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Property profile & analytics
FOR LEASE
Office buildings
586 Main St 7 Stroudsburg, PA 18360
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-1814041
For Lease
1 / 7
$1,200/Mo
586 Main St,Unit 7, Stroudsburg, PA 18360
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1902
Total area
44,945 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C-2
APN
18-2.2.5.23
UPID
US73-1814041
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
Current use
Occupant on record · Public records
-
NickStar's Salon and Boutique LLC Hair Salon
-
Pocono Locksmith | Lost Car Key Service Locksmith
-
Ez Graphix Organization Marketing & Advertising Advertising Agency
-
My Itinerary Agent Travel Agency
-
Turrell Art Studios - Custom Framing & Art Services (Bike/Boat/Book/etc) Store Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.69M
Owner & transaction history
63 65 21st Street LLC · 6 yrs held
63 65 21st Street LLC
since 2019
7 recorded transactions
Zoning & alternative use
C-2 · Stroudsburg, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Stroudsburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stroudsburg 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
Blend value · Realmo final
$1.69M
Range $1.52M – $1.86M · ±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
$38 / 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
$28,331
Tax year 2024
Assessed value
$2,025,510
Assessed 2024
Previous assessed
$2,025,510
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$207,600
Assessed improvement
$1,817,910
Land market value
$207,600
Improvement market value
$1,817,910
Total market value
$2,025,510
Applied tax rate
18.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1902
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
44,945 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C-2
APN
18-2.2.5.23
UPID
US73-1814041
Jurisdiction
MONROE
Zoning & alternative use
C-2 · Stroudsburg, PA
Zoning C-2 · permitted uses
C-2 · Stroudsburg, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stroudsburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1902
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
0.41 ac
Current owner
From public records · entity-resolved
63 65 21st Street LLC
Entity
Mailing address
PO BOX 303, LITTLE FERRY, NJ 07643-0303
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2021
—
63 65 21st Street LLC
—
Deed
related
$252,000 · Wayne Bank
Dec 27, 2019
$2,300,000
63 65 21st Street LLC
Vernon Hill LLC
Deed
$1,700,000 · Wayne Bank
Aug 3, 2017
$2,200,000
Vernon Hill LLC
Norman E Fayne
Deed
$1,650,000 · Wayne Bank
—
—
Norman E Fayne
—
Deed Of Trust
related
$600,000 · Pocono Community Bank
—
—
Norman E Fayne
—
Deed Of Trust
related
$75,000 · Pocono Community Bank
—
—
Norman E Fayne
—
Deed Of Trust
related
$100,000 · Pocono Community Bank
—
—
Norman E Fayne
—
Deed Of Trust
related
$50,000 · Pocono Community Bank
—
—
Norman E Fayne
—
Deed Of Trust
related
$250,000 · First Keystone Fsb
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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