754 Route 196 Tobyhanna, PA 18466
This exceptional 2-acre commercial property in Tobyhanna, PA, presents a unique investment opportunity. Located at 754 Route 196, this C-1 zoned land offers significant flexibility, including the possibility of combining commercial use with residential. The property includes a 1,280 square foot, three-bedroom, one-bathroom ranch house, which requires some renovations. However, its prime location ensures high visibility for any business. Recent improvements include a new well pump (2023) and a newer hot water heater. The property benefits from its proximity to key transportation arteries such as Route 940 and 380, as well as Mount Pocono Airport and the Pocono Mountains Corporate Center East. The property is being sold "AS IS," reflecting an estate sale with no repairs to be made. Square footage is based on public records. This is a rare chance to acquire a versatile commercial property at an attractive price point of $159,900. The property's zoning allows for a wide range of commercial uses, making it an ideal investment for entrepreneurs seeking a high-visibility location in a thriving area. Directions: From Route 940 East, turn left onto Route 196/Sterling Road. The property is approximately 3.5 miles down the road on the right, just past Echo Lake Road.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.