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

    2198 Route 115 Brodheadsville, PA 18322

    • Commercial real estate
    • 960 SF
    • 0.96 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3430667
    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

    • Commercial real estate

    Property Details for 2198 Route 115

    Year built
    1975
    Lot size
    0.96 lot acres
    Property size
    960 SF
    Property type
    Commercial real estate

    Description

    This 960-square-foot mixed-use property in Brodheadsville, Pennsylvania, is being offered at auction with a minimum bid of $124,900. Located at 2198 Route 115, this 1975-built ranch boasts excellent visibility on a 0.96-acre lot, enjoying an average daily traffic count of 11,000 vehicles. The interior features spacious open living and dining areas with two sliding glass doors accessing a covered porch and patio. A first-floor laundry/supply room, galley kitchen, and ample closet space provide convenient functionality. The property also includes a full walk-out basement, ample parking, and several outbuildings. Recent updates include serviced heating and electrical systems, a clean roof, and new carpeting. The property's location in the heart of town, close to Pleasant Valley middle and high schools, makes it ideal for attracting local clientele. The permitted zoning is GC. Financing is subject to court approval within 60 days of the auction, scheduled for November 30th at 12 PM, with registration at 11 AM. A preview is available on November 23rd from 11 AM to 12 PM. Please refer to the auction company website for complete terms and conditions.

    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
    Brodheadsville
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.4053595
    Latitude
    40.9254679

    Comparable in this City

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      Brodheadsville Mixed-Use Property

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    • $349,900
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      Mixed-Use Property on Route 209

      Three-unit mixed-use property with high visibility and income potential.
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    • $349,900
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      Mixed-Use Property on Route 209

      Three-unit mixed-use property with high visibility and income potential.
      1980 Route 209, Brodheadsville, PA 18322
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    • $2,750,000
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      Brodheadsville Strip Center Investment

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    • $259,000
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      Brodheadsville Commercial Property Investment

      High-potential commercial building, 1300 sq ft.
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    • $1,995,000
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      Signalized Intersection Land Opportunity

      5 acres at signalized intersection of Rt. 209 and Rt. 715.
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    Similar Nearby for Sale

    • $369,000
      3,496 SF

      Brodheadsville Mixed-Use Property

      Four-unit building, high-traffic location.
      1980 Us-209, Brodheadsville, PA 18322
      View Details
    • $349,900
      2,992 SF

      Mixed-Use Property on Route 209

      Three-unit mixed-use property with high visibility and income potential.
      1980 Route 209, Brodheadsville, PA 18322
      View Details
    • $349,900
      2,992 SF

      Mixed-Use Property on Route 209

      Three-unit mixed-use property with high visibility and income potential.
      1980 Route 209, Brodheadsville, PA 18322
      View Details
    • $2,750,000
      35,693 SF

      Brodheadsville Strip Center Investment

      High-traffic, 7-unit commercial center with expansion potential.
      137 Erin Ln, Brodheadsville, PA 18322
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    • $259,000
      1,300 SF

      Brodheadsville Commercial Property Investment

      High-potential commercial building, 1300 sq ft.
      232 Rodenbach Ln, Brodheadsville, PA 18322
      View Details
    • $1,995,000
      5.04 Acres

      Signalized Intersection Land Opportunity

      5 acres at signalized intersection of Rt. 209 and Rt. 715.
      1762 Route 209, Brodheadsville, PA 18322
      View Details

    Similar Nearby for Lease

    • $800 /Mo
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      Versatile Storage/Office Flex Space

      Flexible commercial space for storage, office, or small business.
      1980 Unit A C, Brodheadsville, PA 18322
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    • $1,800 /Mo
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      Brodheadsville Warehouse Space Available

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      127 Snyder Ln, Brodheadsville, PA 18322
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    • $5,900 /Mo

      Commercial Space Ready For Occupancy

      4,300 sqft commercial space suitable for various uses.
      208 Front Kevin Ln, Brodheadsville, PA 18322
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    • $1,700 /Mo
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      Brodheadsville Warehouse Space Available

      2,460 SF shop/warehouse with rollup door for lease.
      127 Snyder Ln, Brodheadsville, PA 18322
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    • $249,900
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      Retail Units Available For Rent

      Two 700-SF retail units for rent, high visibility location.
      1980 Route 209, Brodheadsville, PA 18322
      View Details
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    2198 Route 115
    Brodheadsville, PA 18322
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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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