Property profile

232 Stony Mountain Rd Jim Thorpe, PA 18229

FOR SALE
Land
Property ID
US73-2677383
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Property summary

AI-generated overview

Price Reduced! $1,500,000 Three parcels totaling ±129 beautiful and flat acres located adjacent to the Northbound lane of the Pa Turnpike- Route 476, and directly off the Jim Thorpe exit. Over 1 mile of exceptional visibility, across from the Hickory Run Service Plaza! Property was a former golf course and includes a 6,000+ sf clubhouse; a 3,500-sf maintenance building and over 1 mile of road frontage! Located directly off the Jim Thorpe exit (Route 903) of the PA Turnpike this land would be ideal for many users. Close to major Pocono attractions including Jack Frost/Big Boulder ski areas, Lake Harmony, Big Boulder Lake, Weiser State Forest (right next door) Pocono Raceway, Split Rock Resort, Jim Thorpe and only minutes north to Route 80! Currently zoned R-2 Low Density Residential, which permits uses such as RV campground, crop farming, wholesale greenhouses, retail sales of agricultural products, community recreation center, solar energy collection, and public/private school. Adjacent to PPL Electric substation. Located at Turnpike Exit 87 (Jim Thorpe / Lake Harmony / Rt 903) Level Grade; Public Electric; Onsite Septic System; Well Water -- Adjacent to PPL Electric Substation

Property profile

Verified
Property type Land
UPID US73-2677383

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

232 Stony Mountain Rd Jim Thorpe, PA 18229
Jim Thorpe metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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