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Property profile & analytics
FOR SALE
Retail space
5393 Development Park Dr Pocono Summit, PA
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-3295809
For Sale
1 / 15
$6,999,000
5393 Development Park Dr, Pocono Summit, PA
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
FRAME
Total area
6,000 SF
Lot
5 ac (217,800 SF)
Zoning code
CI
APN
19.1.1.32
UPID
US73-3295809
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
-
AAA Self Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
-
AAA Moving & Storage Moving Company
-
Cook Family Photography (Bike/Boat/Book/etc) Store Photography Service
-
Diamond Inkz Tattoo Studio Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.04M
Comparable Approach
Comparable
$1.24M
Blend (final)
Blend
$1.03M
Owner & transaction history
Belmont Pike Properties LLC · 5 yrs held
Belmont Pike Properties LLC
since 2021
3 recorded transactions
Zoning & alternative use
CI · Pocono Summit, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$935,000
+20.1%
Auto repair, garage
$810,000
+3.9%
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 Pocono Summit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pocono Summit 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%
$1,130,000
6.5%
$1,040,000
7%
$965,000
Alternative Use
Use
Estimation
RETAIL STORES
$780,000
Current use
RESTAURANT
$935,000
Change: +20% · Conversion: Easy
AUTO REPAIR, GARAGE
$810,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$715,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$690,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $927k – $1.13M · ±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
$172 / 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
$14,572
Tax year 2024
Assessed value
$2,250,000
Assessed 2024
Previous assessed
$2,250,000
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$219,810
Assessed improvement
$2,030,190
Land market value
$219,810
Improvement market value
$2,030,190
Total market value
$2,250,000
Applied tax rate
19.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1988
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
8
Stories
1
Rooms
12
Bathrooms
2
Total area
6,000 SF
Lot
5 ac (217,800 SF)
Zoning code
CI
APN
19.1.1.32
UPID
US73-3295809
Jurisdiction
MONROE
Zoning & alternative use
CI · Pocono Summit, PAZoning CI · permitted uses
CI · Pocono Summit, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$780,000
RESTAURANT
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$810,000
OFFICE BUILDING
Est. value
$715,000
MEDICAL BUILDING
Est. value
$690,000
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
8
Rooms
12
Bathrooms
2
Lot
5 ac
Current owner
From public records · entity-resolved
Belmont Pike Properties LLC
Entity
Mailing address
102 INDUSTRIAL BLVD, EASTON, PA 18040-6574
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2021
$30,000
Belmont Pike Properties LLC
Kara Eder
Grant Deed
—
—
—
John Valinote JR.
—
Deed Of Trust
related
$150,000 · Wayne Bank
—
—
John Valinote JR.
—
Deed Of Trust
related
$1,500,000 · Wayne Bank
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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