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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Grocery and convenience stores
2693 Rte 940 Pocono Summit, PA 18346-7734
Entity Owned
3-yr Hold
Property ID
US73-3683202
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1971
Total area
2,876 SF
Lot
0.78 ac (33,977 SF)
Zoning code
C
APN
19.4B.1.144
UPID
US73-3683202
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
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
Duane Manning Realty LP · 3 yrs held
Duane Manning Realty LP
since 2023
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
C · Pocono Summit, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Pocono Summit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pocono Summit 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
$1,355,000
ML approach
$1,290,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±10% · vs last sale $1.36M (Jun 1 2023)
Last sale anchor
$1.36M
Jun 1 2023
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
$466 / 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
$9,204
Tax year 2024
Assessed value
$1,421,220
Assessed 2024
Previous assessed
$1,105,000
+28.6% YoY
Effective rate
0.65%
On assessed value
Assessed land
$494,550
Assessed improvement
$926,670
Land market value
$494,550
Improvement market value
$926,670
Total market value
$1,421,220
Applied tax rate
19.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1971
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
2,876 SF
Lot
0.78 ac (33,977 SF)
Zoning code
C
APN
19.4B.1.144
UPID
US73-3683202
Jurisdiction
MONROE
Zoning & alternative use
C · Pocono Summit, PA
Zoning C · permitted uses
C · Pocono Summit, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pocono Summit. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Lot
0.78 ac
Current owner
From public records · entity-resolved
Duane Manning Realty LP
Entity
Mailing address
645 HAMILTON ST STE #500, ALLENTOWN, PA 18101-2193
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2023
—
Duane Manning Realty LP
Duane Manning Realty LP
Intrafamily Transfer
related
—
May 2, 2023
—
Dunne Manning Realty LP
Dunne Manning Realty LP
Intrafamily Transfer
related
—
Oct 10, 2017
$1,361,000
Dunne Manning Realty LP
Lgp Realty Holdings LP
Special Warranty Deed
$12,000,000 · M & T Bank
Dec 31, 2012
$2,955,556
Lgp Realty Holdings LP
Dunmore Oil Co INC
Grant Deed
—
—
—
Dunmore Oil Co INC
—
Deed Of Trust
related
$4,400,000 · First National Community Bank
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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