Property profile

3245 Route 115 Effort, PA 18330

FOR SALE
Warehouses
Property ID
US73-3119246
8,300 SF 5.44 ac lot Built 1981
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9.56-acre commercial lot in Effort, Pennsylvania, presents a significant investment opportunity. Strategically located on Route 115, just six miles south of Pocono International Raceway, this property boasts 600 feet of road frontage, ensuring high visibility and accessibility. The site benefits from an impressive annual average daily traffic count of 8,100 vehicles. Currently featuring a 7,500 square foot warehouse occupied by a tenant, generating immediate rental income, this property offers both immediate return and significant future potential. Preliminary commercial development plans are available, facilitating expansion or redevelopment. The flat terrain and prime location within a thriving commercial area, surrounded by established businesses and stores, make this an ideal site for a diverse range of commercial ventures. The asking price is $900,000. This property offers a rare combination of immediate income and long-term growth potential in a high-traffic area. The zip code is 18330.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1981
Total area 8,300 SF
Lot 5.44 ac (236,966 SF)
Zoning code GC
APN 02.14.1.7-6
UPID US73-3119246

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3245 Route 115 Effort, PA 18330
Effort metro Census 301204 EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2008
3 recorded transactions
2008
$370,000
2006
$100,000
1969
Price N/A

Zoning & alternative use

GC · Effort, PA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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