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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Commercial real estate
2797 Rte 611 Tannersville, PA 18372
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-3990725
Property summary
AI-generated overview
Fullerton Plaza offers a fantastic 974-square-foot retail space currently available for lease. This versatile suite is ideal for a variety of uses, including dental, medical (non-dispensary), retail, real estate, or insurance offices. The space boasts one ADA-compliant bathroom and individual air conditioning units for optimal climate control. The building underwent a complete remodel in 2023, ensuring modern and updated amenities. Its strategic location near the intersection of State College and Orangethorpe avenues provides excellent visibility and accessibility. Furthermore, the property benefits from its convenient proximity to the 57 and 91 freeways, ensuring easy commutes for both employees and customers. The landlord is offering attractive lease incentives, including the possibility of free rent and/or tenant improvement allowances, making this an exceptional opportunity for prospective tenants. Please note that floor plans represent approximate square footage.
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1909
Total area
8,408 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C
APN
12.8.1.15
UPID
US73-3990725
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
$650k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$598k
Blend (final)
Blend
$690k
Owner & transaction history
Immobiliare Holdings LLC · 1 yrs held
Immobiliare Holdings LLC
since 2025
Last sale
$775,000
1 recorded transaction
Zoning & alternative use
C · Tannersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+80.9%
Retail stores
$1.1M
+74.1%
Office building
$1.0M
+59.6%
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 Tannersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tannersville 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
$735,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$630,000
Current use
AUTO REPAIR, GARAGE
$1,135,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$1,095,000
Change: +74% · Conversion: Easy
OFFICE BUILDING
$1,005,000
Change: +60% · Conversion: Easy
MEDICAL BUILDING
$970,000
Change: +54% · Conversion: Easy
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $775k (Apr 28 2025)
Last sale anchor
$775k
Apr 28 2025
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
$82 / 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
$4,011
Tax year 2024
Assessed value
$525,220
Assessed 2024
Previous assessed
$525,220
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$247,000
Assessed improvement
$278,220
Land market value
$247,000
Improvement market value
$278,220
Total market value
$525,220
Applied tax rate
12.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1909
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
8,408 SF
Lot
0.98 ac (42,689 SF)
Zoning code
C
APN
12.8.1.15
UPID
US73-3990725
Jurisdiction
MONROE
Zoning & alternative use
C · Tannersville, PAZoning C · permitted uses
C · Tannersville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$630,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$970,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1909
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Immobiliare Holdings LLC
Entity
Mailing address
742 ANN ST, STROUDSBURG, PA 18360-2065
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2025
$775,000
Immobiliare Holdings LLC
Gene P Percudani
Deed
$1,005,000 · Robert Miller
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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