1744 Route 611Mount Pocono, PA 18344

  • Other commercial real estate
  • 1,048 SF
For Sale
$6,900,000 View listing

Property Details for 1744 Route 611

Year built
1902
Construction
FRAME
Lot size
35.57 AC
Property size (Sq ft)
1,048 SF
Zone code
R-2
Property type
Other commercial real estate
APN
11.113722
APU
11113722

Description

This exceptional 105-acre property in Monroe County, Pennsylvania, presents a unique investment opportunity. Ideally situated in Mount Pocono at 1744 Route 611, zip code 18344, this land boasts a prime location within the heart of the Pocono Mountains hospitality industry. The property comprises three parcels: a largely cleared former golf course with over 900 feet of frontage on State Route 611, and two heavily wooded parcels featuring approximately one mile of creek frontage. Preliminary plans, approved under a Master Development Plan, envision 180,000 square feet of commercial space. This presents a remarkable chance to develop a resort concept near established attractions like Mount Airy Casino Resort, Kalahari Resort, Great Wolf Lodge, and Camelback Resort. The property's strategic location and substantial size offer significant potential for various commercial ventures. Detailed information is available upon request. Asking price is $6,900,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $297,989
    Hospitality
    $272,956
    Educational
    $227,096
    Medical
    $234,906
    Retail
    $353,261
1744 Route 611, Mount Pocono, Pennsylvania

Location Insight

City
Mount Pocono
County
Monroe
State
Pennsylvania
Latitude
41.1032
Longitude
-75.3392
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
$1,931
$303,370
$63,270
$366,640
-
$303,370
$63,270
$366,640

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