This 1,230 square foot retail space is located within the Mountain Crest Plaza, a 12,838 square foot shopping center in Effort, Pennsylvania. The property is situated on a 3-acre lot and offers excellent visibility and accessibility. The shopping center enjoys a strong tenant mix, including a pizzeria, nail salon, barber shop, Chinese restaurant, and tobacco outlet, creating a vibrant and busy retail environment. This particular unit is ideal for a variety of retail businesses seeking a well-established location with existing foot traffic. Available suites in the plaza range in size from 1,100 to 1,450 square feet, providing flexibility for different business needs. The asking price for this specific 1,230 square foot unit is $14,000 (price likely represents annual rent or lease terms, further details available upon request). The address is 3265 Route 115 #10, Effort, PA. This presents a fantastic opportunity for businesses looking to establish or expand their presence in a bustling commercial area. Interested parties are encouraged to inquire for further details regarding lease terms and conditions. The property's location in Effort, PA offers access to a strong local customer base and convenient access to major transportation routes.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,724,580
6.5%
$4,361,150
7%
$4,049,640
Comparable approach
Method
Valuation
Relative Method
$4,288,642
Geo Method
$4,260,008
Alternative Use
Use
Valuation
Residential
$3,678,794
Hospitality
$3,369,755
Educational
$2,803,597
Medical
$2,900,017
Retail
$4,361,150
Location Insight
City
Effort
County
Monroe
State
Pennsylvania
Latitude
40.9813
Longitude
-75.4491
CBSA code
20700
CBSA name
EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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