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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    694 Milford Rd East Stroudsburg, PA 18301

    • Outlet malls
    • 47,084 SF
    • 2.20 lot acres
    For Sale
    View listing
    $130,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US73-4023815
    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

    • Outlet malls

    Property Details for 694 Milford Rd

    Year built
    1996
    Lot size
    2.20 lot acres
    Property size
    47,084 SF
    Zone code
    C-2
    Property type
    Outlet malls
    APN
    17.3.1.63
    APU
    173163

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,018,000
      Market price range: $3.28M - $9.76M
      AI Estimate
      $2,544,000
      Market price range: $1.35M - $6.14M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $6,130,000
      Current use
      AUTO REPAIR, GARAGE
      $6,365,000
      Change: +4% Conversion: Difficult
      MEDICAL BUILDING
      $5,420,000
      Change: -12% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    East Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.1839
    Latitude
    41.0181
    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
    $16,675
    $618,200
    $1,854,600
    $2,472,800
    -
    $618,200
    $1,854,600
    $2,472,800

    Comparable in this City

    • Value Estimation
      $1,630,000
      11,989 SF

      285 Washington St

      WHOLESALE OUTLET, DISCOUNT STORE • 11,989 SF
      285 Washington St, East Stroudsburg, PA 18301-2836
      View Details
    • Value Estimation
      $1,515,000
      8,900 SF

      2535 Milford Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 8,900 SF
      2535 Milford Rd, East Stroudsburg, PA 18301
      View Details
    • Value Estimation
      $2,050,000
      24,321 SF

      765 7th Brg Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 24,321 SF
      765 7th Brg Rd, East Stroudsburg, PA 18301
      View Details
    • Value Estimation
      $4,765,000
      67,338 SF

      2610 Milford Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 67,338 SF
      2610 Milford Rd, East Stroudsburg, PA 18301-8224
      View Details
    • Value Estimation
      $3,335,000
      47,084 SF

      695 Courtland St

      WHOLESALE OUTLET, DISCOUNT STORE • 47,084 SF
      695 Courtland St, East Stroudsburg, PA 18301-1313
      View Details
    • Value Estimation by Request
      3,778 SF

      2080 Milford Rd

      RESTAURANT • 3,778 SF
      2080 Milford Rd, East Stroudsburg, PA 18301-8549
      View Details

    Similar Nearby for Sale

    • New
      $130,000
      1,100 SF

      Established Business in Prime Location

      Thriving business for sale in high-traffic East Stroudsburg location.
      694 Milford Rd, East Stroudsburg, PA 18301
      View Details
    • $494,000
      2,841 SF

      East Stroudsburg Multifamily Investment Opportunity

      Multifamily property near East Stroudsburg University with income potential.
      120 Ridgeway St, East Stroudsburg, PA 18301
      View Details
    • $2,350,000
      23,383 SF

      Mixed-Use Investment in East Stroudsburg

      Mixed-use property with residential, office, and restaurant tenants.
      46-50 Crystal St, East Stroudsburg, PA 18301
      View Details
    • $2,700,000
      26,596 SF

      Prime East Stroudsburg Auto Shop

      High-traffic location, 26,596 SF.
      505 Fawn Rd, East Stroudsburg, PA 18301
      View Details
    • $329,000
      2,400 SF

      East Stroudsburg Commercial Garage

      Well-maintained garage with three bays and ample parking.
      399 Oak St, East Stroudsburg, PA 18301
      View Details
    • $600,000
      3,360 SF

      East Stroudsburg Commercial Building For Sale

      Freestanding 3,360 sq ft brick building on 0.59 acres.
      209 Skyline Dr, East Stroudsburg, PA 18301
      View Details

    Similar Nearby for Lease

    • $1,325 /Mo
      1,000 SF

      East Stroudsburg Commercial Lease Space

      Commercial lease space available in East Stroudsburg, Pennsylvania.
      2583 Milford Rd, East Stroudsburg, PA 18301
      View Details
    • Contact for pricing
      3,435 SF

      Retail Space in Pocono Plaza

      Grocer-anchored retail space in redeveloped Pocono Plaza.
      300 Lincoln Ave, East Stroudsburg, PA 18301
      View Details
    • Contact for pricing
      27,345 SF

      Eagles Glen Shopping Plaza: Retail Space

      Prime East Stroudsburg retail space available. Multiple units, flexible sizes.
      740 Milford Rd, East Stroudsburg, PA 18301
      View Details
    • Contact for pricing
      147,225 SF

      Pocono Plaza Retail Center

      East Stroudsburg Retail Space Available
      0 Brown St. Business Rte. 209 & Lincoln Ave, East Stroudsburg, PA 18301
      View Details
    • $3,500 /Mo
      2,400 SF

      East Stroudsburg Commercial Garage For Rent

      Well-maintained garage with three bays and ample parking in East Stroudsburg.
      399 Oak St, East Stroudsburg, PA 18301
      View Details
    • $3,500 /Mo
      19,602 SF

      East Stroudsburg Commercial Garage Space

      Well-maintained garage with lifts, office, and ample parking.
      399 Oak St, East Stroudsburg, PA 18301
      View Details
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    694 Milford Rd
    East Stroudsburg, PA 18301
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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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