585 Railroad DrStroudsburg, PA 18360

  • Auto shops
  • 5,568 SF
For Lease
$15.16/SF/YR View listing

Property Details for 585 Railroad Dr

Year built
1987
Lot size
4.90 AC
Property size (Sq ft)
5,568 SF
Zone code
C
Property type
Auto shops
APN
12.10.1.37-1
APU
12101371

Description

This turn-key, approved diesel repair garage is available for lease. Located conveniently near Interstate 80 exit 299 (one mile away), this property boasts a functional layout ideal for equipment maintenance and repair. The 4,750 square foot building sits on 4.9 acres of land and features four bays, including one pull-through bay, each equipped with 14-foot doors. Internal improvements include a compressor and air lines, a waste oil burner, ample parking, and a well-organized parts storage area. The office space comprises 700 square feet and includes three rooms and a private bathroom. Employee amenities include a locker room with a shower. The property is zoned commercial (APN: 12636200761892, Monroe County) and was built in 1987. Utilities include onsite septic, public water, and 400 amps of electrical service. This is an exceptional opportunity for a trucking or equipment maintenance business seeking a well-equipped and strategically located facility. The 3,200 square foot garage area provides ample space for operations, while the additional office and storage space ensures efficient workflow. The property's location and existing infrastructure make it an attractive option for immediate occupancy and operational success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,033,271
    6.5%
    $1,876,866
    7%
    $1,742,804
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,845,661
    Geo Method
    $1,833,338
  • Alternative Use

    Use
    Valuation
    Residential
    $1,583,206
    Hospitality
    $1,450,208
    Educational
    $1,206,556
    Medical
    $1,248,052
    Retail
    $1,876,866

Location Insight

City
Stroudsburg
County
Monroe
State
Pennsylvania
Latitude
41.0381
Longitude
-75.3309
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
$1,709
$49,600
$169,710
$219,310
-
$49,600
$169,710
$219,310

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