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- LoopNet Team
1445 Big Ridge Dr
East Stroudsburg, PA 18302
The Country Club of the Poconos · Land For Sale
·
409.00 AC
INVESTMENT HIGHLIGHTS
- 409 acres of which 291-acres can be developed for high density residential and light commercial uses.
- Includes a Fazio designed 18-hole golf course covering 118 acres, and a 16,000 square foot clubhouse situated on 7 acres.
- There are over 9 million people within a 2-hour drive of the site.
- Includes 29-acres of prime, relatively flat, buildable land zoned C-2– and arguably, the best views in the Poconos.
- Tremendous opportunity for a real estate developer / private equity to acquire a spectacular residential/resort development opportunity only 1.5 hours
- Most of the land available for development qualifies for the LERTA tax abatement program.
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 409.00 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Zoning | PRD | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 409.00 AC |
| No. Stories | 1 |
| Zoning | PRD |
DESCRIPTION
???????On Thursday, December 17, CBRE will be accepting sealed bids for this rare opportunity to acquire a 409-acre development opportunity, which includes an existing 18-hole golf course and clubhouse facility located in East Stroudsburg, Pennsylvania. This remarkable property contains ±409 acres in total and is located in the area known as the Poconos. Of that total, approximately 118-acres are dedicated to an 18-hole golf course and a 7-acre site with Clubhouse. The golf holes must either be used as a golf facility or converted to open space/passive recreation. The remaining 291 acres can accommodate various uses including residential and commercial. The majority of the acreage qualifies for LERTA tax abatements. Numerous Interstates and State Highways conveniently connect this site to other urban areas. Interstate 80 connects New York City 90 minutes to the east, State Highway PA 611 connects the site two hours to the south to Philadelphia, Interstate 380 to Scranton approximately 60 minutes to the northwest, and State Highway PA 22 to Allentown 60 miles to the southwest.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,728,550 | |
| Land Assessment | $1,788,360 | Total Assessment | $4,516,910 |
PROPERTY TAXES
