2523 Route 115Effort, PA 18330

Property Details for 2523 Route 115

Year built

1902

Construction

FRAME

Lot size

5.66 AC

Property size (Sq ft)

5,436 SF

Zone code

VC

Property type

Office properties

Property subtype

Office buildings

APN

02.8.1.50

APU

28150

Description

This exceptional commercial property in Effort, PA, offers approximately 608 square feet of office space available for lease. Situated on a generous 5.66-acre lot, this property presents a versatile opportunity for businesses seeking a prominent location. The 608 square foot office space is ideal for a variety of uses, offering ample room for operations and potential expansion. The expansive acreage provides significant potential for future development or ample parking and outdoor space. The property's location on Route 115 ensures high visibility and easy accessibility for clients and employees. This is a rare opportunity to secure a well-positioned commercial space in a desirable area. Additional space may also be available, making this property suitable for businesses of various sizes and needs. The property is identified by reference number 2679. Interested parties are encouraged to inquire further to explore the possibilities and learn more about the available lease terms and conditions. This prime commercial real estate presents a unique chance to establish or expand your business in a thriving community. Don't miss this chance to secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $1,350,387

  6.5%

  $1,246,511

  7%

  $1,157,474

• Comparable approach

  Method

  Valuation

  Relative Method

  $715,042

  Geo Method

  $710,268

• Alternative Use

  Use

  Valuation

  Residential

  $1,545,673

  Hospitality

  $1,415,828

  Educational

  $1,177,953

  Medical

  $1,218,464

  Retail

  $1,832,371

Location Insight

City

Effort

County

Monroe

State

Pennsylvania

Latitude

40.935

Longitude

-75.4328

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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