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    Property profile & analytics

    420 Scotrun Ave SCOTRUN, PA 18355

    • Residential income homes
    • 1,368 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-3176370
    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

    • Residential income homes

    Property Details for 420 Scotrun Ave

    Year built
    1950
    Lot size
    0.79 lot acres
    Property size
    1,368 SF
    Property type
    Residential income homes

    Description

    This exceptional mixed-use property at 420-426 Scotrun Avenue in Scotrun, Pennsylvania, presents a compelling redevelopment opportunity. Situated on a 0.79-acre lot with 314 feet of road frontage on State Route 611, this high-exposure corner location offers significant potential. The property currently features two buildings, totaling 1,368 square feet, constructed in 1950 and encompassing two units. The buildings are in need of rehabilitation. The property is zoned C-COMMERCIAL, allowing for a variety of uses. Public sewer access is available. The asking price is $299,000, translating to $218.95 per square foot. This fee-simple ownership opportunity is ideal for investors seeking to capitalize on the prime location and significant redevelopment potential. The existing structures, while requiring renovation, could be repurposed or removed to accommodate a new development. The expansive lot size and high visibility make this an attractive proposition for a range of commercial ventures. This property offers a unique blend of commercial and residential elements, presenting a versatile canvas for a creative investor. The property's location in Monroe County, Pennsylvania, provides easy access to major roadways and a thriving community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    SCOTRUN
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.3214713
    Latitude
    41.0681839

    Comparable in this City

    • $3,700,000
      10,766 SF

      Poconos Commercial Development Opportunity

      2.89-acre site with income-producing structures and redevelopment potential.
      2576 Route 611, Scotrun, PA 18355
      View Details
    • Contact for pricing
      0.53 Acres

      Land Near Camelback, Scotrun PA

      Wooded lot near Camelback and Premium Shopping Outlets.
      620 Williams Ln, Scotrun, PA 18355
      View Details
    • Contact for pricing
      0.46 Acres

      Land Near Camelback, Scotrun PA

      Wooded lot near Camelback and Premium Shopping Outlets.
      613 Williams Ln, Scotrun, PA 18355
      View Details
    • Contact for pricing
      Pending

      Land Near Camelback Resort

      Open lot near Camelback, suitable for RV, tiny home, or mobile.
      250 Big Hill Path, Scotrun, PA 18355
      View Details
    • Contact for pricing
      0.48 Acres

      Land in Tobyhanna Township, PA

      0.48 acre lot in Blueberry Estates, Scotrun, PA
      225 Williams Ln, Scotrun, PA 18355
      View Details
    • Contact for pricing
      0.46 Acres

      Land Near Camelback, Scotrun PA

      Wooded lot near Camelback and Premium Shopping Outlets.
      616 Williams Ln, Scotrun, PA 18355
      View Details

    Similar Nearby for Sale

    • $3,700,000
      10,766 SF

      Poconos Commercial Development Opportunity

      2.89-acre site with income-producing structures and redevelopment potential.
      2576 Route 611, Scotrun, PA 18355
      View Details
    • Contact for pricing
      Pending

      Land Near Camelback Resort

      Open lot near Camelback, suitable for RV, tiny home, or mobile.
      250 Big Hill Path, Scotrun, PA 18355
      View Details
    • Contact for pricing
      0.48 Acres

      Land in Tobyhanna Township, PA

      0.48 acre lot in Blueberry Estates, Scotrun, PA
      225 Williams Ln, Scotrun, PA 18355
      View Details
    • Contact for pricing
      0.46 Acres

      Land Near Camelback, Scotrun PA

      Wooded lot near Camelback and Premium Shopping Outlets.
      616 Williams Ln, Scotrun, PA 18355
      View Details
    • Contact for pricing
      0.53 Acres

      Land Near Camelback, Scotrun PA

      Wooded lot near Camelback and Premium Shopping Outlets.
      620 Williams Ln, Scotrun, PA 18355
      View Details
    • Contact for pricing
      0.46 Acres

      Land Near Camelback, Scotrun PA

      Wooded lot near Camelback and Premium Shopping Outlets.
      613 Williams Ln, Scotrun, PA 18355
      View Details

    Similar Nearby for Lease

    • $16,432 /Mo
      19,882 SF

      Prime Commercial Space on Route 611

      Large commercial space with excellent visibility and accessibility on Route 611.
      117 Rose St, Scotrun, PA 18355
      View Details
    • $1,395 /Mo
      10,360 SF

      Retail Space Near Tourist Attractions

      900 SF commercial space in prime location for lease.
      2541 Route 611, Scotrun, PA 18355
      View Details
    • Contact for pricing
      19,882 SF

      Scotrun Commercial Space For Lease

      20,000 SF, High-Traffic Location
      117 Rose St, Scotrun, PA 18355
      View Details
    • $2,795 /Mo
      1,800 SF

      Prime Commercial Space Near Attractions

      1800 SF commercial space in prime location for lease.
      2551 Rt 611, Scotrun, PA 18355
      View Details
    • Contact for pricing
      19,882 SF

      Rose Street Commercial Property

      Prime Commercial Space, High Visibility
      117 Rose St, Scotrun, PA 18355
      View Details
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    420 Scotrun Ave
    SCOTRUN, PA 18355
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    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
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