This exceptional 3,710 square foot commercial property, situated on a 0.61-acre lot at 5701 Route 115 in Blakeslee, Pennsylvania, presents a lucrative opportunity for automotive businesses. The building boasts four or more generously sized bays, easily accommodating multiple vehicles simultaneously. Two vehicle lifts and a compressor are already installed, enhancing operational efficiency. Separate office and parts storage areas provide ample space for administrative tasks and inventory management. The property benefits from excellent visibility and convenient access, situated near the intersection of Routes 940 and 115, ensuring high traffic exposure. Its strategic location offers easy access to Interstate Route 80 and the Pennsylvania Turnpike (Route 476), maximizing accessibility for customers and employees. Ample parking is available on-site, along with a large rear lot providing additional storage capacity. Prominent signage opportunities further enhance the property's marketing potential. This property is ideal for a variety of automotive-related businesses, including vehicle repair, bodywork, and towing services. The asking lease price is $3500.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,354,784
6.5%
$1,250,570
7%
$1,161,243
Comparable approach
Method
Valuation
Relative Method
$1,229,778
Geo Method
$1,221,566
Alternative Use
Use
Valuation
Residential
$1,054,902
Hospitality
$966,285
Educational
$803,938
Medical
$831,586
Retail
$1,250,570
Location Insight
City
Blakeslee
County
Monroe
State
Pennsylvania
Latitude
41.0947
Longitude
-75.5951
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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