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    Property profile & analytics

    2972 Rte 611 Tannersville, PA 18372-7880

    • Turn key restaurants
    • 11,478 SF
    • 4.64 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 15, 2024
    Location Intelligence
    Property ID
    US73-4029466
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2972 Rte 611

    Year built
    1960
    Construction
    FRAME
    Lot size
    4.64 lot acres
    Property size
    11,478 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    12.8.2.71-1
    APU
    1282711

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tannersville
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.3025
    Latitude
    41.0317
    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
    $8,573
    $500,750
    $599,250
    $1,100,000
    -
    $500,750
    $599,250
    $1,100,000

    Comparable in this City

    • Value Estimation
      $355,000
      1,750 SF

      105 Alger Ave

      RESTAURANT • 1,750 SF
      105 Alger Ave, Tannersville, PA 18372-7833
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    • Value Estimation by Request
      4,106 SF

      2942 Rte 611

      RESTAURANT • 4,106 SF
      2942 Rte 611, Tannersville, PA 18372-7880
      View Details
    • Value Estimation
      $385,000
      600 SF

      2894 Rte 611

      RESTAURANT • 600 SF
      2894 Rte 611, Tannersville, PA 18372
      View Details
    • Value Estimation
      $410,000
      2,862 SF

      2726 Rte 611

      RESTAURANT • 2,862 SF
      2726 Rte 611, Tannersville, PA 18372-7876
      View Details
    • Value Estimation
      $785,000
      4,314 SF

      2912 Rte 611

      RESTAURANT • 4,314 SF
      2912 Rte 611, Tannersville, PA 18372-7862
      View Details
    • Value Estimation
      $440,000
      12,838 SF

      133 Hl Motor Ldg Rd

      RESTAURANT • 12,838 SF
      133 Hl Motor Ldg Rd, Tannersville, PA 18372
      View Details

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      Tannersville Mixed-Use Opportunity

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      Pocono Township Wooded Lot

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    Similar Nearby for Lease

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      Tannersville Retail Space For Rent

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      Retail space for lease in grocery-anchored shopping center.
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      Tannersville Commercial Lease Opportunity

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      Historic Church Near Pocono Attractions

      Unique commercial opportunity near major attractions and transportation.
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      Tannersville Office Space For Lease

      Office space available in multi-tenant building on Route 611.
      2937 Route 611, Tannersville, PA 18372
      View Details
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    Tannersville, PA 18372-7880
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    Realmo Value Estimation

    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.

    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.

    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
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