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    580 Main St, Unit 4 Stroudsburg, PA 18360
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    580 Main St, Unit 4, Stroudsburg, PA 18360

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    • Office buildings
    • 44,945 SF
    • 0.41 lot acres
    For Lease
    $1,200/Mo
    View Listing →
    Downtown Stroudsburg Office/Retail Suite For Lease
    $1,200/Mo
    690 SF

    Downtown Stroudsburg Office/Retail Suite

    Remodeled office/retail suite in historic downtown Stroudsburg.

    580 Main Street, Unit 4, Stroudsburg, PA 18360
    View Listing
    Property ID
    US73-1814041
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by 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

    Property Details for 580 Main St

    Year built
    1902
    Lot size
    0.41 lot acres
    Zone code
    C-2
    Property type
    Office buildings
    APN
    18-2.2.5.23
    APU
    1822523

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 2, 2021 — 63 65 21st Street LLC — Deed · related $252k · Wayne Bank
    Dec 27, 2019 $2,300,000 63 65 21st Street LLC Vernon Hill LLC Deed $1.7M · Wayne Bank
    Aug 3, 2017 $2,200,000 Vernon Hill LLC Norman E Fayne Deed $1.7M · Wayne Bank
    — — Norman E Fayne — Deed Of Trust · related $600k · Pocono Community Bank
    — — Norman E Fayne — Deed Of Trust · related $75k · Pocono Community Bank
    — — Norman E Fayne — Deed Of Trust · related $100k · Pocono Community Bank
    — — Norman E Fayne — Deed Of Trust · related $50k · Pocono Community Bank
    — — Norman E Fayne — Deed Of Trust · related $250k · First Keystone Fsb

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,599,000
      Market price range: $1.35M - $5.74M

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

    Location Insight

    • Map
    • Local Demand
    City
    Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.193
    Latitude
    40.9861
    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
    $28,331
    $207,600
    $1,817,910
    $2,025,510
    -
    $207,600
    $1,817,910
    $2,025,510

    Comparable in this City

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      $2,345,000
      18,330 SF

      100 Gypsum Rd

      OFFICE BUILDING
      100 Gypsum Rd, Stroudsburg, PA 18360-9480
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    • Value Estimation
      $1,730,000
      36,600 SF

      20 7th St

      OFFICE BUILDING
      20 7th St, Stroudsburg, PA 18360-2008
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    • Value Estimation by Request
      3,482 SF

      900 Scott St

      PROFESSIONAL BUILDING
      900 Scott St, Stroudsburg, PA 18360-1820
      View Details
    • Value Estimation
      $1,360,000
      7,545 SF

      450 Shook Ave

      OFFICE BUILDING
      450 Shook Ave, Stroudsburg, PA 18360-2913
      View Details
    • Value Estimation
      $670,000
      7,878 SF

      1431 9th St

      OFFICE BUILDING
      1431 9th St, Stroudsburg, PA 18360-7574
      View Details
    • Value Estimation
      $780,000
      3,993 SF

      1992 Main St

      OFFICE BUILDING
      1992 Main St, Stroudsburg, PA 18360-6515
      View Details

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      Converted Farmhouse Office Building

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      Stroudsburg Commercial Investment Opportunity

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      Downtown Stroudsburg Office Space

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      Winery/Brewery Tasting Room Opportunity

      Fully built-out winery/brewery tasting room in downtown Stroudsburg, PA.
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      Stroudsburg Mixed-Use Commercial Property

      Versatile property with commercial garage and residential home.
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    • $55,000
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      Residential Land in Northgate Estates

      0.59 acre lot in Northgate Estates, Stroudsburg, PA
      Lot Edgemont Rd, Stroudsburg, PA 18360
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    Similar Nearby for Lease

    • Contact for pricing

      Multi-Tenant Office Building For Rent

      25,200 SF multi-tenant office building on State Route 611.
      2937 Pa-611, Stroudsburg, PA 18360
      View Details
    • $1,200 /Mo
      7,506 SF

      Downtown Stroudsburg Office Space

      Office suite in downtown Stroudsburg, near courthouse and county buildings.
      11 S 7Th St, Stroudsburg, PA 18360
      View Details
    • $2,650 /Mo
      1,376 SF

      Stroudsburg Retail/Office Space Available

      Retail/office space with parking and excellent visibility.
      6568 Route 209, Stroudsburg, PA 18360
      View Details
    • $2,750 /Mo
      1,754 SF

      Downtown Stroudsburg Office Space

      1,750 SF office space in downtown Stroudsburg for rent.
      811 Monroe St, Stroudsburg, PA 18360
      View Details
    • Contact for pricing

      Stroudsburg Office Space Available

      Office space for rent in downtown Stroudsburg.
      811 Main St, Stroudsburg, PA 18360
      View Details
    • $3,000 /Mo
      17,250 SF

      Stroudsburg Office/Community Space Available

      Unique office/community space with kitchen, offices, and recreational room.
      1210 N 5Th St, Stroudsburg, PA 18360
      View Details
    View Listing
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    Stroudsburg, PA 18360
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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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