232 Rock Hill RdBala Cynwyd, PA 19004

Property Details for 232 Rock Hill Rd

Year built

1957

Lot size

0.72 AC

Property size (Sq ft)

2,720 SF

Zone code

C2

Property type

Office properties

Property subtype

Other office properties

APN

40-00-51936-02-6

APU

400051936026

Description

This exceptional single-tenant retail property, located at 232 Rock Hill Road in Bala Cynwyd, Pennsylvania, offers 2,720 square feet of versatile space. The building, constructed in 1957 and extensively renovated in 2021, is classified as Class B and boasts a single story. The property is situated on Rock Hill Road, conveniently located near Belmont Avenue, and benefits from a highly desirable commercial zoning designation. With ample parking (25 spaces), this property is ideal for a variety of uses, including retail, medical, office, or even light warehouse operations. Currently fully occupied, this presents a stable investment opportunity. The property's prime location offers excellent visibility and accessibility, situated next to established businesses such as CVS Pharmacy, Rock Hill Pizza, and the new LBS Senior Living residences, ensuring high foot traffic and strong potential for future growth. Annual property taxes are $3 per square foot. The property features no elevators.

• CAP approach

  CAP return

  Valuation

  6%

  $449,697

  6.5%

  $415,105

  7%

  $385,455

• Comparable approach

  Method

  Valuation

  Relative Method

  $355,395

  Geo Method

  $355,395

• Alternative Use

  Use

  Valuation

  Residential

  $514,730

  Hospitality

  $471,490

  Educational

  $392,274

  Medical

  $405,765

  Retail

  $610,205

Location Insight

City

Bala Cynwyd

County

Montgomery

State

Pennsylvania

Latitude

40.0211

Longitude

-75.2329

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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