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Property profile & analytics
OFF-MARKET
Estimated value
$1,190,000
Medical Office Space
232 Independence Rd East Stroudsburg, PA 18301-9447
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-3621789
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Construction
FRAME
Total area
6,949 SF
Lot
1.07 ac (46,609 SF)
Zoning code
C1
APN
16.119498
UPID
US73-3621789
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
Current use
Occupant on record · Public records
-
Nana B. Carr, Crna Physician
-
Carr Nathan P Employment Agency
-
Beck Amanda Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
$1.28M
Comparable Approach
Comparable
$760k
Blend (final)
Blend
$1.19M
Owner & transaction history
Dew Gap LLC · 5 yrs held
Dew Gap LLC
since 2021
Last sale
$1.5M
4 recorded transactions
Zoning & alternative use
C1 · East Stroudsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.1M
+35.7%
Auto repair, garage
$940,000
+17.4%
Retail stores
$905,000
+13.0%
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 East Stroudsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Stroudsburg 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
$1,150,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
$1,380,000
6.5%
$1,275,000
7%
$1,185,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$800,000
Current use
RESTAURANT
$1,085,000
Change: +36% · Conversion: Difficult
AUTO REPAIR, GARAGE
$940,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$905,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$1.19M
Range $1.07M – $1.31M · ±10% · vs last sale $1.45M (Jun 3 2021)
Last sale anchor
$1.45M
Jun 3 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
$171 / 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
$5,579
Tax year 2024
Assessed value
$800,000
Assessed 2024
Previous assessed
$800,000
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$400,000
Assessed improvement
$400,000
Land market value
$400,000
Improvement market value
$400,000
Total market value
$800,000
Applied tax rate
16.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
6,949 SF
Lot
1.07 ac (46,609 SF)
Zoning code
C1
APN
16.119498
UPID
US73-3621789
Jurisdiction
MONROE
Zoning & alternative use
C1 · East Stroudsburg, PAZoning C1 · permitted uses
C1 · East Stroudsburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$800,000
RESTAURANT
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$940,000
RETAIL STORES
Est. value
$905,000
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
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
1990
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.07 ac
Current owner
From public records · entity-resolved
Dew Gap LLC
Entity
Mailing address
805 SCOTT ST #3, STROUDSBURG, PA 18360-1817
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
May 18, 2022
—
Dew Gap LLC
—
Deed
related
$7,000,000 · Da7 Co Ltd
Jun 3, 2021
$1,450,000
Dew Gap LLC
Dsp II LP
Deed
$1,160,000 · Essa Bank & Trust
May 21, 2015
$3,500,000
Dsp II LP
Vegari Matt M 2012 Trust
Grant Deed
$3,233,152 · Peoples Sec Bk&tr
Apr 16, 2012
—
Vegari Matt M 2012 Trust
Vegari,matt M
Quit Claim Deed
related
—
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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