Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    29 Sterling Rd Mount Pocono, PA 18344
    Back to Search
    Property profile & analytics

    29 Sterling Rd, Mount Pocono, PA 18344

    View on Map
    • Office buildings
    • 6,248 SF
    • 0.34 lot acres
    For Lease
    $1,950/Mo
    View Listing →
    Retail Space in Mount Pocono For Lease
    $1,950/Mo
    1,650 SF

    Retail Space in Mount Pocono

    Prominent 1,650 SF retail location near 5-Points intersection.

    29 Sterling Road, Mount Pocono, PA 18344
    View Listing
    Property ID
    US73-4040516
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 29 Sterling Rd

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.34 lot acres
    Zone code
    C-2
    Property type
    Office buildings
    APN
    10.5.1.24
    APU
    105124

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 12, 2022 $255,000 Vld Holdings LLC Haralabos Psaroudakis Deed $204k · Peoples Security Bank & Trust Compa
    — — Haralabos Psaroudakis — Deed Of Trust · related $100k · Pennstar Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Mount Pocono
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.3596
    Latitude
    41.128
    CBSA code
    20700
    CBSA name
    EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,950
    $181,200
    $195,690
    $376,890
    -
    $181,200
    $195,690
    $376,890

    Comparable in this City

    • Value Estimation
      $2,600,000
      29,786 SF

      4 Frk St

      OFFICE BUILDING
      4 Frk St, Mount Pocono, PA 18344-1200
      View Details
    • Value Estimation
      $1,235,000
      7,512 SF

      8 Rachel Ln

      OFFICE BUILDING
      8 Rachel Ln, Mount Pocono, PA 18344-1036
      View Details
    • Value Estimation by Request
      1,836 SF

      84 Mtn Dr

      OFFICE BUILDING
      84 Mtn Dr, Mount Pocono, PA 18344-1751
      View Details
    • Value Estimation
      $3,065,000
      26,603 SF

      12 Church Ave

      OFFICE BUILDING
      12 Church Ave, Mount Pocono, PA 18344-1606
      View Details
    • Value Estimation
      $2,885,000
      0.16 Acres

      4 Frk St

      PROFESSIONAL BUILDING
      4 Frk St, Mount Pocono, PA 18344-1200
      View Details
    • Value Estimation by Request
      2,748 SF

      1427 Pocono Blvd

      OFFICE BUILDING
      1427 Pocono Blvd, Mount Pocono, PA 18344-1680
      View Details

    Similar Nearby for Sale

    • $429,900
      3,416 SF

      Commercial Building in Mount Pocono

      Commercial office building suitable for various professional uses.
      1355 Pocono Blvd, Mount Pocono, PA 18344
      View Details
    • $399,800
      3,956 SF

      Mount Pocono Commercial Investment Opportunity

      Three-story commercial building with high visibility and endless potential.
      1377 Pocono Blvd, Mount Pocono, PA 18344
      View Details
    • $399,900
      2,208 SF

      Mount Pocono Investment Opportunity

      Commercial property with rental income potential in Mount Pocono.
      113 Ward Ave, Mount Pocono, PA 18344
      View Details
    • $140,000
      0.19 Acres

      Mount Pocono Commercial Redevelopment Opportunity

      Commercial property with redevelopment potential in prime Mount Pocono corridor.
      20 Fork St, Mount Pocono, PA 18344
      View Details
    • $749,000
      2.15 Acres

      Commercial Land in Mount Pocono

      2.15-acre commercial site in Mount Pocono, PA for sale.
      1149 Pocono Blvd State Rte 611, Mount Pocono, PA 18344
      View Details
    • Contact for pricing
      1.00 Acre

      Wooded Lot in Mount Pocono

      One-acre wooded lot near skiing, shopping, and water parks.
      T 625, Mount Pocono, PA 18344
      View Details

    Similar Nearby for Lease

    • $4,865 /Mo
      12,449 SF

      Modern Office Space Available

      4,200 SF modern office space for lease in Mount Pocono.
      1151 Pocono Blvd, Mount Pocono, PA 18344
      View Details
    • $11 SF/Yr
      16,200 SF

      Mount Pocono Flex Industrial Space

      Flex industrial space for lease near I-380.
      137 Market Way, Mount Pocono, PA 18344
      View Details
    • $19 SF/Yr
      14,502 SF

      High-Traffic Retail Space in Pocono

      14,000 SF retail space in high-traffic Pocono location.
      3382 Route 940, Mount Pocono, PA 18344
      View Details
    • $150,000
      130,680 SF

      Mount Pocono Land Lease Opportunity

      3-acre commercial pad site for lease in Mount Pocono.
      89 Oak St, Mount Pocono, PA 18344
      View Details
    • $1,950 /Mo
      1,650 SF

      Retail Space in Mount Pocono

      Prominent 1,650 SF retail location near 5-Points intersection.
      29 Sterling Rd, Mount Pocono, PA 18344
      View Details
    • Contact for pricing

      Retail Space in Mt Pocono

      Retail space available for rent in Mt Pocono, PA.
      3196 Pa-940, Mount Pocono, PA 18344
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    29 Sterling Rd
    Mount Pocono, PA 18344
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    29 Sterling Rd, Mount Pocono, PA, 18344
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!