10119 Valley Forge CirKing of Prussia, PA 19406

  • Office properties
  • 1,920 SF
For Sale
$499,000 View listing

Property Details for 10119 Valley Forge Cir

Year built
1972
Lot size
0.04 AC
Property size (Sq ft)
1,920 SF
Zone code
HR
Property type
Office properties
Property subtype
Other office properties
APN
58-00-19300-18-1
APU
580019300181

Description

This exceptional King of Prussia commercial condominium presents a unique investment opportunity. Located at 10119 Valley Forge Circle, this 1,920 square foot property is comprised of two units, each measuring 960 square feet. The building, a Class B property, underwent renovations in 2020. The units are currently 50% occupied, offering immediate income potential and the chance to increase occupancy. Suite A boasts a private bath and kitchenette, while Suite B features a full kitchen and upgraded lighting. The property benefits from a high-traffic location within a complex containing over 500 condominium homes, creating a built-in consumer base. Amenities include off-street parking and 24/7 uniformed security. Its convenient location provides easy access to major highways, including Routes 202, 422, the Schuylkill Expressway, and the Pennsylvania Turnpike. The property is zoned HR (High Rise Residential) and features electric central heat and air conditioning with zoned climate control. This multi-tenant property is offered for sale by owner at $499,000. The property is a one-story building within a fifteen-story complex.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $483,580
    6.5%
    $446,382
    7%
    $414,497
  • Comparable approach

    Method
    Valuation
    Relative Method
    $246,412
    Geo Method
    $250,867
  • Alternative Use

    Use
    Valuation
    Residential
    $553,513
    Hospitality
    $507,015
    Educational
    $421,831
    Medical
    $436,338
    Retail
    $656,181
10119 Valley Forge Cir, King of Prussia, Pennsylvania

Location Insight

City
King Of Prussia
County
Montgomery
State
Pennsylvania
Latitude
40.1062
Longitude
-75.414
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
$3,174
$36,480
$66,510
$102,990
-
$36,480
$66,510
$102,990

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