232 Stony Mountain Rd, Jim Thorpe, PA 18229
For Sale
1 / 5
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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