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    Property profile & analytics

    507 Old Rte 940 Pocono Pines, PA 18350-7799

    • Retail space
    • 1,948 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    $375,000
    Last Sale
    Jun 10, 2022
    Location Intelligence
    Property ID
    US73-3607197
    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

    • Jennifer's Salon / Beauty Salon

    Property Details for 507 Old Rte 940

    Year built
    1970
    Construction
    FRAME
    Lot size
    0.19 lot acres
    Property size
    1,948 SF
    Zone code
    C
    Property type
    Retail space
    APN
    19.6.2.37
    APU
    196237

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Pocono Pines
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.4708
    Latitude
    41.105
    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
    $1,246
    $33,800
    $158,550
    $192,350
    -
    $33,800
    $158,550
    $192,350

    Comparable in this City

    • Value Estimation
      $425,000
      6,192 SF

      2079 Rte 940

      RETAIL STORES (PERSONAL SERVICES) • 6,192 SF
      2079 Rte 940, Pocono Pines, PA 18350
      View Details
    • Value Estimation
      $405,000
      4,140 SF

      1888 Rte 940

      RETAIL STORES (PERSONAL SERVICES) • 4,140 SF
      1888 Rte 940, Pocono Pines, PA 18350-7802
      View Details
    • Value Estimation
      $220,000
      8,000 SF

      1878 Rte 940

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      1878 Rte 940, Pocono Pines, PA 18350-7773
      View Details
    • Value Estimation
      $355,000
      2,148 SF

      1812 Rte 940

      RETAIL STORES (PERSONAL SERVICES) • 2,148 SF
      1812 Rte 940, Pocono Pines, PA 18350-7744
      View Details
    • Value Estimation by Request

      Pa Rt 940

      GROCERY, SUPERMARKET
      Pa Rt 940, Pocono Pines, PA 18350
      View Details
    • Value Estimation
      $235,000
      2,644 SF

      1950 Rte 940

      FINANCIAL BUILDING • 2,644 SF
      1950 Rte 940, Pocono Pines, PA 18350-7742
      View Details

    Similar Nearby for Sale

    • $829,900
      Pending

      Mixed-Use Investment Opportunity, Pocono Pines

      Mixed-use property with three tenants in prime Pocono Pines location.
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      0.50 Acres

      Pocono Pines Wooded Building Lot

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    • Contact for pricing
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      Lake Naomi Club Membership Lot

      Land in Pocono Pines with Lake Naomi Club access.
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    • $169,900
      1.09 Acres

      Land For Commercial Development

      Commercial land available at the corner of Rts 940 & 423.
      940 2, Pocono Pines, PA 18350
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    • $34,900
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      Lake Naomi Vacant Land

      0.45-acre wooded lot with Lake Naomi Club membership opportunity.
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    • $184,500
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      Pocono Pines Building Lot

      Exceptional building lot in Lake Naomi, bordering state forest.
      Red Spruce Rd, Pocono Pines, PA 18350
      View Details
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    Pocono Pines, PA 18350-7799
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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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