5357 Development Park Dr, Pocono Summit, PA 18346
- Commercial real estate
- 33,600 SF
- 5.01 lot acres
Current Use by Public Records
- Summit Lanes / Bowling Alley
Property Details for 5357 Development Park Dr
- Year built
- 1999
- Lot size
- 5.01 lot acres
- Zone code
- CI
- Property type
- Commercial real estate
- APN
- 19.1.1.31
- APU
- 191131
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 23, 2023 | — | Tobyhanna Site LLC | — | Deed · related | $7k · First Keystone Community Bank |
| Aug 9, 2021 | — | Tobyhanna Site LLC | — | Deed · related | $1.3M · Keystone Community Bank |
| Apr 1, 2021 | — | Tobyhanna Site LLC | — | Deed · related | $1.7M · First Keystone Community Bank |
| Mar 26, 2021 | — | Tobyhanna Site LLC | — | Deed · related | $5.6M · First Keystone Community Bank |
| Jun 18, 2020 | — | Tobyhanna Site LLC | — | Deed · related | $455k · Keystone Community Bank |
| Oct 12, 2018 | $4,000,000 | Pocono Summit Properties LLC | Alex Holtzman | Special Warranty Deed | $3.2M · First Keystone Community Bank |
| Dec 27, 2017 | — | Alexander J Holtzman | — | Deed · related | $1M · The Dime Bank |
| — | — | Alex Holtzman | — | Deed Of Trust · related | $2.1M · Penn Security Bank & Trust Co |
| — | — | Alex Holtzman | — | Deed Of Trust · related | $2.1M · Penn Security Bank & Trust Co |
| — | — | Alex Holtzman | — | Deed Of Trust · related | $2.6M · Chase Manhattan Bank |
| — | — | Alexander J Holtzman | — | Deed Of Trust · related | $2.7M · Nova Savings Bank |
Description
This fee-simple industrial property in Pocono Summit, PA, offers 41,160 square feet of space on a 10.03-acre lot. The single-unit building, constructed in 1999, features a 33,600 square foot main floor and approximately 7,560 square feet of upper-level studio space. Ceiling heights range from 12 to 27 feet. The property boasts 156 parking spaces and is zoned C-I, allowing for diverse commercial or industrial uses. The building's features include a steel frame, concrete slab foundation, painted concrete-block exterior walls, metal-framed storefront doors, and a flat rubber-membrane roof. HVAC is provided by roof-mounted compressors and electric heat pumps. The interior includes finished concrete floors, painted block walls, and open ceilings with suspended fluorescent lighting. The main floor currently includes a foyer, food service area with commercial kitchen, bowling alley, sales area, game arcade, billiard area, office, sports/repair shop, bar, and restrooms. An additional 5-acre parcel with Route 940 frontage is included, presenting significant development potential. A conceptual plan shows a possible redevelopment into a hotel, restaurant, and gas station/convenience store. The property's location offers easy access to major highways and is near popular attractions like Camelback Mountain Resort, Mount Airy Casino Resort, and Kalahari Resorts. The asking price is $4,000,000, with a price per square foot of $97.18. The APN is 19634504923555, 19634504927170.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,893,000
- AI Estimate
- $1,871,000
Market price range: $1.86M - $3.60MMarket price range: $1.44M - $3.54M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Pocono Summit
- County
- Monroe
- State
- Pennsylvania
- Longitude
- -75.393
- Latitude
- 41.1102
- CBSA code
- 20700
- CBSA name
- EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA
