121 Commercial BlvdBlakeslee, PA 18610

Property Details for 121 Commercial Blvd

Year built

1990

Construction

FRAME

Lot size

3.09 AC

Property size (Sq ft)

3,040 SF

Zone code

CI

Property type

Office properties

Property subtype

Office buildings

APN

19.91190

APU

1991190

Description

This 5.66-acre parcel is located in the New Ventures Commercial Park in Blakeslee, Pennsylvania, directly off Route 80. The property is zoned Commercial/Industrial, offering a wide range of development possibilities. The park boasts an excellent location and features blacktop roads, readily available water and sewer services, and three-phase electric. This fee-simple ownership opportunity presents a compelling investment prospect due to its strategic location and infrastructure. The asking price is $575,000. Additional acreage and properties with existing buildings are also available within the park, offering various options to suit diverse business needs. These options include a 4.76-acre lot for $675,000, a 3.09-acre lot with a 3,200 sq ft office building and an 8,500 sq ft warehouse for $625,000, and a combined 7.85-acre parcel (Lots 14 & 15) including the office and warehouse buildings for $1,150,000. All lots benefit from the same superior location and infrastructure within the New Ventures Commercial Park. The park's convenient access to Route 80 ensures excellent visibility and accessibility for any business. This presents a rare opportunity to acquire land in a thriving commercial area with all necessary utilities readily available. Contact us today to explore these exceptional investment opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $755,183

  6.5%

  $697,092

  7%

  $647,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $399,876

  Geo Method

  $397,206

• Alternative Use

  Use

  Valuation

  Residential

  $864,394

  Hospitality

  $791,780

  Educational

  $658,752

  Medical

  $681,408

  Retail

  $1,024,725

Location Insight

City

Blakeslee

County

Monroe

State

Pennsylvania

Latitude

41.0801

Longitude

-75.5792

CBSA code

20700

CBSA name

EAST STROUDSBURG, PA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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