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Property profile & analytics
OFF-MARKET
Estimated value
$107,475,000
Retail space
233 Meadowside Rd Mount Pocono, PA 18344-7138
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US73-3585596
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Construction
FRAME
Total area
627,114 SF
Lot
896.17 ac (39,037,165 SF)
Zoning code
R-2
APN
11.7.1.15
UPID
US73-3585596
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$108.80M
Comparable Approach
Comparable
$129.97M
Blend (final)
Blend
$107.48M
Owner & transaction history
Mount Airy #1 LLC · 16 yrs held
Mount Airy #1 LLC
since 2010
7 recorded transactions
Zoning & alternative use
R-2 · Mount Pocono, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$98.0M
+20.1%
Auto repair, garage
$84.8M
+3.9%
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 Mount Pocono submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Pocono 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$117,865,000
6.5%
$108,800,000
7%
$101,030,000
Alternative Use
Use
Estimation
RETAIL STORES
$81,615,000
Current use
RESTAURANT
$97,975,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$84,780,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$74,820,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$72,205,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$107.48M
Range $96.73M – $118.22M · ±10%
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
$523,019
Tax year 2024
Assessed value
$104,441,970
Assessed 2024
Previous assessed
$104,441,970
+0.0% YoY
Effective rate
0.50%
On assessed value
Assessed land
$37,866,000
Assessed improvement
$66,575,970
Land market value
$37,866,000
Improvement market value
$66,575,970
Total market value
$104,441,970
Applied tax rate
11.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2007
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
5
Stories
1
Rooms
2
Bathrooms
1
Total area
627,114 SF
Lot
896.17 ac (39,037,165 SF)
Zoning code
R-2
APN
11.7.1.15
UPID
US73-3585596
Jurisdiction
MONROE
Zoning & alternative use
R-2 · Mount Pocono, PA
Zoning R-2 · permitted uses
R-2 · Mount Pocono, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Pocono. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$81.6M
RESTAURANT
Est. value
$98.0M
AUTO REPAIR, GARAGE
Est. value
$84.8M
OFFICE BUILDING
Est. value
$74.8M
MEDICAL BUILDING
Est. value
$72.2M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
2007
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
5
Rooms
2
Bathrooms
1
Lot
896.17 ac
Current owner
From public records · entity-resolved
Mount Airy #1 LLC
Entity
Mailing address
312 WOODLAND RD, MOUNT POCONO, PA 18344-7172
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2024
—
Mount Airy 1 LLC
—
Deed
related
$145,000 · Peoples Security Bank & Trust Company
Jun 28, 2021
—
Mount Airy 1 LLC
—
Deed
related
$231,250,000 · Ankura Trust Co LLC
Jul 28, 2020
—
Mount Airy 1 LLC
—
Deed
related
$50,000,000 · Fncb Bk
Jul 20, 2020
—
Mount Airy 1 LLC
—
Deed
related
$20,000,000 · Fortress Credit Co LLC
Dec 28, 2017
—
Mount Airy 1 LLC
—
Grant Deed
related
$170,000,000 · Fortress Cr
Apr 23, 2010
—
Mount Airy #1 LLC
Mount Airy #1 LLC
Other
—
Jun 23, 2008
—
Mount Airy 1 LLC
—
Deed Of Trust
related
$291,022,000 · J P Morgan Chase Bank
May 5, 2008
—
Mount Airy 1 LLC
—
Deed Of Trust
related
$420,000,000 · J P Morgan Chase Bank
Aug 9, 2007
—
Mount Airy 1 LLC
—
Deed Of Trust
related
$420,000,000 · J P Morgan Chase Bank
Dec 30, 2004
$5,100,000
Mount Airy 1 LLC
Pocono Associates
Grant Deed
$35,100,000 · Pnc Bank
—
—
Mount Airy 1 LLC
—
Loan Modification
related
—
—
—
Mount Airy 1 LLC
—
Deed Of Trust
related
$55,000,000 · Wilmington Trust National Association Wilmington Trust National Association
—
—
Mount Airy 1 LLC
—
Deed Of Trust
related
—
—
—
Mount Airy 1 LLC
—
Loan Modification
related
$20,000,000 · Fortress Credit Co LLC
—
—
Mount Airy 1 LLC
—
Deed Of Trust
related
$50,000,000 · Fncb Bk
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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