3265 Route 115Effort, PA 18330

  • Retail space
  • 12,938 SF
For Sale

Property Details for 3265 Route 115

Year built
2009
Construction
FRAME
Lot size
3.00 AC
Property size (Sq ft)
12,938 SF
Zone code
GC
Property type
Retail space
APN
02.14.1.7-17
APU
2141717

Description

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

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
$4,361
$48,760
$608,250
$657,010
-
$48,760
$608,250
$657,010

FAQs

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