116 Airstrip RdEast Stroudsburg, PA 18301

  • Industrial properties
  • 5,280 SF
For Sale
$499,000 View listing

Property Details for 116 Airstrip Rd

Year built
1998
Lot size
0.92 AC
Property size (Sq ft)
5,280 SF
Zone code
M1
Property type
Industrial properties
Property subtype
Other warehouses
APN
16.113769
APU
16113769

Description

This exceptional 5,280 square foot light industrial/flex building, situated on a 0.92-acre lot in East Stroudsburg, Pennsylvania, presents a compelling investment opportunity. Constructed in 1998, this well-maintained single building boasts a desirable split-block design. The property features a spacious clear-span warehouse area with 16-foot ceilings, serviced by public water and sewer, and equipped for three-phase power and natural gas. A significant highlight is the inclusion of a large hangar door on one end and a 14-foot overhead door on the other, providing unparalleled access and flexibility. The building also includes a recently updated 1,200 square foot office space, complete with a separate entrance, an ADA-compliant restroom, a kitchenette, and three private offices. A mezzanine above the office area adds valuable storage space. Ample parking and improved roadway access further enhance the property's appeal. Currently occupied under a short-term lease, this property is ideally suited for an end-user seeking a versatile and functional space. The property is zoned MI and its APN is 16731200574226. The asking price is $499,000, translating to $94.51 per square foot. This fee-simple ownership opportunity offers a rare combination of functionality, location, and value in a thriving Northeast Pennsylvania industrial park. The property is currently tenant-occupied

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,501,316
    Hospitality
    $1,375,198
    Educational
    $1,144,148
    Medical
    $1,183,497
    Retail
    $1,779,786
116 Airstrip Rd, East Stroudsburg, Pennsylvania

Location Insight

City
East Stroudsburg
County
Monroe
State
Pennsylvania
Latitude
41.0356
Longitude
-75.1561
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
$2,259
$72,600
$257,920
$330,520
-
$72,600
$257,920
$330,520

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