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Property profile & analytics
FOR LEASE
Outlet malls
2836 Route 611 Tannersville, PA 18372
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-3981817
For Lease
1 / 2
$15 SF/Yr
2836 Route 611, Tannersville, PA 18372
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1993
Total area
72,386 SF
Lot
19.74 ac (859,874 SF)
Zoning code
C
APN
12.8.2.18
UPID
US73-3981817
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.06M
Owner & transaction history
Tannersville Realty Company LLC · 2 yrs held
Tannersville Realty Company LLC
since 2024
5 recorded transactions
Zoning & alternative use
C · Tannersville, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.3M
+20.1%
Auto repair, garage
$9.8M
+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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$9,420,000
Current use
RESTAURANT
$11,310,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,785,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$8,635,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$8,335,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$7.06M
Range $6.35M – $7.77M · ±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
$98 / 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
$70,233
Tax year 2024
Assessed value
$9,196,000
Assessed 2024
Previous assessed
$9,196,000
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$2,206,190
Assessed improvement
$6,989,810
Land market value
$2,206,190
Improvement market value
$6,989,810
Total market value
$9,196,000
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1993
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Total area
72,386 SF
Lot
19.74 ac (859,874 SF)
Zoning code
C
APN
12.8.2.18
UPID
US73-3981817
Jurisdiction
MONROE
Zoning & alternative use
C · Tannersville, PA
Zoning C · permitted uses
C · Tannersville, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tannersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$9.4M
RESTAURANT
Est. value
$11.3M
AUTO REPAIR, GARAGE
Est. value
$9.8M
OFFICE BUILDING
Est. value
$8.6M
MEDICAL BUILDING
Est. value
$8.3M
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
1993
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Lot
19.74 ac
Current owner
From public records · entity-resolved
Tannersville Realty Company LLC
Entity
Mailing address
490 N MAIN ST STE #101, PITTSTON, PA 18640-2100
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Apr 3, 2024
—
Tannersville Realty Company LLC
—
Deed
related
$600,000 · Wayne Bank
Jun 1, 2023
—
Ronald Besser JR
—
Deed
related
$560,000 · Wilmington Savings Fund Society Fsb
Nov 26, 2019
—
Tannersville Realty Co LP
—
Deed
related
$14,980 · Peoples Sec Bk&tr
—
—
Tannersville Realty Co LP
—
Deed Of Trust
related
$14,980 · Peoples Sec Bk&tr
—
—
Tannersville Realty Co LP
—
Deed Of Trust
related
$13,200,000 · Peoples Sec Bk&tr
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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