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Property profile

2642 Route 940 Pocono Summit, PA 18346

FOR SALE
Office buildings
Property ID
US73-3810849
7,059 SF 1 ac lot Built 1974
Last sale Apr 2004 · $365,000
Individually Owned Owner of record is an individual. 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A two-story professional office building totaling 7,059 square feet located in Pocono Summit on a 1-acre lot. The interior layout includes a reception area, conference and meeting rooms, private offices, and an open-plan bullpen, and the modern design provides abundant natural light. The building is ADA accessible and configured with a lower level and upper level arrangement, and it is designed to support a variety of commercial uses. Exterior features include pylon signage on Route 940 and 25…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$453k
Assessed land$100k
Assessed improvement$353k
Effective rate0.65%

Value estimate

· Oct 2026
$240k
$216k – $264k
NOI build-up
Gross scheduled income$169k
Vacancy & credit loss−$22k
Operating expenses−$37k
NOI · 10.09% cap applied$111k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$119/SF
County average, outlier-cleaned · 101 recorded sales of this use type
Observed band · Q1–Q3$56 – $183

Cap rate analysis

How does the asset earn?
10.09%
$111k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C
JurisdictionMONROE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop9.1
Auto Parts Store8.7
Parking Facility8.3

Location

2642 Route 940 Pocono Summit, PA 18346
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2600 Rte 940, Pocono Summit, PA 18346-7733 $165,000 Feb 2023 1,994 SF
2591 Rte 940, Pocono Summit, PA 18346-7845 $265,000 Jul 2022 4,000 SF
154 Smt, Pocono Summit, PA 18346-7766 $225,000 Nov 2020 4,258 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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