11.57 lot acres
    Property size
    89,432 SF
    Zone code
    M-1
    Property type
    Manufacturing properties
    APN
    17.12.5.54-3
    APU
    17125543

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,990,000
      ML approach
      $2,130,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,463,000
      Market price range: $1.39M - $7.90M

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

    Location Insight

    • Map
    • Local Demand
    City
    Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.2311
    Latitude
    40.9823
    CBSA code
    20700
    CBSA name
    EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

    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
    $6,105
    $233,350
    $690,490
    $923,840
    -
    $233,350
    $690,490
    $923,840

    Comparable in this City

    • Value Estimation
      $195,000
      1,920 SF

      2220 Smith Rd

      PROCESSING PLANT (CEMENT, GRAVEL) • 1,920 SF
      2220 Smith Rd, Stroudsburg, PA 18360-7362
      View Details
    • Value Estimation
      $170,000
      1,776 SF

      163 Eureka Rd

      MANUFACTURING (LIGHT) • 1,776 SF
      163 Eureka Rd, Stroudsburg, PA 18360
      View Details
    • Value Estimation
      $225,000
      1.67 Acres

      Of I 80th St

      PROCESSING PLANT (CEMENT, GRAVEL) • 1.67 Acres
      Of I 80th St, Stroudsburg, PA 18360
      View Details
    • Value Estimation
      $1,270,000
      52,699 SF

      1901 Main St

      MANUFACTURING (LIGHT) • 52,699 SF
      1901 Main St, Stroudsburg, PA 18360-1029
      View Details
    • Value Estimation
      $245,000
      2,800 SF

      5814 Cherry Vly Rd

      MANUFACTURING (LIGHT) • 2,800 SF
      5814 Cherry Vly Rd, Stroudsburg, PA 18360-6896
      View Details
    • Value Estimation
      $405,000
      48,796 SF

      20 Kitson St

      MANUFACTURING (LIGHT) • 48,796 SF
      20 Kitson St, Stroudsburg, PA 18360
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      11,156 SF

      Stroudsburg Retail/Warehouse Opportunity

      Two buildings near Stroud Mall, ideal for warehousing/distribution.
      1157 N 9Th St, Stroudsburg, PA 18360
      View Details
    • $675,000
      13.83 Acres

      Serene Waterfall Property in Stroudsburg

      13.83 acres with waterfall near shopping and recreation.
      Serfas Dr, Stroudsburg, PA 18360
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    • $128,400
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      Scenic Land Parcel in Stroudsburg

      Land parcel with distant views, convenient to Delaware Water Gap.
      5 Saw Mill Rd, Stroudsburg, PA 18360
      View Details
    • Contact for pricing
      0.09 Acres

      Commercial Lot in Thriving Neighborhood

      Commercial lot with utilities, ideal for retail or office development.
      N 5Th St, Stroudsburg, PA 18360
      View Details
    • New
      $850,000
      3,434 SF

      Established Automotive Shop For Sale

      Turn-key, 7-bay auto shop with equipment and loyal clientele.
      1413 N 5Th St, Stroudsburg, PA 18360
      View Details
    • $5,500,000
      Pending

      Tannersville Industrial Land For Sale

      138.8 acres of industrial land near Interstate 80.
      303 Possinger Dr, Stroudsburg, PA 18360
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,200 SF

      Retail Space Available in Stroudsburg

      Retail property offering 4,200 square feet in Stroudsburg, PA.
      292 Frantz Rd, Stroudsburg, PA 18360
      View Details
    • $1,200 /Mo
      7,506 SF

      Downtown Stroudsburg Office Space

      Office suite in downtown Stroudsburg, near courthouse and county buildings.
      11 S 7Th St, Stroudsburg, PA 18360
      View Details
    • $1,150 /Mo
      7,776 SF

      Stroudsburg Office Space For Rent

      Office space with elevator and off-street parking available for rent.
      553 3Rd St, Stroudsburg, PA 18360
      View Details
    • $600 /Mo
      7,214 SF

      Office Suite on Main Street

      Small office suite for lease on historic Main Street.
      556 Main St, Stroudsburg, PA 18360
      View Details
    • $2,700 /Mo
      3,250 SF

      Renovated Office/Flexible Space Available

      Recently renovated office/flexible space in historic building, Stroudsburg, PA.
      612 Main St, Stroudsburg, PA 18360
      View Details
    • $2,100 /Mo
      1,043 SF

      Historic Main Street Retail Space

      Retail or office space on Stroudsburg's Historic Main Street.
      526 Main St, Stroudsburg, PA 18360
      View Details
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    2018 Main St
    Stroudsburg, PA 18360-6549
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    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
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