575 HorshamHorsham, PA 19044

  • Strip malls
  • 39,531 SF
Off market
$48,190,520 Estimated

Property Details for 575 Horsham

Year built
1990
Lot size
4.81 AC
Property size (Sq ft)
39,531 SF
Zone code
LC3
Property type
Strip malls
Property subtype
Neighborhood centers
APN
36-00-05562-00-9
APU
360005562009

Description

This exceptional retail opportunity is located at 575 Horsham Road in Horsham, Pennsylvania, within Montgomery County. The property, known as Horsham Corner, is a multi-tenant retail building totaling 31,000 square feet. Currently, a single storefront space of 1,688 square feet is available for lease. This presents a fantastic chance for businesses seeking a prominent location in a busy area. The address offers excellent visibility and accessibility, making it ideal for a variety of retail uses. The building's overall size and multiple tenancy suggest a thriving commercial environment. The specific submarket and submarket cluster information is not currently available. This 1,688 square foot space is ready for immediate occupancy and presents a unique opportunity to establish or expand your business in a high-traffic area of Horsham, PA, zip code 19044. The property's geographic coordinates are 40.187476 latitude and -75.1468309 longitude. Further details regarding lease terms and conditions are available upon request. Don't miss this chance to secure a prime retail location in a desirable Pennsylvania market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,631,622
    6.5%
    $10,736,882
    7%
    $9,969,961
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,052,152
    Geo Method
    $13,016,104
  • Alternative Use

    Use
    Valuation
    Residential
    $9,056,961
    Hospitality
    $8,296,128
    Educational
    $6,902,281
    Medical
    $7,139,661
    Retail
    $10,736,882

Location Insight

City
Horsham
County
Montgomery
State
Pennsylvania
Latitude
40.1879
Longitude
-75.1472
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$88,444
$624,470
$1,625,530
$2,250,000
-
$624,470
$1,625,530
$2,250,000

FAQs

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