• 174 Memorial Blvd, Tobyhanna, PA 18466

For Sale

Land

For Sale

This property is available for sale
118.94
Acres
$1,499,000
Sale Price
  • Overview

    The Pocono Mountains, which has 27.9 million visitors each year, is approximately 2 hours from Philadelphia, Harrisburg or Trenton and 1.5 hours from New York City. Travel spending exceeds $3.3 billion annually of which 19% is on food and beverage. The Poconos features more than 30 golf courses, 4 indoor waterparks, abundant shopping centers and various seasonal recreational activities. Major area developments include the proposed $400 million Pocono Springs Entertainment Village, the 130,000 square foot expansion of Kalahari Resort’s convention center, and the new Harley Davidson dealership. KW Commercial, The Daniel Perich Group is offering this development site for sale in Tobyhanna. The 118-acre property is situated along Interstate 380 at the Route 611 and Route 423 intersection. It is one mile from both the Tobyhanna Army Depot and the Walmart Distribution Center. The permitted uses in C-3 zoning district include assisted living facilities, conference centers, hotels and motels, multi-family dwellings and other various office/retail uses. Site consists of 4 parcels, which could be subdivided. A 22-acre parcel is surrounded by Pennsylvania State Game Lands and is on the west side of Interstate 380. The 45-acre piece is divided by Route 611 and has access from Route 423 as well. It currently has a 5-year lease extension on the cell tower, which currently pays $1,900 per month with annual CPI increases. The 52-acre site is on the southwestern side of the Route 611/423 intersection. Sketch plan on file shows assisted living facility and multi-family dwellings.

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Property Details

The Pocono Mountains, which has 27.9 million visitors each year, is approximately 2 hours from Philadelphia, Harrisburg or Trenton and 1.5 hours from New York City. Travel spending exceeds $3.3 billion annually of which 19% is on food and beverage. The Poconos features more than 30 golf courses, 4 indoor waterparks, abundant shopping centers and various seasonal recreational activities. Major area developments include the proposed $400 million Pocono Springs Entertainment Village, the 130,000 square foot expansion of Kalahari Resort’s convention center, and the new Harley Davidson dealership. KW Commercial, The Daniel Perich Group is offering this development site for sale in Tobyhanna. The 118-acre property is situated along Interstate 380 at the Route 611 and Route 423 intersection. It is one mile from both the Tobyhanna Army Depot and the Walmart Distribution Center. The permitted uses in C-3 zoning district include assisted living facilities, conference centers, hotels and motels, multi-family dwellings and other various office/retail uses. Site consists of 4 parcels, which could be subdivided. A 22-acre parcel is surrounded by Pennsylvania State Game Lands and is on the west side of Interstate 380. The 45-acre piece is divided by Route 611 and has access from Route 423 as well. It currently has a 5-year lease extension on the cell tower, which currently pays $1,900 per month with annual CPI increases. The 52-acre site is on the southwestern side of the Route 611/423 intersection. Sketch plan on file shows assisted living facility and multi-family dwellings.

  • Property Type
    Land
  • Sale Price
    $1,499,000
  • Total Acres
    118.94
  • Sale Status
    Available
  • Property ID
    2100959